#21 Idaho


#2 in Taxation and Regulation

#2 in Workforce Quality

#1 in Living Environment

Right to Work?

Regional Profile – West

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
California
9
9
9
9
Colorado
3
6
7
2
Idaho
5
2
2
1
Montana
6
5
4
4
Nevada
1
3
6
8
Oregon
8
8
8
7
Utah
4
4
1
3
Washington
7
7
3
5
Wyoming
2
1
5
6

Key Industries

Agriculture; University R&D commercialization

Key Companies

Alliance Data

Boise Cascade

Edward Jones

Micron Technology

MWI Veterinary Supplies

T-Mobile

Advantages

Idaho led the nation in job growth in March 2015 and unemployment is down. Construction jobs are leading the shift upward.

Challenges

Fortune 500 companies aren’t flocking to the wide open state, perhaps for its lack of large urban areas. Just one Fortune 500 – Micron Technology – calls Idaho home, compared to 10 for neighboring Washington and 53 for nearby California.

Key Contacts

Commerce

Megan Ronk, Director
208-780-5152
700 W State Street
P.O. Box 83720
Boise, ID 83720-0093

megan.hill@commerce.idaho.gov
http://commerce.idaho.gov/

CEO Comments

“We moved from California to Idaho because California’s attitude toward business is very unfriendly. They see us as more of an enemy and an abuser of people than as an entity which provides jobs, products, services and tax revenue.”

Current Developments

2015 REGIONAL REPORT: The West
July 29, 2015

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No 19: Idaho

No. 19

Idaho

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations
  • State Corporate Income Tax Rate: 7.60%
  • Highest Personal Income Tax Rate: 7.80%
Workforce Quality
  • % with High School diploma or more: 87.9
  • % with Bachelor’s degree or more: 24.0
  • % with Advanced degree or more: 7.4
  • Patents per 100K: 70.83
  • % of Employed Represented by Unions: 8.6
Quality of Life
  • Hopsitals per 10K: 0.273
  • Elementary/Secondary Schools per 1000 people: 0.484
  • Violent Crimes per 100K: 234.48
Key Companies
  • Micron Technology
  • Boise Inc.
  • MWI Veterinary Supplies
Other Highlights
  • Idaho fell to #19 from #13 in 2010 — the state took #16 in 2009
  • Idaho ranks 35th in state debt per capita with $2284

Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education