Top States For Business

47. West Virginia (tie)

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Workforce1864044 (Tie)
Cost of Doing Business231117
Infrastructure14639 (Tie)42
Economy1084736 (Tie)
Quality of Life1374040
Technology & Innovation484950
Education933234
Business Friendliness154948 (Tie)
Cost of Living571324
Access to Capital34845
Overall102447 (Tie)49

Economic Profile

Governor: Earl Ray Tomblin, Democrat

Population: 1,844,128

GDP growth: 0.1 percent

Unemployment rate (May 2016): 6.2 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 6.5 percent

Gasoline tax: 51.60 cents/gallon

Bond rating/outlook: Aa1, negative

Major private employers: Wal-Mart, West Virginia United Health System, United Bankshares

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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