Top States For Business

49. West Virginia

Category Score 2015 Rank 2014 Rank
Workforce16344 (Tie)44
Cost of Doing Business245718
Infrastructure1214240
Economy14636 (Tie)39
Quality of Life1084039
Technology & Innovation565048
Education913428
Business Friendliness1548 (Tie)50
Cost of Living41245
Access to Capital84549
Overall9944948

Economic Profile

Governor: Earl Ray Tomblin, Democrat

Population: 1,850,326

GDP growth: 5.1 percent

Unemployment rate (May 2015): 7.2 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 6.5 percent

Gasoline tax: 53 cents/gallon

Bond rating/outlook: Aa1/stable

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

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

FULL LIST: 2015 TOP STATES FOR BUSINESS

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