Top States for Business

20. Idaho

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Idaho Score and Ranking

CATEGORY  2022 SCORE  2022 RANK  2021 RANK  2022 GRADE 
WORKFORCE1864030D+
INFRASTRUCTURE1554237D-
COST OF DOING BUSINESS2131513A
ECONOMY26051A
LIFE, HEALTH & INCLUSION1752021C-
TECHNOLOGY & INNOVATION1043431D+
BUSINESS FRIENDLINESS15632A
EDUCATION484846F
ACCESS TO CAPITAL223445D+
COST OF LIVING203119B-
OVERALL13392016

Economic Profile

Governor: Brad Little, Republican

Population: 1,900,923

GDP growth (Q1 2022): -1.1%

Unemployment rate (May 2022): 2.5%

Top corporate tax rate: 6.5%

Top individual income tax rate: 6%

Gasoline tax: 33 cents/gallon

Bond rating: (Moody's/S&P): Aaa, stable/AA+, stable

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

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