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~ Idaho Falls has once again proven its economic strength and resilience, ranking as the No. 2 Best-Performing Small City in the nation in the 2026 Milken Institute Best-Performing Cities Report. This annual report objectively measures economic performance and ranks cities based on 13 metrics across labor market conditions, high-tech impact, and access to economic opportunities.
For the past six years, Idaho Falls has consistently ranked among the top five Best-Performing Small Cities, showcasing its sustained momentum in these areas. Mayor Lisa Burtenshaw expressed her pride in the community's efforts to create an environment where opportunity and innovation can thrive. She stated, "Idaho Falls continues to be a city where people and businesses succeed. It truly is a great place to live, raise a family and grow a business."
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The Milken Institute report highlights Idaho Falls' impressive performance in job growth and wages. The city ranks third nationally in five-year job growth and eighth in five-year wage growth, with wages increasing by 7.3% in 2024 - well above the small-city average. Additionally, Idaho Falls excels in housing affordability and broadband connectivity, ranking in the top quartile for access to affordable housing and 13th for broadband access.
The report also recognizes Idaho Falls' equitable growth, with high rankings for income equality and community resilience. This further solidifies the city's reputation as a place where all residents have access to economic opportunities.
The full 2026 Milken Institute Best-Performing Cities Report is available on their website for those interested in learning more about the factors that contribute to Idaho Falls' success. As this small city continues to thrive economically, it serves as an example of what can be achieved through hard work, dedication, and a supportive community.
For the past six years, Idaho Falls has consistently ranked among the top five Best-Performing Small Cities, showcasing its sustained momentum in these areas. Mayor Lisa Burtenshaw expressed her pride in the community's efforts to create an environment where opportunity and innovation can thrive. She stated, "Idaho Falls continues to be a city where people and businesses succeed. It truly is a great place to live, raise a family and grow a business."
More on idastar.com
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The Milken Institute report highlights Idaho Falls' impressive performance in job growth and wages. The city ranks third nationally in five-year job growth and eighth in five-year wage growth, with wages increasing by 7.3% in 2024 - well above the small-city average. Additionally, Idaho Falls excels in housing affordability and broadband connectivity, ranking in the top quartile for access to affordable housing and 13th for broadband access.
The report also recognizes Idaho Falls' equitable growth, with high rankings for income equality and community resilience. This further solidifies the city's reputation as a place where all residents have access to economic opportunities.
The full 2026 Milken Institute Best-Performing Cities Report is available on their website for those interested in learning more about the factors that contribute to Idaho Falls' success. As this small city continues to thrive economically, it serves as an example of what can be achieved through hard work, dedication, and a supportive community.
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