The best city to raise a family
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Home to over 220,000 people, Boise is the most populous city in the state of Idaho. It is the state capital and Idaho’s center of political and economic activity. Famous for its highly-ranked schools, considerably low taxes, open job-market, and high living standards, Boise has been making good socio-political progress in recent times. In terms of real estate, the city is becoming an increasingly popular destination for investors from all over the US and beyond.
Culture, History, and Business
Boise was originally just a forested region along the Boise River. The area gradually turned into a commercial center upon the discovery of gold mines in 1862, resulting in the influx of thousands of people looking for employment from across the US and the world. Consequently, the US army took control of the area and established ‘Fort Boise’ in December 1864. Soon after, it was made the capital of the state.
Boise is a hub of many types of performing arts, including music and theater. It has its fair share of festivals and events, such as the Basque Festival, which makes the city a very lively place. Due to the area’s accessibility to mountains, lakes, and parks, it is considered a place for those who love the outdoors. Hiking, trekking, and biking in the foothills are some trendy activities among the residents of this city. Boise is not devoid of cultural and historical landmarks. The popular tourist attractions here include the State Capitol, Boise River Greenbelt, and Idaho Anne Frank Human Rights Memorial.
Boise is home to many companies that have established their headquarters in the city. Some of the large corporations present here include Idaho Pacific Lumber Company, WinCo Foods, and Clearwater Analytics. Technology, advanced manufacturing, farming, tourism, and mining are the main industries that drive the state economy. The city is renowned for its high rate of employment, with a vast majority of the population having secure jobs in its flourishing industrial sector. On top of that, it is considered one of the best cities to raise a family in the entire US.
Real Estate Appeal
The real estate market of Boise has a unique appeal for real estate investors from across the world. The city boasts a robust market for rental income, given the relatively low wages here compared to other industrial areas. The quality of life, living standards, employment opportunities, low taxes, and ample educational opportunities are attracting people from across the US and even Canada to this state capital. The demand for housing and commercial properties is steadily rising.
The overall economic growth and industrialization of the city during the last couple of years make Boise a promising and safe real estate market. With a 10% appreciation rate in the past few years, it promises good returns in today’s highly competitive real estate business.
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