Wealth Income Gap Widens In U.S. Communities With Jackson Hole At The Top
HuffPost
More Americans need a "seat at the table" of the U.S. economy, urges troubling new report by the Economic Innovation Group.
To the surprise of few people, the wealth income gap among American communities is yawning ever wider, a new study has found. What might startle some, though, is that Teton County, home of Jackson Hole, Wyoming, boasts the highest income from assets in the nation. In fact, several other scenic mountain getaway communities in the West have become “enclaves of extreme wealth ... peppered across the landscape,” noted the study released last week by the Economic Innovation Group. The wealth often sharply contrasts with desperately poor rural communities that are nearby. Teton County, home of the Grand Teton National Park and popular ski slopes, has increasingly attracted the uber-rich, boosting the area’s annual per capita asset income to an eye-popping $161,400, EIG found. (Jackson Hole has also led the nation in per capita income, boasting an average of $250,000 per resident in 2018.)
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