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Business Climate

The Spokane region is the capital of the Intermountain Northwest, serving a population of almost 2 million people from Eastern Washington, North Idaho, British Columbia, and as far away as Alaska and Montana. It is a major health care, transportation, education and recreation hub.

Spokane has a diversified economy that includes advance manufacturing, aerospace, agriculture, education, finance, insurance, life sciences, health services, logistics and distribution and is also the largest labor market in Eastern Washington and Northern Idaho.

Spokane is one of the most affordable areas to operate or start a business. Labor costs, residential and commercial real estate and utility rates are among the lowest in the region and across the nation.

  • We’ve got available and skilled talent employers are looking for, plus a number of Career Connected Learning and STEM programs for K-12 students that support the talent of the future.
  • Spokane is home to a thriving University District, nearly 90,000 higher education students study within an 80-mile radius, plus the region has developed a comprehensive multi-sector strategy in which the development of talent is a key component.
  • We are a multi-model transportation hub with great access by air, rail and highways.
  • Spokane is affordable: Spokane’s cost of living scores below the national average, has competitive labor costs and commercial real estate and low utility rates.
  • Local municipalities work together to support projects and permitting processes in accordance with project timelines and needs.
  • Abundant commercial real estate and site options with a number of business parks throughout the region.