Teton County has long been the wealthiest area of Wyoming, but the median household income for a family of four just cracked $100,000 for the first time in 2018, according to a report by the U.S. Department of Housing and Urban Development.
The median income in Teton County rose more than three percent from the previous year, but the cost of living saw an increase more than three times that. Jackson and Teton County Housing Director April Norton said that disparity makes it more difficult for average families to live in Jackson.
"Even though our folks here are earning more than they were last year, they're still not keeping up with the cost of goods, and more specifically, the cost of renting an apartment," Norton said.
Norton says roughly 8,000 people commute from Idaho, where housing is cheaper, into Teton County for work every day. The Housing Department is attempting to increase the percentage of the workforce that lives locally by partnering with private companies to construct new housing, and by offering deed restrictions.
