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Bingham County, Idaho Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Bingham County, Idaho need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Idaho

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 4.87 4.25 2.62 4.65 0.00 3.80
  Total Electric Industry 4.87 4.25 2.62 4.65 0.00 3.80
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 4.88 4.24 2.62 4.83 0.00 3.84
  Total Electric Industry 4.88 4.24 2.62 4.83 0.00 3.84
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 4.93 4.30 2.72 4.43 0.00 3.87
  Total Electric Industry 4.93 4.30 2.72 4.43 0.00 3.87
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 4.99 4.42 2.81 4.99 0.00 4.00
  Total Electric Industry 4.99 4.42 2.81 4.99 0.00 4.00
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 5.09 4.37 2.82 4.64 0.00 4.00
  Total Electric Industry 5.09 4.37 2.82 4.64 0.00 4.00
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 5.33 4.48 2.81 5.13 0.00 4.09
  Total Electric Industry 5.33 4.48 2.81 5.13 0.00 4.09
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 5.28 4.26 2.68 4.79 0.00 3.96
  Total Electric Industry 5.28 4.26 2.68 4.79 0.00 3.96
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 5.15 4.17 2.60 4.68 0.00 3.87
  Total Electric Industry 5.15 4.17 2.60 4.68 0.00 3.87
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 5.28 4.34 2.77 4.59 0.00 4.02
  Total Electric Industry 5.28 4.34 2.77 4.59 0.00 4.02
1999              
  Energy-Only Providers 0.00 0.00 1.55 0.00 0.00 1.55
  Full-Service Providers 5.26 4.20 2.74 4.47 0.00 3.98
  Total Electric Industry 5.26 4.20 2.63 4.47 0.00 3.89
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 5.39 4.24 3.11 4.13 0.00 4.17
  Total Electric Industry 5.39 4.24 3.11 4.13 0.00 4.17
2001              
  Full-Service Providers 6.01 5.13 3.71 4.66 0.00 4.92
  Total Electric Industry 6.01 5.13 3.71 4.66 0.00 4.92
2002              
  Full-Service Providers 6.59 5.71 4.34 5.18 0.00 5.58
  Total Electric Industry 6.59 5.71 4.34 5.18 0.00 5.58
2003              
  Full-Service Providers 6.24 5.56 4.16 0.00 0.00 5.22
  Total Electric Industry 6.24 5.56 4.16 0.00 0.00 5.22
2004              
  Delivery-Only Service 0.00 0.00 0.01 0.00 0.00 0.01
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.10 5.37 3.84 0.00 0.00 4.98
  Total Electric Industry 6.10 5.37 3.82 0.00 0.00 4.97
2005              
  Full-Service Providers 6.29 5.42 3.91 0.00 0.00 5.12
  Total Electric Industry 6.29 5.42 3.91 0.00 0.00 5.12
2006              
  Full-Service Providers 6.21 5.16 3.61 0.00 0.00 4.92
  Total Electric Industry 6.21 5.16 3.61 0.00 0.00 4.92

(updated 2006)



Time Leaving to Work in Bingham County, Idaho

12:00 A.M. TO 4:59 A.M.   : 511   (3.1%)
5:00 A.M. TO 5:29 A.M.   : 397   (2.4%)
5:30 A.M. TO 5:59 A.M.   : 689   (4.1%)
6:00 A.M. TO 6:29 A.M.   : 1,378   (8.3%)
6:30 A.M. TO 6:59 A.M.   : 1,752   (10.5%)
7:00 A.M. TO 7:29 A.M.   : 2,366   (14.2%)
7:30 A.M. TO 7:59 A.M.   : 3,624   (21.7%)
8:00 A.M. TO 8:29 A.M.   : 1,530   (9.2%)
8:30 A.M. TO 8:59 A.M.   : 703   (4.2%)
9:00 A.M. TO 9:59 A.M.   : 748   (4.5%)
10:00 A.M. TO 10:59 A.M.   : 396   (2.4%)
11:00 A.M. TO 11:59 A.M.   : 206   (1.2%)
12:00 P.M. TO 3:59 P.M.   : 1,019   (6.1%)
4:00 P.M. TO 11:59 P.M.   : 1,380   (8.3%)


(updated 2010)



Household Size By Vehicles Available
(Bingham County, Idaho)

1-person household:

No vehicle available : 462

1 vehicle available : 1,404

2 vehicles available : 791

3 vehicles available : 178

4 or more vehicles available : 74

2-person household:

No vehicle available : 122

1 vehicle available : 527

2 vehicles available : 2,445

3 vehicles available : 1,496

4 or more vehicles available : 470

3-person household:

No vehicle available : 32

1 vehicle available : 292

2 vehicles available : 700

3 vehicles available : 740

4 or more vehicles available : 240

4-or-more-person household:

No vehicle available : 93

1 vehicle available : 584

2 vehicles available : 1,858

3 vehicles available : 1,325

4 or more vehicles available : 1,172


(updated 2013)



Household Size By Number Of Workers In Household
(Bingham County, Idaho)

1-person household:

No workers : 1,869

1 worker : 1,040

2-person household:

No workers : 1,691

1 worker : 1,595

2 workers : 1,774

3-person household:

No workers : 345

1 worker : 646

2 workers : 791

3 workers : 222

4-or-more-person household:

No workers : 122

1 worker : 1,895

2 workers : 2,144

3 or more workers : 871


(updated 2013)



Travel Time To Work
(Bingham County, Idaho)

Less than 5 minutes : 1,044

5 to 9 minutes : 3,458

10 to 14 minutes : 3,748

15 to 19 minutes : 2,308

20 to 24 minutes : 1,751

25 to 29 minutes : 505

30 to 34 minutes : 2,151

35 to 39 minutes : 140

40 to 44 minutes : 353

45 to 59 minutes : 992

60 to 89 minutes : 847

90 or more minutes : 425


(updated 2013)



Occupations in Bingham County, Idaho

Male:


  • Management, Professional, And Related Occupations: 2,761  (27.7%)
  • Service Occupations: 1,090  (10.9%)
  • Sales And Office Occupations: 1,255  (12.6%)
  • Farming, Fishing, And Forestry Occupations 537  (5.4%)
  • Construction, Extraction, And Maintenance Occupations: 2,002  (20.1%)

Female:


  • Management, Professional, And Related Occupations: 2,360  (29.9%)
  • Service Occupations: 1,683  (21.3%)
  • Sales And Office Occupations: 2,548  (32.3%)
  • Farming, Fishing, And Forestry Occupations 293  (3.7%)
  • Construction, Extraction, And Maintenance Occupations: 58  (0.7%)


(updated 2010)





Employment Rate In Bingham County, Idaho

Employed: 20,037
Unemployed: 721



Minority Owned Firms of 100 or More in
Bingham County, Idaho

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 0.0%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 3.9%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 24.0%
  • Other: 72.1%



Water Usage In Bingham County, Idaho

Ground Water

 
Fresh 466.30 Mgal/d
Saline 0.00 Mgal/d

Total 466.30 Mgal/d
 

Surface Water

 
Fresh 911.60 Mgal/d
Saline 0.00 Mgal/d

Total 911.60 Mgal/d





There are 1,397 Farms In Bingham County, Idaho


(updated 2008)



Banks In Bingham County, Idaho

Wells Fargo Bank, National Association - 2 Branches


    Bank Assets: $2.8b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

U.s. Bank National Association - 2 Branches


    Bank Assets: $768.3m
    Industry Specialization: Commercial Lending
    Total Offices: 3,238

The Bank Of Commerce - 2 Branches


    Bank Assets: $1.9m
    Industry Specialization: Agricultural
    Total Offices: 20

Zions First National Bank - 1 Branches


    Bank Assets: $17.5m
    Industry Specialization: Commercial Lending
    Total Offices: 141

Washington Federal, National Association - 1 Branches


    Bank Assets: $14.7m
    Industry Specialization: Mortgage Lending
    Total Offices: 253

Ireland Bank - 1 Branches


    Bank Assets: $216.4k
    Industry Specialization: Agricultural
    Total Offices: 13

Keybank National Association - 1 Branches


    Bank Assets: $89m
    Industry Specialization: Commercial Lending
    Total Offices: 1,026

(updated 2014)







Airports Near Bingham County, Idaho

  • McCarley Field


    (about 2.4 miles in Springfield, Idaho; Airport Code: XWL)

  • Pocatello Regional


    (about 21.8 miles in Chubbuck, Idaho; Airport Code: PIH)

  • Idaho Falls Regional


    (about 27.4 miles in Idaho Falls, Idaho; Airport Code: IDA)

  • Fanning Field


    (about 27.7 miles in Idaho Falls, Idaho; Airport Code: IDA)

  • Aberdeen Municipal


    (about 31.7 miles in Am Falls, Idaho; Airport Code: U36)

  • American Falls Airport


    (about 35.3 miles in Am Falls, Idaho; Airport Code: JZO)

  • Rigby Airport


    (about 38.7 miles in Rigby, Idaho; Airport Code: WQF)

  • Rigby-Jefferson County


    (about 38.8 miles in Rigby, Idaho; Airport Code: WQF)

  • Big Southern Butte


    (about 39.0 miles in Atomic City, Idaho; Airport Code: RQB)

  • Rexburg-Madison County


    (about 53.2 miles in Rexburg, Idaho; Airport Code: FVS)

  • Allen H Tigert


    (about 54.4 miles in Conda, Idaho; Airport Code: DQD)

  • Stanford Field


    (about 62.9 miles in Parker, Idaho; Airport Code: UXF)

  • Malad City Airport


    (about 69.9 miles in Malad City, Idaho; Airport Code: MLD)

  • Teton Peaks


    (about 74.0 miles in Alta, Wyoming; Airport Code: XWW)

  • Driggs-Reed Memorial


    (about 74.4 miles in Alta, Wyoming; Airport Code: ID1)

  • Afton Municipal


    (about 79.1 miles in Afton, Wyoming; Airport Code: AFO)

  • Montpelier Airport


    (about 79.8 miles in Montpelier, Idaho; Airport Code: ID2)

  • Burley Municipal


    (about 84.0 miles in Heyburn, Idaho; Airport Code: BYI)

  • Jackson Hole


    (about 86.8 miles in Teton Village, Wyoming; Airport Code: JAC)

  • Logan Cache


    (about 99.6 miles in Hyde Park, Utah; Airport Code: LGU)


(updated 2015)



Modes of Transportation in Bingham County, Idaho

Car, Truck, Or Van:

 

Drove Alone

73.92%

Carpooled

14.12%

Public Transportation:

 

Bus Or Trolley Bus

3.01%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.10%

Motorcycle

0.0%

Bicycle

0.02%

Walked

2.98%

Other Means

0.28%

Worked At Home

5.58%



(updated 2010)





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