Idaho

From Wikinvestor

Idaho is a state in the Pacific Northwest region of the United States of America. The state's largest city and capital is Boise. Residents are called "Idahoans." Idaho was admitted to the Union on 3 July 1890 as the 43rd state.

According to the United States Census Bureau, in 2008 the population for Idaho was estimated to be 1,523,816. The state's postal abbreviation is ID. Idaho's nickname is the Gem State because it is one of only two places in the world where star garnets can be found (the other is the Himalaya Mountains, in India), and is the only place six pointed star garnets have been found. The state motto is Esto Perpetua (Latin for "Let it be forever").

Geography

Idaho borders six states and one Canadian province. The states of Washington and Oregon are to the west, Nevada and Utah are to the south, and Montana and Wyoming are to the east. Idaho also shares a short border (48 miles (77 km)) with the Canadian province of British Columbia to the north. The landscape is rugged with some of the largest unspoiled natural areas in the United States. It is a Rocky Mountain state with abundant natural resources and scenic areas. The state has snow-capped mountain ranges, rapids, vast lakes and steep canyons. The waters of Snake River rush through Hells Canyon, the deepest canyon in the United States. Shoshone Falls plunges down rugged cliffs from a height greater than that of Niagara Falls. The major rivers in Idaho are the Snake River, the Clark Fork/Pend Oreille River, the Clearwater River and the Salmon River. Other significant rivers include the Coeur d'Alene/Spokane River, the Boise River and the Payette River. The Port of Lewiston, at the confluence of the Clearwater and the Snake Rivers is the farthest inland seaport in the Pacific Northwest.

Idaho's highest point is Borah Peak, 12,662 ft (3,859 m), in the Lost River Range north of Mackay. Idaho's lowest point, 745 ft (227 m), is in Lewiston, where the Clearwater River joins the Snake River and continues into Washington. The Sawtooth Range is often considered Idaho's most famous mountain range.

Southern Idaho, including the Boise metropolitan area, Idaho Falls, Pocatello, and Twin Falls are in the Mountain Time Zone. (A legislative oddity (15 U.S.C. ch.6 § 264) theoretically places this region in the Pacific Time Zone, but this error is not widely known and is universally ignored.) Areas north of the Salmon River, including Coeur d'Alene, Moscow, Lewiston, and Sandpoint are in the Pacific Time Zone and revolve commercially and culturally around Spokane, Washington.

Climate

Idaho has much variation in its climate. Although the state's western border is located about 350 miles (560 km) from the Pacific Ocean, the maritime influence is still felt in Idaho, especially in the winter when cloud cover, humidity, and precipitation are at their highest points. This influence has a moderating effect in the winter where temperatures are not as low as would otherwise be expected for a northern state with a mostly elevated altitude. The maritime influence is lowest in the southeastern part of the state where the precipitation patterns are often reversed, with wetter summers and drier winters, and seasonal temperature differences more extreme, showing a more continental climate.

Climate in Idaho can be hot, although extended periods over 100 °F (38 °C) for the maximum temperature are rare. Hot summer days are tempered by the low relative humidity and cooler evenings during summer months since, for most of the state, the highest diurnal difference in temperature is often in the summer. Winters can be cold, although extended periods of bitter cold weather below zero are unusual.

Demographics

As of 2005, Idaho has an estimated population of 1,429,096, which is an increase of 33,956, or 2.4%, from the prior year and an increase of 135,140, or 10.4%, since the year 2000. This includes a natural increase since the last census of 58,884 people (that is 111,131 births minus 52,247 deaths) and an increase due to net migration of 75,795 people into the state. Immigration from outside the United States resulted in a net increase of 14,522 people, and migration within the country produced a net increase of 61,273 people.

This made Idaho the sixth fastest-growing state after Arizona, Nevada, Florida, Georgia, and Utah. From 2004 to 2005, Idaho grew the third-fastest, surpassed only by Nevada and Arizona.

Nampa, the state's second largest city, has experienced particularly strong growth in recent years. According to census estimates Nampa has grown 22.1% to nearly 65,000 residents between 2000 and 2003. As of 2007, the population in Nampa was estimated at 84,000. Growth of 5% or more over the same period has also been observed in Caldwell, Coeur d'Alene, Meridian, Post Falls and Twin Falls.

Since 1990, Idaho's population has increased by 386,000 (38%).

The Boise Metropolitan Area (officially known as the Boise City-Nampa, ID Metropolitan Statistical Area) is Idaho's largest metropolitan area. Other metropolitan areas in order of size are Coeur d'Alene, Idaho Falls, Pocatello and Lewiston.

As of 2006, six official micropolitan statistical areas are based in Idaho. Twin Falls is the largest of these.

The center of population of Idaho is located in Custer County, in the town of Stanley.

Economy

Gross state product for 2004 was US$43.6 billion. The per capita income for 2004 was US$26,881. Idaho is an important agricultural state, producing nearly one third of the potatoes grown in the United States.

Important industries in Idaho are food processing, lumber and wood products, machinery, chemical products, paper products, electronics manufacturing, silver and other mining, and tourism. The world's largest factory for barrel cheese, the raw product for processed cheese is located in Gooding, Idaho. It has a capacity of 120,000 metric tons per year of barrel cheese and belongs to the Glanbia group. The Idaho National Laboratory (INL), a government lab for nuclear energy research, is also an important part of the eastern Idaho economy. Idaho also is home to three facilities of Anheuser-Busch which provide a large part of the malt for breweries located across the nation.

Today, the largest industry in Idaho is the science and technology sector. It accounts for over 25% of the State's total revenue and 70%+ of the State's exports (in dollars). Idaho's industrial economy is growing, with high-tech products leading the way. Since the late 1970s, Boise has emerged as a center for semiconductor manufacturing. Boise is the home of Micron Technology Inc., the only U.S. manufacturer of dynamic random access memory (DRAM) chips. Hewlett-Packard has operated a large plant in Boise since the 1970s, which is devoted primarily to LaserJet printers production. Dell, Inc. operates a major customer support call center in Twin Falls. AMI Semiconductor, whose worldwide headquarter locates in Pocatello, is a widely recognized innovator in state-of-the-art integrated mixed-signal semiconductor products, mixed-signal foundry services, and structured digital products. Coldwater Creek, a women's clothing retailer, is headquartered in Sandpoint.

The state personal income tax ranges from 1.6% to 7.8% in eight income brackets. Idahoans may apply for state tax credits for taxes paid to other states, as well as for donations to Idaho state educational entities and some nonprofit youth and rehabilitation facilities.

The state sales tax is 6%. Sales tax applies to the sale, rental or lease of tangible personal property and some services. Food is taxed, but prescription drugs are not. Hotel, motel, and campground accommodations are taxed at a higher rate (7% to 11%). Some jurisdictions impose local option sales tax.

Idaho has a state gambling lottery which contributed $333.5 million in payments to all Idaho public schools and Idaho higher education from 1990 - 2006.