Bonneville County · Idaho · West · 68k residents
Idaho Falls, ID: economy, jobs & business costs
The site-selection read on Idaho Falls: labor costs, talent, corporate tax, energy, and business activity, with the Idaho median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $982/wk. Idaho's corporate income tax rate is 5.7%. Commercial electricity averages 9.2¢/kWh.
Compare Idaho Falls side by side
Avg. weekly wage
$982/wk
Corporate income tax
5.7%
Bachelor's degree or higher
31.7%
Commercial electricity
9.2¢/kWh
Economic momentum
How fast Idaho Falls's economy is moving, ranked against the US cities we track.
59/100
Steady
Ranks Idaho Falls's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $335,500 |
| Price per sq. ft. | $275 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $862/mo |
| 2-bedroom rent | $1,024/mo |
| State & local income tax | 3.19% |
| Sales tax | 6.05% |
| Corporate income tax | 5.7% |
| Avg. weekly wage | $982/wk |
| Bachelor's degree or higher | 31.7% |
| Commercial electricity | 9.2¢/kWh |
| Businesses per 1k residents | 42.9/1k |
| Wage: Software developer | $123,450 |
| Wage: Registered nurse | $84,110 |
| Wage: General manager | $80,380 |
| Wage: Customer service | $40,060 |
| Wage: Warehouse worker | $35,000 |
| Wage: Heavy truck driver | $59,010 |
| Wage: Electrician | $65,350 |
| Wage: Retail salesperson | $32,320 |
| Cost of living index | 89 |
| Groceries index | 96 |
| Utilities | $130/mo |
| Transit pass | $42/mo |
| Gas price | $3.35/gal |
| Healthcare index | 95 |
| Childcare (per child) | $900/mo |
| Median household income | $73,110 |
| Unemployment rate | 3.3% |
| Population | 68k |
| Crime index | 28/100 |
| School rating | 5.8/10 |
| Walkability | 34/100 |
| Disaster risk | 82/100 |
| Avg. commute | 21 min |
| Sunny days / year | 210 days |
| July high | 86°F |
| January low | 16°F |
| Annual snowfall | — |
| Home price YoY | +0.5% |
| Home price MoM | -0.3% |
| Rent YoY | +0.9% |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | +3.8% |
| Building permits YoY | -58.9% |
| Ocean coast | 569 mi |
| Big lake | 70 mi |
| Mountains | 61 mi |
| Major airport | 4 mi |
| Ski resort | 55 mi |
Popular comparisons
Nearby
- Ammon, ID · 19k
- Rexburg, ID · 41k
- Chubbuck, ID · 16k
- Pocatello, ID · 58k
- Twin Falls, ID · 54k
Similar size
- Caldwell, ID · 67k
- Coeur d'Alene, ID · 56k
- Post Falls, ID · 43k
- Lewiston, ID · 35k
- Eagle, ID · 33k
Real listings in Idaho Falls
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Idaho Falls a good place to run a business?
- Idaho's corporate income tax rate is 5.7%; average weekly wages in the surrounding labor market run $982/wk; commercial electricity averages 9.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Idaho Falls, ID?
- Idaho Falls indexes at 89 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,024/mo and a acs median home value of $335,500.
- How much does a house cost in Idaho Falls?
- The acs median home value in Idaho Falls is $335,500 (Census ACS estimate; individual listings vary).
- How much is rent in Idaho Falls?
- A two-bedroom in Idaho Falls rents for about $1,024/mo.