The No. 1 and No. 2 revenue sources for Wyoming as a state are the extraction of minerals and tourism. While these two industries are vastly different, they both help out residents in that they allow for very low taxes across the state. This is a big reason people decide to relocate to places like Jackson Wyoming, where real estate is plentiful and nature is appreciated more too. The tax burden is quite low, the workforce is highly educated, and the energy and operating costs are quite low as well, bringing about more Jackson Hole property for sale that is being snatched up with regularity.
For instance, Jackson Wyoming real estate is a healthy mix of Jackson Hole luxury homes and Jackson hole ranches for sale, with celebrities like Sandra Bullock, Harrison Ford and Dick Cheney taking up residence next to entrepreneurs and young families. With an average home price of just over $2.4 million for Jackson Wyoming real estate properties, the region attracts a higher end of clientele that simply love what it represents. Also, Jackson Wyoming real estate is located very close to places like the National Elk Refuge, which is the recipient of funds raised during the town of Jackson’s annual elk antler auction. Held each year in May at the town square, the antlers are auctioned off to benefit the refuge’s feeding programs. These factors are making Jackson WY real estate from a residential perspective and even Jackson hole commercial real estate so fascinating for people.