11. Idaho (Tie)

The Gem State is attracting  jobs with a booming manufacturing sector. But it needs to invest in education.

A Micron employee checks a silicon wafer. 
Seokyong Lee | Bloomberg | Getty Images
A Micron employee checks a silicon wafer. 
Category
Score
2018 Rank
2017 Rank
Grade
Workforce 227 29 33 (Tie) B-
Infrastructure 203 24 32 (Tie) C+
Cost of Doing Business 247 4 11 (Tie) A+
Economy 241 5 8 A+
Quality of Life 204 13 18 B-
Technology & Innovation 95 35 36 D+
Education 70 40 44 D-
Business Friendliness 130 3 3 A
Access to Capital 41 29 41 (Tie) D+
Cost of Living 38 13 6 B+
Overall 1496 11 20 -

Economic Profile

Governor: Butch Otter, Republican

Population: 1,716,943

GDP growth (Q4 2017): 4.8 percent

Unemployment rate (May 2018): 2.9 percent

Top corporate tax rate: 7.4 percent

Top individual income tax rate: 7.4 percent

Gasoline tax: 33 cents/gallon

Bond rating: (Moody's/S&P): Aa1, stable/AA+, 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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

Top States Past Year Rankings

  • CNBC unveils its 11th annual America's Top States for Business ranking for 2017, scoring all 50 states on 10 key measures of competitiveness.

  • Top States promos Arm Wrestling

    CNBC unveils its 10th annual America's Top States for Business ranking, scoring all 50 states on 10 key measures of competitiveness.

  • Top States 2015

    CNBC unveils its 9th annual America's Top States for Business. See where your state ranks.

Latest Special Reports