51 Idaho Business Stats & Facts For 2025

Here are 51 business stats about Idaho for 2025.

Basics:

Population: 1,964,726 (US Census 2020)
Population desnity per square mile: 22.30
GDP: $118,791 (millions USD)
GDP Per Capita: $60,980
Median household income (in 2022 dollars): $70,214
Real GDP Growth Rate: 3.50%
Total Employment: 913.6k
Unemployment Rate: 2.9%

Rankings

% Share of National Economy: 0.43%
State Economic Growth Rank (out of 50): 38
Population Growth Rank (out of 50): 1
Business Growth Rank (out of 50): 1
State Growth Rank in Employment (out of 50): 49

Biggest Industries In Idaho By Revenue

1. New Car Dealers: $8.1b
2. Hospitals: $7.4b
3. Dairy Product Production: $7.4b
4. Electronic Part & Equipment Wholesaling: $6.6b
5. Wholesale Trade Agents and Brokers: $6.3b
6. Warehouse Clubs & Supercenters: $5.1b
7. Gas Stations with Convenience Stores: $4.8b
8. Scientific Research & Development: $4.4b
9. Supermarkets & Grocery Stores: $4.2b
10. Commercial Banking: $3.5b

Biggest Employers In Idaho

1. St. Luke’s Health: 14,000 (1.5%)
2. Walmart: 8,865 (1.0%)
3. Micron Technology: 5,000 (0.5%)
4. Safeway: 5,000 (0.5%)
5. Saint Alphonsus Health System: 5,000 (0.5%)
6. Albertsons Companies: 5,000 (0.5%)
7. West Ada School District #2: 4,000 (0.4%)
8. Boise State University: 3,197 (0.3%)
9. Boise Independent School District #1: 3,119 (0.3%)
10. Kootenai Health: 3,000 (0.3%)

Small Businesses In Idaho

Number of Small Businesses 188,603
Percent of bossiness that are small businesses: 99.20%
Number of employees: 359,592
Share of Employment: 56.40%
Number of New Businesses In The Past Year: 11,977
Number of Businesses That Closed In The Past Year: 7,047
Net Change In New Businesses: 4,930

Number of Businesses With No Employees: 146,218
Number of Businesses with 1-19 Employees: 37,877
Number of Businesses with 20-499 Employees: 4,508
Share of Businesses Owned By Women: 46.00%
Share of Businesses Owned By Veterans: 8.30%
Share of Hispanic Owned Businesses: 6.30%
Share of Businesses Owned By Racial Minorities: 2.90%

Fortune 500 Companies In Idaho

Number of Fortune 500 Headquaters: 3
Biggest Company: Albertsons
Biggest Company Type: Food and Drug Stores
Number of Employees: 195,750
Revenue (in millions): $71,887

Taxes In Idaho

State Corporate Tax Rate: 5.80%
State Corporate Tax Rate Brackets: $0

State Sales Tax Rate: 6.00%
State Sales Tax Rank (out of 50): 17
Average Local Sales Tax Rate: 0.03%
Max Local Sales Tax Rate: 3.00%
Average Combined Sales Tax Rate: 6.03%
Combined Sales Tax Rank (out of 50): 37

Minimum State Income Tax Rate If You’re Single: 5.80%
Minimum State Income Tax Rate If You’re Married: 5.80%

General Idaho Population Facts

In civilian labor force, total, percent of population age 16 years+: 62.50%
In civilian labor force, female, percent of population age 16 years+: 57.10%
Share of population which is foreign born: 5.70%
Mean travel time to work (minutes), workers age 16 years+: 21.4

Housing

Number of Housing Units: 815,293
Owner-occupied housing unit rate: 72.00%
Median value of owner-occupied housing units: $331,600
Median gross rent per month: $1,061
Households with a computer: 95.20%
Households with a broadband Internet subscription: 89.80%

Education

High school graduate or higher, percent of persons age 25 years+: 91.40%
Bachelor’s degree or higher, percent of persons age 25 years+: 30.20%

Also See

• Idaho Registered Agent Services
• Idaho Secretary of State Business Search
• How To Form an LLC In Idaho
• Idaho Bookkeepers & Bookkeeping Services

Sources

• https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
• https://en.wikipedia.org/wiki/Economy_of_Idaho
• https://www.ibisworld.com/united-states/economic-profiles/idaho/
• https://taxfoundation.org/data/all/state/2024-sales-taxes/
• https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets-2024/
• https://taxfoundation.org/data/all/state/state-income-tax-rates-2024/
• https://advocacy.sba.gov/2023/11/14/2023-small-business-profiles-for-the-states-territories-and-nation/
• https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-ID.pdf
• https://www.bls.gov/eag/
• https://www.bls.gov/regions/west/idaho.htm#eag
• https://www.census.gov/quickfacts/fact/table/ID,US/PST045223
• https://www.50pros.com/fortune500