Economy, jobs and prices in Idaho, United States: official figures
The economy of Idaho (gross domestic product) was worth $137.4 billion in 2025 at current prices, 0.4% of the US total of $30.86 trillion; 13th smallest of 51. In current dollars it was up 5.9% on 2024.
How fast is the economy of Idaho growing?
After adjusting for inflation, real GDP in Idaho grew 3.1% in 2025, against 2.3% for the United States; 6th fastest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the GDP per capita of Idaho?
Dividing 2025 GDP by the Census Bureau's population estimate gives $67,695 of output per resident, against $90,294 for the US economy divided by the population of the 50 states and DC; 6th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs the economy of Idaho growing or shrinking?
In the second quarter of 2026, real GDP in Idaho grew at an annual rate of 1.5% (United States: 2.2%); 24th slowest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat are the main industries in Idaho?
In 2025 the largest private industry in Idaho's economy was real estate, rental and leasing (14.8% of GDP), followed by manufacturing (9.7%) and health care and social assistance (8.6%). Government accounted for 10.4%; the manufacturing share was 22nd highest of 51 (United States: 9.5%).
Source: U.S. Bureau of Economic Analysis · saved copyHow much do people in Idaho spend?
Consumer spending (personal consumption expenditures) in Idaho came to $49,627 per person in 2025 (United States: $61,062); 5th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs Idaho expensive to live in?
Prices in Idaho were 4.5% below the national average in 2024, by BEA's regional price parity of 95.5 (US = 100), which covers goods, services and housing; 23rd least expensive of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the inflation rate in Idaho?
Prices in Idaho rose 6.2% in 2024, measured by BEA's implicit regional price deflator, against 2.6% nationally (PCE price index).
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the per capita income in Idaho?
Personal income per person in Idaho was $64,200 in 2025, against $77,028 for the United States; 9th lowest of 51. It was up 4.7% on 2024 and up 29.1% on 2020, before inflation.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the disposable income per person in Idaho?
After taxes, disposable personal income per person was $56,717 in 2025 (United States: $67,251); 8th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyHow far does income go in Idaho?
Adjusted for local price levels, real personal income per person in Idaho was $52,816 in 2024 in 2017 dollars (United States: $59,195); 8th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the median household income in Idaho?
Median household income in Idaho was $81,166 in 2024 (margin of error ±$1,340), against $81,604 for the United States; 22nd highest of 51 by the point estimate. It was up 5.2% on 2023 after adjusting for inflation (American Community Survey).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in Idaho?
The Gini index of household income inequality in Idaho was 0.435 in 2024 (0 means equal incomes, 1 means one household has everything; United States: 0.481); 2nd least unequal of 51.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in Idaho?
The unemployment rate in Idaho was 3.6% in September 2026 (seasonally adjusted, preliminary), unchanged from 3.6% a year earlier; tied for 20th lowest of 51. The rate for the 50 states and DC combined was 4.2%.
Source: U.S. Bureau of Labor Statistics · saved copyHow many people are unemployed in Idaho?
In September 2026, 36,235 people in Idaho were unemployed and 961,587 employed, out of a labor force of 997,822.
Source: U.S. Bureau of Labor Statistics · saved copyWhat was the unemployment rate in Idaho in 2025?
Over 2025 the unemployment rate in Idaho averaged 3.7% (an 11-month average: October 2025 was not collected during the federal shutdown), against 3.6% in 2024; tied for 18th lowest of 51. The lowest annual rate since 1976 was 2.9% in 2018.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the average salary in Idaho?
Workers covered by unemployment insurance in Idaho were paid $62,392 on average in 2025 ($1,200 a week), up 4.7% on 2024; the US average was $78,720. That is 6th lowest of 51.
Source: U.S. Bureau of Labor Statistics · saved copyHow many jobs are there in Idaho?
Employers in Idaho had an average of 874,283 jobs on their payrolls in 2025 across 101,834 establishments, up 1.8% on 2024 (United States: up 0.5%).
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median wage in Idaho?
The median annual wage across all occupations in Idaho was $47,970 in May 2025 (mean $61,170); tied for 16th lowest of 51. One in ten workers earned less than $29,300 and one in ten more than $103,240.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the most common job in Idaho?
The most common occupation in Idaho in May 2025 was fast food and counter workers, with 25,810 workers and a median annual wage of $28,940.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median household income in Idaho?
Median household income in Idaho was $80,852 in 2024, 23rd highest among the 50 states and DC (U.S.: $81,604). In 2019 it was $60,830, so it has risen 32.9% before allowing for inflation.
Source: U.S. Census Bureau · saved copyWhat is the average rent in Idaho?
The median gross rent in Idaho, including utilities, was $1,384 a month in 2024, up 10.2% on 2023 ($1,256); 23rd highest among the 50 states and DC (U.S.: $1,487).
Source: U.S. Census Bureau · saved copyWhat is the median home value in Idaho?
Homeowners in Idaho valued their homes at a median of $446,400 in 2024, up 4.2% on 2023 ($428,600); 14th highest among the 50 states and DC (U.S.: $360,600).
Source: U.S. Census Bureau · saved copyHow affordable are homes in Idaho?
The median home value in Idaho was 5.5 times the median household income in 2024 ($446,400 against $80,852); 11th highest ratio among the 50 states and DC (U.S.: 4.4).
Source: U.S. Census Bureau · saved copyIs rent affordable in Idaho?
A household on the median income in Idaho would spend 20.5% of its income on the median rent of $1,384 a month in 2024 (U.S.: 21.9%).
Source: U.S. Census Bureau · saved copyHow Idaho compares with other states
Gross domestic product, 2025 (current dollars) (2025)
Idaho ranks 39 of 51, highest first.
| Rank | Region | Gross domestic product, 2025 (current dollars) |
|---|---|---|
| 36 | District of Columbia | $193.0 billion |
| 37 | Mississippi | $162.8 billion |
| 38 | New Mexico | $152.1 billion |
| 39 | Idaho | $137.4 billion |
| 40 | New Hampshire | $128.3 billion |
| 41 | Hawaii | $123.2 billion |
| 42 | Delaware | $121.9 billion |
GDP per resident, 2025 (BEA GDP / Census population) (2025)
Idaho ranks 46 of 51, highest first.
| Rank | Region | GDP per resident, 2025 (BEA GDP / Census population) |
|---|---|---|
| 43 | Montana | $70,713 |
| 44 | Kentucky | $68,065 |
| 45 | South Carolina | $67,929 |
| 46 | Idaho | $67,695 |
| 47 | Oklahoma | $66,523 |
| 48 | Alabama | $65,286 |
| 49 | West Virginia | $63,020 |
Real GDP growth, 2025 (2025)
Idaho ranks 6 of 51, highest first.
| Rank | Region | Real GDP growth, 2025 |
|---|---|---|
| 3 | California | 3.5% |
| 4 | South Carolina | 3.3% |
| 5 | Washington | 3.2% |
| 6 | Idaho | 3.1% |
| 7 | Kentucky | 3.0% |
| 8 | Georgia | 2.9% |
| 9 | Texas | 2.8% |
Real GDP growth, 2026:Q2 (annual rate) (2026:Q2)
Idaho ranks 28 of 51, highest first.
| Rank | Region | Real GDP growth, 2026:Q2 (annual rate) |
|---|---|---|
| 25 | New Jersey | 1.7% |
| 26 | Tennessee | 1.7% |
| 27 | Iowa | 1.7% |
| 28 | Idaho | 1.5% |
| 29 | Maine | 1.4% |
| 30 | Indiana | 1.3% |
| 31 | Maryland | 1.3% |
Personal income per person, 2025 (2025)
Idaho ranks 43 of 51, highest first.
| Rank | Region | Personal income per person, 2025 |
|---|---|---|
| 40 | Indiana | $66,455 |
| 41 | Oklahoma | $66,055 |
| 42 | Georgia | $65,111 |
| 43 | Idaho | $64,200 |
| 44 | Louisiana | $64,103 |
| 45 | South Carolina | $63,435 |
| 46 | New Mexico | $62,089 |
Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) (2024)
Idaho ranks 44 of 51, highest first.
| Rank | Region | Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) |
|---|---|---|
| 41 | Michigan | $53,569 |
| 42 | Georgia | $52,952 |
| 43 | Arizona | $52,890 |
| 44 | Idaho | $52,816 |
| 45 | South Carolina | $52,463 |
| 46 | Kentucky | $52,290 |
| 47 | Hawaii | $52,272 |
Median household income, 2024 (ACS) (2024)
Idaho ranks 22 of 51, highest first.
| Rank | Region | Median household income, 2024 (ACS) |
|---|---|---|
| 19 | Illinois | $83,211 |
| 20 | Vermont | $82,730 |
| 21 | Arizona | $81,486 |
| 22 | Idaho | $81,166 |
| 23 | Nevada | $81,134 |
| 24 | Georgia | $79,991 |
| 25 | Texas | $79,721 |
Regional price parity, 2024 (US = 100) (2024)
Idaho ranks 29 of 51, highest first.
| Rank | Region | Regional price parity, 2024 (US = 100) |
|---|---|---|
| 26 | Maine | 97.0 |
| 27 | Georgia | 96.3 |
| 28 | Michigan | 96.2 |
| 29 | Idaho | 95.5 |
| 30 | Montana | 94.6 |
| 31 | North Carolina | 94.3 |
| 32 | Wisconsin | 94.1 |
Unemployment rate, September 2026 (seasonally adjusted) (September 2026)
Idaho ranks 31 of 51, highest first.
| Rank | Region | Unemployment rate, September 2026 (seasonally adjusted) |
|---|---|---|
| 28 | Pennsylvania | 3.6% |
| 29 | Virginia | 3.6% |
| 30 | Missouri | 3.6% |
| 31 | Idaho | 3.6% |
| 32 | Rhode Island | 3.6% |
| 33 | Alabama | 3.5% |
| 34 | Utah | 3.5% |
Unemployment rate, 2025 annual average (2025)
Idaho ranks 34 of 51, highest first.
| Rank | Region | Unemployment rate, 2025 annual average |
|---|---|---|
| 31 | Kansas | 3.8% |
| 32 | Mississippi | 3.8% |
| 33 | Indiana | 3.7% |
| 34 | Idaho | 3.7% |
| 35 | Utah | 3.6% |
| 36 | Tennessee | 3.5% |
| 37 | Iowa | 3.5% |
Labor force participation rate, September 2026 (September 2026)
Idaho ranks 30 of 51, highest first.
| Rank | Region | Labor force participation rate, September 2026 |
|---|---|---|
| 27 | Rhode Island | 62.0% |
| 28 | Oklahoma | 61.9% |
| 29 | California | 61.4% |
| 30 | Idaho | 61.4% |
| 31 | Montana | 61.4% |
| 32 | New York | 61.3% |
| 33 | Hawaii | 61.3% |
Average annual pay, 2025 (QCEW) (2025)
Idaho ranks 46 of 51, highest first.
| Rank | Region | Average annual pay, 2025 (QCEW) |
|---|---|---|
| 43 | Nebraska | $63,063 |
| 44 | Montana | $62,882 |
| 45 | Kentucky | $62,521 |
| 46 | Idaho | $62,392 |
| 47 | Arkansas | $61,152 |
| 48 | Oklahoma | $60,996 |
| 49 | South Dakota | $60,575 |
Median annual wage, all occupations, May 2025 (OEWS) (May 2025)
Idaho ranks 36 of 51, highest first.
| Rank | Region | Median annual wage, all occupations, May 2025 (OEWS) |
|---|---|---|
| 33 | Georgia | $48,170 |
| 34 | Kansas | $48,010 |
| 35 | North Carolina | $47,970 |
| 36 | Idaho | $47,970 |
| 37 | Florida | $47,880 |
| 38 | Indiana | $47,860 |
| 39 | Missouri | $47,800 |
Median household income (2024)
Idaho ranks 23 of 51, highest first. Census Bureau SAIPE model estimates
| Rank | Region | Median household income |
|---|---|---|
| 20 | Vermont | $82,836 |
| 21 | Arizona | $81,404 |
| 22 | Nevada | $81,129 |
| 23 | Idaho | $80,852 |
| 24 | North Dakota | $80,132 |
| 25 | Georgia | $79,912 |
| 26 | Texas | $79,723 |
Median gross rent (monthly) (2024)
Idaho ranks 23 of 51, highest first. Renter-occupied units paying cash rent
| Rank | Region | Median gross rent (monthly) |
|---|---|---|
| 20 | Texas | $1,475 |
| 21 | Alaska | $1,444 |
| 22 | Rhode Island | $1,418 |
| 23 | Idaho | $1,384 |
| 24 | North Carolina | $1,338 |
| 25 | Illinois | $1,322 |
| 26 | Vermont | $1,319 |
Median value of owner-occupied homes (2024)
Idaho ranks 14 of 51, highest first. Owner-reported value
| Rank | Region | Median value of owner-occupied homes |
|---|---|---|
| 11 | Rhode Island | $455,700 |
| 12 | Nevada | $455,500 |
| 13 | New York | $449,800 |
| 14 | Idaho | $446,400 |
| 15 | Maryland | $436,300 |
| 16 | Arizona | $426,000 |
| 17 | Montana | $425,400 |
More on Idaho: overview · health · education and schools · poverty and living standards · government budget · the United States
Sources
- U.S. Census Bureau: Household Income in States and Metropolitan Areas: 2024 (ACSBR-025), Appendix Table 1: median household income and Gini index by state, 2023 and 2024 American Community Survey, read 23 October 2026 · saved copy (SHA-256 5de1b0d5ec46…)
- U.S. Bureau of Economic Analysis: SASUMMARY: State annual summary statistics: personal income, GDP, consumer spending, price indexes, and employment (updated 30 September 2026), read 23 October 2026 · saved copy (SHA-256 a3757d207c05…)
- U.S. Bureau of Economic Analysis: SAGDP: Annual GDP by state, 1997-2025 (table SAGDP2, GDP in current dollars by industry), read 23 October 2026 · saved copy (SHA-256 3d3c5bc7bd24…)
- U.S. Bureau of Economic Analysis: SQGDP: Quarterly GDP by state, 2005-2026 Q2 (table SQGDP11, percent change in real GDP at annual rate), read 23 October 2026 · saved copy (SHA-256 1649260cdceb…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, monthly, seasonally adjusted, read 23 October 2026 · saved copy (SHA-256 7bb6f18d4145…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, annual averages 1976-2025, read 23 October 2026 · saved copy (SHA-256 262aba7d00df…)
- U.S. Bureau of Labor Statistics: Occupational Employment and Wage Statistics, May 2025 state estimates (state_M2025_dl.xlsx), read 23 October 2026 · saved copy (SHA-256 74d5be0e1df8…)
- U.S. Bureau of Labor Statistics: Quarterly Census of Employment and Wages, 2025 annual averages, all industries (open data CSV slice), read 23 October 2026 · saved copy (SHA-256 5a5f89142aae…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median gross rent (B25064), read 23 October 2026 · saved copy (SHA-256 8624f9775add…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median value of owner-occupied homes (B25077), read 23 October 2026 · saved copy (SHA-256 27120d5d8a5f…)
- U.S. Census Bureau: Small Area Income and Poverty Estimates (SAIPE): 2024 poverty and median household income, states and counties, read 23 October 2026 · saved copy (SHA-256 cb52c47d75c1…)
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