The economy is hot thanks to a housing boom, but weak education causes the state to lose some appeal.
Idaho Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 244 | 13 | 12 | B+ |
| Infrastructure | 169 | 37 | 28 | C- |
| Life, Health & Inclusion | 206 | 21 | -- | C |
| Workforce | 159 | 30 | 42 | D+ |
| Economy | 197 | 1 | 2 | A+ |
| Business Friendliness | 177 | 2 | 6 | A+ |
| Access to Capital | 35 | 45 | 38 | F |
| Technology & Innovation | 83 | 31 | 37 | C- |
| Education | 54 | 46 | 47 | D- |
| Cost of Living | 48 | 19 | 20 | B- |
| Overall | 1372 | 16 | 18 |
Economic Profile
Governor: Brad Little, Republican
Population: 1,826,913
GDP growth (Q1 2021): 5.9%
Unemployment rate (May 2021): 3%
Top corporate tax rate: 6.93%
Top individual income tax rate: 6.93%
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
