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City of Idaho Falls News

Posted on: February 6, 2024

Idaho Falls ranked ‘America’s Best-Performing Small City' for the third time

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IDAHO FALLS – For the third time in four years, the City of Idaho Falls is once again America’s Best-Performing Small City, according to an independent study.

The 2024 Milken Institute Best-Performing Cities Index objectively ranks cities on their economic performance. According to the study, Idaho Falls’ strong job and wage growth pushed the city to the top of the list in 2021 and 2023.  

“It’s a tremendous honor for Idaho Falls to top the Milken list yet again. This prestigious recognition reflects hard work from talented citizens all throughout our city that has allowed Idaho Falls to continue to be a top location for economic opportunity,” said Idaho Falls Mayor Rebecca Casper. “This community has made great strides when it comes to supporting technology and all types of innovation in a cyber-secure environment primarily because we have visionary leaders across all business sectors who look for opportunities to grow, transform and adapt their businesses and services to compete in the 21st century marketplace.”

The annually published index reflects Idaho Falls’ ability to leverage our resources to promote economic growth and provide residents access to essential services and infrastructure needed for success. The index looks closely at job creation, wage growth, and the high-tech sector’s output growth.

Idaho Falls is home to Idaho National Laboratory, a worldwide leader in clean energy research with a highly qualified workforce. Idaho Falls also serves as the regional hub for medical services, which has been crucial in driving job growth in the area.

““We have consciously worked to ensure that Idaho Falls is attractive to employers and their employees. Affordable fiber to the home, leaf pick-up in the fall, forward-thinking planning, flowers to beautify downtown and our parks, a thriving airport, playgrounds, an active arts community, some of the lowest power rates in the region, quick responses to emergencies, first-class medical services, accessible public transit, excellent realtors and strong schools—all of these things and more make our community successful,” Casper said.

The Milken Institute is a nonprofit, nonpartisan think tank focused on accelerating measurable progress on a meaningful life, focusing on financial, physical, mental, and environmental health. The 2024 Milken Institute Best-Performing Cities Index can be found HERE or at https://milkeninstitute.org/report/best-performing-cities-2024-sustainable-growth

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Media Note: For more information or to schedule an interview with city staff, please contact City of Idaho Falls Public Information Officer Eric Grossarth at (208) 612-8562 or egrossarth@idahofalls.gov.

 

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