Wyoming releases Teton County housing data

The Wyoming Business Council has completed an update of housing data in each of the state’s 23 counties.

The study profiles a wide variety of issues including commuter patterns, poverty, unemployment rates and the percentage of family income that is committed to housing costs.

Note: Clarifications regarding housing affordability are included in parenthesis.

At 59.8 percent, Teton County has the second highest percentage of renters in Wyoming. (As a percentage of household income,) rental rates are close to the statewide average and below the national average. But home ownership costs are higher than both state and national averages.

(The Business Council added that average rent for 3 bedroom accommodations is $2,357. To meet the 30% cost threshold (what is considered affordable), a family would need to make $94,280. But the median household income is only $75,600.)

The county ranks 22 of 23 counties in Wyoming for access to affordable housing.

Many families who earn less than 80 to 120 percent of median income are working multiple jobs to pay for housing. They also work in jobs that are critical to the local economy, like food service and retail.

Well over 3,000 of the people in the Teton County, Wyoming workforce are commuting, most from Teton County, Idaho or Lincoln County, Wyoming. For most, affordable housing is not available in Teton County, Wyoming.

You can see the Teton County housing review here.