Idaho Is Third Fastest Growing State In U.S.

A recent survey says Idaho is Third Fastest Growing State In U.S.

Idaho’s population grew by 1.8% between mid-2015 and mid-2016.

Idaho’s population increased to 1,683,140 as of July 1, 2016, after attracting 30,300 new residents in the prior 12 months.

The Idaho Department of Labor stated the population increase to in-migration from other states and a high birth rate.

19,000 of the 30,300 new residents moved to Idaho from other states.

Contrary to popular belief, not all 19,000 of our new residents were from California!  🙄 

We Idahoans, for whatever reason, have the 7th highest birth rate in the nation.

Utah was ranked as the fastest-growing state in the nation, followed by:

  • Nevada
  • Idaho
  • Florida
  • Washington
  • Oregon
  • Colorado
  • Arizona
  • Washington D.C.
  • Texas

States losing population during the same period included:

  • Mississippi
  • Wyoming
  • Vermont
  • New York
  • Pennsylvania
  • Connecticut
  • West Virginia
  • Illinois

Source: Idaho Department of Labor

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Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 44 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S.

Phil is one of only six local Realtors® (of nearly 5,500) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.

 

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Idaho Unemployment Rate Remains Low

More good news about the Idaho unemployment rate!

November’s Idaho unemployment rate remained at 3.8% in Idaho; the same as the past five consecutive months.

The national unemployment rate for November dropped three-tenths of a percent to 4.6%.

Idaho’s year-over-year total nonfarm job growth for November came in with a net gain of 2.4%.

The Idaho Falls MSA (Metropolitan Statistical Area) reported the lowest unemployment rate of all Idaho MSA’s at 3.2%.

The Coeur d’Alene MSA reported the highest unemployment rate among all Idaho MSA’s at 4.6%.

Source: Idaho Department of Labor

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 44 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S.

Phil is one of only six local Realtors® (of nearly 5,500) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.

 

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Another Pesky Idaho Budget Surplus

I’ve always been puzzled by Idaho’s inability to spend all of the tax money it collects.

Unlike other nearby states, we have another Idaho budget surplus!

This time, it’s $139 MILLION dollars!

And, it’s $92 MILLION more than our lawmakers originally estimated during this year’s legislative session.

You’d think our legislators would have learned something when this happened before in 2012!

It’s refreshing (and novel!) to live in Idaho, where we have a constitution that requires the state to balance its budget each year!

What a concept!

 

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Boise Area Irrigation Canals

The numerous irrigation canals throughout the Treasure Valley were originally constructed to bring irrigation water to the prairie areas to encourage settlement and farming.

Those farms have now been transformed into subdivisions that enjoy the abundant irrigation water for their landscaping.

It’s that time of year again when irrigation water begins to flow into the irrigation canals.

It’s nice to have an abundance of irrigation water for our lawns and crops, but those canals are dangerous with their slippery walls and swiftly moving water.

If someone falls in, it’s extremely difficult to get out.

We lose several people each year when they swim in irrigation canals or fall into them.

It’s best to avoid any type of activities near irrigation canals.

Educate your children and make sure they understand the dangers of playing near an irrigation canal.

It’s also a good idea to keep your dogs away from canals!

 

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Idaho Population Trends

There’s an interesting article on KTVB.com this morning about Idaho’s population.

It’s all about who’s coming to Idaho, who’s leaving, where they’re going, and why.

In 2013, the top five sources of in-migration were California, Washington, Oregon, Utah, and Arizona.

That doesn’t surprise me because it mirrors what I see all the time in the Boise real estate market.

The article also says that most Idaho residents who left moved to other western states.

That also correlates to my own real estate experiences.

It’s interesting to note that, for unknown reasons, there was a dip in the in-migration numbers for 2012.

I also found it interesting that we’re losing people in their 20s and gaining people in their 60s.

That reminds me of my 20s when I left Indiana for California (pretty girls and better jobs, in that order). 🙂

And, after doing my time (in a manner of speaking) in California, I too ended up in Idaho.

I’m here to stay.

This is my last best place.

Sources: KTVB.com and Idaho Transportation Department

 

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