18. Idaho

This rural state has become America's back office, providing support to companies on the coasts.

Flag of Idaho
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Category
Score
2019 Rank
2018 Rank
Grade
Workforce 192 42 29 F
Economy 303 2 5 A+
Infrastructure 174 28 24 C+
Cost of Doing Business 228 12 4 A-
Quality of Life 186 21 13 C
Education 50 47 40 F
Technology & Innovation 64 37 35 D
Business Friendliness 135 6 3 B+
Access to Capital 22 38 29 D
Cost of Living 31 20 13 B-
Overall 1385 18 11 -

Economic Profile

Governor: Brad Little, Republican

Population: 1,754,208

GDP growth (Q4 2018): 2.7%

Unemployment rate (May 2019): 2.8%

Top corporate tax rate: 6.92%

Top individual income tax rate: 6.925%

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