This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Teton Village - Alta is a very small town located in the state of Wyoming. With a population of 2,625 people and just one neighborhood, Teton Village - Alta is the 29th largest community in Wyoming.
Teton Village - Alta home prices are not only among the most expensive in Wyoming, but Teton Village - Alta real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Teton Village - Alta is a decidedly white-collar town, with fully 91.23% of the workforce employed in white-collar jobs, well above the national average. Overall, Teton Village - Alta is a town of service providers, managers, and professionals. There are especially a lot of people living in Teton Village - Alta who work in management occupations (22.08%), sales jobs (14.29%), and food service (12.09%).
A relatively large number of people in Teton Village - Alta telecommute to their jobs. Overall, about 25.74% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
Another notable thing is that Teton Village - Alta is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town.
Overall, Teton Village - Alta’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
Being a small town, Teton Village - Alta does not have a public transit system used by locals to get to and from work.
Demographics
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Teton Village - Alta. 71.78% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Teton Village - Alta in 2022 was $112,871, which is wealthy relative to Wyoming and the nation. This equates to an annual income of $451,484 for a family of four.
The people who call Teton Village - Alta home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Teton Village - Alta residents report their race to be White, followed by Black or African-American. Important ancestries of people in Teton Village - Alta include English, German, Irish, Italian, and Scottish.
The most common language spoken in Teton Village - Alta is English. Other important languages spoken here include Spanish and Slavic languages.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
People
Of note is NeighborhoodScout's research finding that the neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the community truly stands out from the rest in this regard.
In addition, if you are planning to retire in Wyoming, this neighborhood should be on your must-see list. For many reasons, may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Wyoming, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.4% of neighborhoods in WY. If a Wyoming retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.
Also, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the neighborhood, where 36.7% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 95.8% of the neighborhoods in America.
Real Estate
Unpopulated, and rural, the neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 98.7% of the neighborhoods in America.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 38.3% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 97.2% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Modes of Transportation
In the neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 15.4% of residents here. This is a higher proportion of walking commuters than we found in 97.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Occupations
There are more people living in the neighborhood employed as sales and service workers (58.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Diversity
Did you know that the neighborhood has more Ukrainian and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Ukrainian ancestry and 4.0% have Danish ancestry.
The Neighbors
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Teton Village - Alta are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 46.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 41.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.5%), and 5.7% in government jobs, whether they are in local, state, or federal positions.
Languages
The most common language spoken in the neighborhood is English, spoken by 95.1% of households. Some people also speak Spanish (2.6%).
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Teton Village - Alta, WY, residents most commonly identify their ethnicity or ancestry as English (25.5%). There are also a number of people of German ancestry (17.8%), and residents who report Irish roots (13.5%), and some of the residents are also of Italian ancestry (8.6%), along with some Scottish ancestry residents (7.5%), among others.
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (35.2% of working residents), one of the shortest commutes across America.
Here most residents (54.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (15.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
