Boise on List of America’s Fastest Growing Cities in 2018
Boise, Idaho in the News
According to a March 2, 2018 Idaho Statesman article Boise is one of the fastest-growing cities in the country. Quoting Forbes, the capital city exceeded 2017 expansion projections “by nearly every metric that matters.” Moody’s Analytics indicates that Boise’s growth spurt is likely to continue.
Boise has “the pieces in place. It’s got the location, it’s got low cost, a healthy tech presence,” Moody’s senior economist Adam Kamins told Forbes.
The Idaho Statesman goes on to say “Locals who dig their heels in against the explosive growth may take some comfort in Forbes 2018 projections”. The rate of growth should taper off, experts say. Most notably, Boise’s climbing home prices are projected to slow considerably (from fourth-highest in the country to a projected spot of 23rd).
In 2018, the city’s population will grow an estimated 2.34 percent, Forbes predicts, and jobs will grow about 2.61 percent. Local economic growth is expected to hold steady at eighth in the nation, or 5.12 percent. Wages should climb 5.7 percent, the fifth-fastest projected increase in the nation.
Read more from Forbes . . .
Full List: America’s Fastest-Growing Cities 2018
Forbes Article – America’s Fastest Growing Cities 2018 – Boise, Idaho
Filed under: Boise Idaho News
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