
While our real estate agents have always known that Boise is a fantastic spot to call home, tech companies are increasingly turning to Boise to set up their operations. The influx of tech companies to Boise began more than a decade ago and has only increased in recent years. Here are just a few of the reasons that tech companies are flocking to Boise.
- Boise Has Business-Friendly Policies
The policies in Boise make it an affordable place for businesses to operate or set up a new company. There are multiple business-friendly laws that help companies lower their expenses. The corporate tax rate is lower than most cities, and Boise has one of the lowest energy costs in the nation. Access to cheap energy is a huge perk for companies that depend on energy-intensive technology. Many Idaho businesses also qualify for property tax exemptions.
- Boise Offers a Low Cost of Living
Boise living expenses are a relief for individuals who are used to dealing with a much higher cost of living in other popular tech towns. Even though home values have increased in recent years, property in Boise is affordable when compared to prices in other large cities. When you're shopping for Boise homes for sale, you'll notice that property taxes for potential homes are also affordable and won't erode the money that you save by purchasing a home in a city with a lower cost of living. This makes Boise an attractive city for tech workers who are tired of exorbitant housing costs and high taxes. Utility bills, construction costs, and operating expenses are also cheaper for Boise businesses than the costs in other comparable towns.
- Boise is Centrally Located to Multiple Tech Hubs
Boise is located in close proximity to other cities popular with businesses. Seattle, Los Angeles, Portland, Denver, and Phoenix are only a short plane ride away. A central location allows tech companies to take advantage of Boise's low costs without sacrificing a quick connection to hubs and supplies in other cities.
- Boise Has an Educated Population
Practically all of Boise's students graduate high school, and almost half of Boise's residents have a bachelor's degree. Boise State University is Idaho's second-largest university with more than 20,000 students. This means that Boise has a large pool of educated workers for tech companies to hire.
- Boise is a Fantastic Place to Live
There's a lifestyle and culture in Boise that other cities want to replicate. Boise boasts extensive natural beauty, including wide, clear blue skies, peaceful forests, and picturesque lakes. The streets are walkable, and the city offers a high quality of life. With over 100 parks, a bustling downtown area, lots of playgrounds, and museums, Boise offers a small-town atmosphere with big-city amenities. Companies and potential employees find Boise an attractive place to live and are often more than happy to relocate.
There's so much to love about living and working in the Boise area. Ready to start looking for your Boise home? Contact us to begin your search!