Idaho Score and Ranking
CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
---|---|---|---|---|
WORKFORCE | 224 | 20 | 40 | C+ |
INFRASTRUCTURE | 170 | 38 | 42 | D |
ECONOMY | 252 | 8 | 5 | B |
LIFE, HEALTH & INCLUSION | 152 | 33 | 20 | D+ |
COST OF DOING BUSINESS | 172 | 21 | 15 | B |
TECHNOLOGY & INNOVATION | 141 | 25 | 34 | C |
BUSINESS FRIENDLINESS | 118 | 14 | 3 | B |
EDUCATION | 40 | 47 | 48 | D- |
ACCESS TO CAPITAL | 22 | 30 | 34 | D+ |
COST OF LIVING | 13 | 40 | 31 | D- |
OVERALL | 1304 | 26 | 20 |
Economic Profile
Governor: Brad Little, Republican
Population: 1,939,033
GDP growth (Q1 2023): 3.80%
Unemployment rate (May 2023): 2.60%
Top corporate tax rate: 5.80%
Top individual income tax rate: 5.80%
Gasoline tax: 51.40 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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence