Top States For Business

10. Iowa

Category Score 2015 Rank 2014 Rank
Workforce16344 (Tie)37
Cost of Doing Business24487
Infrastructure18128 (Tie)25
Economy2301018
Quality of Life2309 (Tie)20
Technology & Innovation13524 (Tie)29
Education11718 (Tie)22
Business Friendliness8719 (Tie)9
Cost of Living561412
Access to Capital1239 (Tie)49
Overall14551012

Economic Profile

Governor: Terry Branstad, Republican

Population: 3,107,126

GDP growth: 0.4 percent

Unemployment rate (May 2015): 3.8 percent

Top corporate tax rate: 12 percent

Top individual income tax rate: 8.98 percent

Gasoline tax: 50 cents/gallon

Bond rating/outlook: Aaa/stable

Major private employer: Hy-Vee Food Stores

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Iowa FY 2014 CAFR

FULL LIST: 2015 TOP STATES FOR BUSINESS

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