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Exactly rectangular in shape, Wyoming is traversed by the Rocky Mountains, which angle south across the state from the northwest.
Wyoming has two spectacular national parks: Grand Teton, which embraces the most stunning portion of the Teton Range, and Yellowstone, which occupies the entire northwest corner of the state and was the world's first national park. Yellowstone's geysers and hot springs are world famous, as is the breathtaking Grand Canyon of the Yellowstone. Wyoming is also prime hunting and fishing country. The nation's largest herds of elk and antelope are there; deer, moose, and bear are plentiful, and the rivers, lakes, and streams teem with fish. Also in the state are Devils Tower and Fossil Butte national monuments and two national recreational areas, Bighorn Canyon and Flaming Gorge.
Developable land is a limited commodity in Teton County. Of the county's 2.7 million acres, more than 97 percent are permanently preserved by national park, national forest, the Bureau of Land Management and other varieties of public land. That leaves just 3 percent of the land in the Jackson Hole valley in private hands, and of that, about two-thirds is either already developed or preserved through conservation easements.
Property Value
These clear constraints on future development distinguish Jackson Hole from most other places in America. From a simple supply-demand perspective, they suggest that property in Jackson Hole has a better chance of retaining or increasing its value than property in much of the rest of the United States.
Financial Advantage
As one of only eight states without either an income tax or tax on interest and dividends, Wyoming offers a clear financial advantage to its residents, too. In addition, Wyoming has no gift tax, and while it has an inheritance tax, it is what is commonly known as a "pick-up" tax, being that amount which is equal to the credit against the federal estate tax, so no additional death tax is due.
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