Business and Economy in Idaho Falls, ID
Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Idaho Falls, ID, is $44,580, and check out the following articles to get an inside look at its key industries and job opportunities.
Natural resources, skilled workforce drive top local industry.
Millennials can build fruitful careers in Eastern Idaho.
Local company develops new innovative carbon-based fiber.
Infrastructure upgrade efforts include Hitt Road, Bonneville Hotel, Snake River Landing.
Innovation Corridor branding helps attract new business to the area.
Community takes new approaches to tourism, technology and economic development.
Mixed-use and retail projects add to quality of life.
Diverse sectors include health, steel, ag and the INL.
Diverse economy includes energy, medicine and food.
Leading the way in nuclear energy research.
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Idaho Falls’s economy.
Employment Rate in Bonneville County, ID
Occupations in Idaho Falls, ID
Employment in Idaho Falls, ID
|Employment Armed Forces||0.1%|
|Employment Civilian Labor Force||63.6%|
|Employment Not in Labor Force||36.3%|
|Employment Total in Labor Force||63.7%|
Industry in Idaho Falls, ID
|Agriculture, Forestry, Fishing and Hunting and Mining||2.2%|
|Transportation and Warehousing, and Utilities||3.7%|
|Finance and Insurance, and Real Estate and Rental and Leasing||3.1%|
|Professional, Scientific and Management and Administrative and Waste||13.6%|
|Educational Services and Health Care and Social Assistance||22.1%|
|Arts, Entertainment and recreation and Accommodation and food Services||10.4%|
|Other Services, Except Public Administration||4.3%|