Joe Sohm | Getty Images
Idaho Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 195 | 34 | 38 | C |
| WORKFORCE | 192 | 31 | 20 | D |
| ECONOMY | 232 | 9 | 8 | B |
| QUALITY OF LIFE | 130 | 37 | 33 | D |
| COST OF DOING BUSINESS | 139 | 28 | 21 | C+ |
| TECHNOLOGY & INNOVATION | 137 | 24 | 25 | C+ |
| BUSINESS FRIENDLINESS | 137 | 23 | 14 | C+ |
| EDUCATION | 30 | 48 | 47 | D |
| ACCESS TO CAPITAL | 16 | 47 | 30 | F |
| COST OF LIVING | 21 | 34 | 40 | C- |
| OVERALL | 1229 | 36 | 26 |
Economic Profile
Governor: Brad Little, Republican
Population: 1,964,726
GDP growth (Q1 2024): 5.0%
Unemployment rate (May 2024): 3.3%
Top corporate tax rate: 5.8%
Top individual income tax rate: 5.8%
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
