15. Idaho

Low costs and friendly regulation make the Gem State sparkle. But the education system badly needs polish.

Top States Idaho
Source: George Kavallines
Category
Score
2016 Rank
2015 Rank
Workforce 208 28 32 (Tie)
Cost of Doing Business 243 6 6
Infrastructure 189 25 27
Economy 226 12 19
Quality of Life 195 20 (Tie) 22
Technology & Innovation 102 34 33 (Tie)
Education 56 49 47 (Tie)
Business Friendliness 115 5 11 (Tie)
Cost of Living 66 7 3
Access to Capital 29 22 (Tie) 19
Overall 1429 15 14

Economic Profile

Governor: Butch Otter, Republican

Population: 1,654,930

GDP growth: 1.9 percent

Unemployment rate (May 2016): 3.7 percent

Top corporate tax rate: 7.4 percent

Top individual income tax rate: 7.4 percent

Gasoline tax: 50.40 cents/gallon

Bond rating/outlook: Aa1, stable

Major private employers: St. Luke's Health System, Micron Technology, Inc.

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, S&P Global Market Intelligence

Latest Special Reports

  • As the need for high-level financial advice grows, wealth managers handling high-net-worth clients grow more important.

  • Innovative female entrepreneur examining prototype

    In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve? CNBC Evolve features iconic global companies and executives who are embracing change and transforming for the future.

  • Frontline insights and unique views on key issues and challenges facing today’s CFOs.