Top States For Business

35. Kentucky

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Workforce1684649
Cost of Doing Business25152 (Tie)
Infrastructure20614 (Tie)19 (Tie)
Economy1314021
Quality of Life1214241
Technology & Innovation913739
Education9829 (Tie)36 (Tie)
Business Friendliness404140
Cost of Living7426
Access to Capital133841
Overall11933536

Economic Profile

Governor: Matt Bevin, Republican

Population: 4,425,092

GDP growth: 1.1 percent

Unemployment rate (May 2016): 5.1 percent

Top corporate tax rate: 6 percent

Top individual income tax rate: 6 percent

Gasoline tax: 44.40 cents/gallon

Bond rating/outlook: Aa2, stable

Major private employers: Humana, Yum! Brands

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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