Teton County, Wyoming

• Income premium: Households earn well above the national median, supporting strong retail and housing markets.
• Cost of living stretches income further: Local prices run 7.3% below the national average, so the nominal median of $124,172 is worth $133,950 at national average prices. BEA publishes price parity at state level, not county level.
• Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 25.4 pts, supports knowledge-economy and tech attraction.

• Largest private-sector industry: Accommodation and Food Services employs 7,655 workers (39.7% of tracked sectors), at an average wage of $45,556. Every industry figure on this page is private sector; government employs a further 2,856 and is counted separately.
• Economic scale: Regional GDP of $4.9B (2024).
• Wage stratification: Finance and Insurance averages $310,095 while Accommodation and Food Services averages $45,556, a 6.8x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Accommodation concentrates at 17.29x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 11 sub-sectors register LQ ≥ 1.5, but 59.4% of the employment across them depends on one source of demand: visitor economy. Read the count as depth within that single demand base rather than as spread across separate ones.
• Attraction whitespace: 6 sub-sectors register LQ < 0.5 with at least 50 employed, candidates for diversification or recruitment depending on labor-market fit.

• Stretched market: Home value to income ratio of 13.2x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
• Elevated vacancy: 28% of housing units are vacant, above the Wyoming rate of 12.2%, and down from 34.9% in 2019.
• Mostly second homes: seasonal, recreational and occasional-use units are 80.4% of vacant units, so the headline rate is not available supply.
• Genuinely available supply: units listed for rent or for sale are 7.5% of the vacant stock, or 2.1% of all housing units against the 28% headline vacancy rate. Absorbable supply for an incoming employer is thin, and the gap between the two is the redevelopment and conversion opportunity.
• Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $105,380 can pay without cost burden (~$2,635/mo), and 26.4% of renter households are measured as cost-burdened.

• Strong participation: 77.6% labor force participation among working-age residents indicates an engaged, available workforce.
• Short commutes: 15.3-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
• Talent pipeline: no college, university, or technical school is located in Teton County per the IPEDS institutional directory, so any training pipeline serving it runs through institutions outside the county.

Teton County shows strong potential for accommodation attraction, with a 17.29x concentration and 5,232 jobs in this sub-sector. It ranks in the top decile nationally.

Most of the employment across the concentrated sub-sectors traces back to a single source of demand. Visitor economy accounts for 59.4% of it, with accommodation the largest single sub-sector at 49.1%. Recruitment that widens the demand base changes that exposure; recruitment inside the same base deepens it.