A monthly update of how Idaho's economy is doing in your area February 2017
Idaho Income Trends Show Post-Recession Rise
Idaho’s population has grown since the last recession, rising to 1.65 million people in 2015, a 5.3 percent increase since 2010, according to the U.S. Census Bureau. The number of households increased by 3.6 percent from 2010 to close to 590,000 in 2015 according to American Community Survey one-year estimates. Much of the growth has been concentrated in southwestern Idaho due to the expanding Boise metropolitan area. How has income fared in the same time period?
Only a few weeks into 2017 and it is already looking like big change for eastern Idaho. As 2016 came to a close a hefty number of building plans were solidified and in 2017 they will come to life. As the construction industry and housing markets are still recovering from the 2008 recession, eastern Idaho is seeing an unfamiliar jump in infrastructure expected in the next few years.
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