- Jackson Hole, Wyoming, is a luxury enclave for some of America’s wealthiest.
- The area is known for its extreme income inequality, with the top 1% earning vastly more.
- I visited Jackson Hole for the first time to find out why the rich live and vacation there.
In the valley below the Teton mountain range, some of the wealthiest people in America kick back on their terraces and look out at a vast mountain landscape where mansions are hidden in the towering evergreen trees.
They have saunas in their houses and spend thousands on custom-made cowboy hats with diamond bands.
I’m talking about the wealthy enclave of Jackson Hole in Teton County, Wyoming — one of the richest counties in the US.
Jackson Hole has long been a billionaire hideout and the city with the most unequal income in the US. According to the Economic Policy Institute, the top 1% of residents in the metro area earn 132 times the income of the bottom 99% of residents. The average income of the top 1% sits above a cool $16 million.
A-listers from Kanye West and the Kardashians to Sandra Bullock and Harrison Ford have bought property in Jackson Hole.
Still, I recently visited the city for the first time to see what makes this place so coveted for high earners.
