Idaho Falls real estate market: population and job growth.
Idaho Falls added people and lost jobs in the same year. The Idaho Falls MSA reached about 174,000 residents in July 2025, up 1.4% over the year, while employment fell 1.8%.
Idaho Falls, ID
Idaho Falls MSA
Source: Idaho Department of Labor, March 2026; BLS metro employment, Sept 2026.
How Idaho Falls reads on our screens.
Employment fell by roughly 1,500 jobs over the year to July 2026, a gap we flag rather than smooth over. In a metro this size, a change of that scale is significant.
On the other side of the ledger, Idaho National Laboratory was selected in July 2026 to lead a multistate nuclear energy tech hub, backed by a $31 million federal grant plus $9 million in matching funds. Whether that turns into hiring is the question worth watching.
What we would check next.
- Whether the job decline reverses as the tech hub gets underway.
- Whether rent and absorption assumptions depend on employment growth that is not currently showing up.
- How dependent local demand is on a small number of large employers.
Related Field Notes:
See how the full process works in How We Underwrite, or compare Idaho Falls with the other metros on our Market Data page.
Idaho Falls, in plain numbers.
Is Idaho Falls growing?
Its population is. The Idaho Falls MSA grew 1.4% year over year to about 174,000 residents as of July 2025.
Is Idaho Falls losing jobs?
Yes. Employment fell 1.8% year over year, roughly 1,500 jobs over the year to July 2026.
What is the Idaho National Laboratory tech hub?
In July 2026, Idaho National Laboratory was selected to lead a multistate nuclear energy tech hub backed by a $31 million federal grant plus $9 million in matching funds.
Looking at a deal in Idaho Falls, or anywhere else?
Our Advisory practice runs this same market screen and underwriting review on your market or deal, starting with a Market Screening Engagement. If you would rather learn the framework yourself, see Dissonant University.
Figures reflect the most recent vintage available from each source as of September 2026 and will drift as new releases come out. This page is a reference, not investment advice, and nothing here is an offer to sell or a solicitation to buy any security.