When it comes to moving a family, business incentives aren’t always sufficient to motivate people to pack their belongings and relocate.
city’s cultural and recreational offerings typically play a major role in attracting new residents. Living in Boise promises both outdoor adventure and city perks: residents can catch a fish in the morning, hike a trail in the afternoon, and attend the ballet in the evening.
Boise also boasts a diverse arts and cultural community. Some of the major events, festivals, and cultural venues in Boise include Ballet Idaho, Broadway in Boise, Boise Philharmonic, Idaho Shakespeare Festival, Trey McIntyre Project (International Dance Company), Boise Art Museum, and Opera Idaho. Boise’s Bogus Basin Mountain ski resort is located 17 minutes from downtown and offers daytime and lighted night skiing. In addition, food and drink locations throughout the Boise Valley are top-notch.
As newcomers move to Boise, existing art and cultural offerings will expand and improve for current residents as well. Growth in Boise brings greater opportunity and variety to the city, and improves both local and state economies.
In April, the CoreLogic® Home Price Index (HPI) for Idaho, which measures home price appreciation, experienced a year-over-year increase of 4.6%. Nationally, the HPI increased 6.8% during the same period.
Idaho’s unemployment rate remained flat at 3.8% in April, while the national unemployment rate decreased 0.1 point to 5.4% in April.
The U.S. Consumer Price Index increased 0.2% from March to April. Year over year, the index decreased 0.2%, which is below the Federal Reserve’s target annual inflation pace of 2%.
The U.S. Consumer Confidence Index® increased 1.1 points to 95.4 in May. The Present Situation Index increased 3.0 points to 108.1, while the Expectations Index decreased 0.2 points to 86.9.