Capital
U.S. Wealth Gap Rises With Jackson Hole Coming at the Top
- Gap in asset income per capita rose sixfold from 1990 to 2019
- County-level analysis shows dearth of asset income across U.S.
Grand Teton National Park in Teton County, Wyoming.
Photographer: David Paul Morris/Bloomberg
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When U.S. Federal Reserve officials head to their annual mountain retreat next week to talk economic inequality, they’ll be sitting in the country’s wealthiest county.
Wyoming’s Teton County, home to Jackson Hole, has the nation’s highest per-capita income from assets, according to a study by the Economic Innovation Group. The analysis found a sharp increase in geographic concentration of asset ownership over the past decades.