No. 4: Boise, Idaho
How do folks get any work done around here? The skiing, snowboarding, fishing, biking and kayaking in and around Boise are an almost irresistible temptation to desert your desk.
ROCKY MOUNTAIN HIGH TECH
Population: 568,086
Population Growth Since 2000: 18.2%
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Percentage of Workforce in Creative Class: 33.2%
Cost-of-Living Index: 95.5 (100 being national average)
Median Household Income: $49,833
Income Growth Since 2000: 16.6%
Take Our Walking Tour Through Boise
Those in search of classy entertainment may be surprised. Says Susan Thayer, who relocated four years ago from Albany, Ore., to run sales for Episciences, which makes Epionce skin products: "The city has evolved into a magnet for the arts." She and her spouse, Terry, frequent the theater, as well as Boise's own symphony, opera and dance companies.
When they're not casting a line or taking in a show, a growing number of Boisians work for local high-tech businesses, the fruits of which make up the state's biggest exports. Micron Technology and Hewlett-Packard are the Boise Valley's two largest employers. But the area also cradles smaller technology and e-commerce firms, which come to make the most of low business costs -- about a third less than in California or Washington.
Employers know they'll find a high proportion of college graduates here (37%, compared with the national average of 27%) and that new hires will find plenty of affordable housing. Explore Boise's eclectic mix of old and new neighborhoods and you'll find homes with a median price of $235,000. The average work commute is 18 minutes.
For those in search of a small-but-happening feel, the burgeoning suburb of Eagle is the place to go. Lloyd Mahaffey, previously an executive at Honeywell, Apple Computer and Verifone, moved to the former farming town in 2004, hoping to find a laid-back place where his kids could hunt and play tennis while he dabbled in winemaking and developed real estate.
Eagle's soil tests perfectly for the cultivation of red-wine grapes. Now Mahaffey is developing ten homes reminiscent of Italian villas, each with its own 4-acre vineyard. After visiting him in Eagle, several friends are planning to relocate to the area. Be advised: "When you first arrive, you have to downshift and adjust to a more relaxed pace," says Mahaffey.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Stock Market Today: Stocks Rally Despite Rising Geopolitical Tension
The main indexes were mixed on Tuesday but closed well off their lows after an early flight to safety.
By David Dittman Published
-
What's at Stake for Alphabet as DOJ Eyes Google's Chrome
Alphabet is higher Tuesday even as antitrust officials at the DOJ support forcing Google to sell its popular web browser. Here's what you need to know.
By Joey Solitro Published
-
How to Find Foreclosed Homes: Best Foreclosure Listings Sites
Making Your Money Last Find foreclosed homes for sale on these foreclosure listing websites. Search for properties on these free, paid or government sites.
By Bob Niedt Last updated
-
Luxury Home Prices Rise as the Rich Dodge High Mortgage Rates
Luxury home prices rose 9% to the highest third-quarter level on record, Redfin reports, growing nearly three times faster than non-luxury prices.
By Kathryn Pomroy Published
-
Four Tips for Renting Out Your Home on Airbnb
real estate Here's what you should know before listing your home on Airbnb.
By Miriam Cross Published
-
Five Ways to Shop for a Low Mortgage Rate
Becoming a Homeowner Mortgage rates are high this year, but you can still find an affordable loan with these tips.
By Daniel Bortz Last updated
-
Is Relief from Shipping Woes Finally in Sight?
business After years of supply chain snags, freight shipping is finally returning to something more like normal.
By David Payne Published
-
Looking to Relocate? Plan for Climate Change
buying a home Extreme weather events are on the rise. If you’re moving, make sure your new home is protected from climate change disasters.
By Rivan V. Stinson Published
-
Retirees, A Healthy Condo Has a Flush Reserve Fund
Smart Buying Reserve funds for a third of homeowner and condo associations have insufficient cash, experts say. Here are some cautionary steps you should take.
By Patricia Mertz Esswein Published
-
Economic Pain at a Food Pantry
personal finance The manager of this Boston-area nonprofit has had to scramble to find affordable food.
By Emma Patch Published