Top States For Business

22. Montana

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Workforce1694548
Cost of Doing Business239816
Infrastructure1902412 (Tie)
Economy2251316 (Tie)
Quality of Life2281013 (Tie)
Technology & Innovation804041 (Tie)
Education1022732 (Tie)
Business Friendliness7623 (Tie)30
Cost of Living412430
Access to Capital1140 (Tie)39 (Tie)
Overall13612228

Economic Profile

Governor: Steve Bullock, Democrat

Population: 1,032,949

GDP growth: 3.5 percent

Unemployment rate (May 2016): 4.2 percent

Top corporate tax rate: 6.75 percent

Top individual income tax rate: 6.9 percent

Gasoline tax: 46.15 cents/gallon

Bond rating/outlook: Aa1, stable

Major private employers: Wal-Mart, Albertson's, Glacier Bancorp

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, S&P Global Market Intelligence

America's Top States for Business 2016
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