There are numerous reasons why those who live in Jackson Hole have chosen to have their primary residences here. Some of those reasons are emotional, such as the sheer beauty of the natural surroundings and the overall quality of life. Other reasons are more practical in scope and include Wyoming’s overall tax-climate benefits when compared to all other states.
For years, Bloomberg has rated Wyoming as the most tax-friendly state in the United States. The Tax Foundation has ranked Wyoming as number one in its 2021 State Business Tax Climate Index—a ranking benefitting primarily from the state’s absence of both corporate and individual income taxes, as well as a low sales tax rate.