Top States For Business

8. Washington

Category Score 2015 Rank 2014 Rank
Workforce21627 (Tie)24
Cost of Doing Business1852834
Infrastructure16033 (Tie)17
Economy22811 (Tie)2
Quality of Life24076
Technology & Innovation21314
Education11718 (Tie)25
Business Friendliness7024 (Tie)23
Cost of Living233638
Access to Capital41109
Overall149387

Economic Profile

Governor: Jay Inslee, Democrat

Population: 7,061,530

GDP growth: 3.0 percent

Unemployment rate (May 2015): 5.4 percent

Top corporate tax rate: 0 percent

Top individual income tax rate: 0 percent

Gasoline tax: 55 cents/gallon

Bond rating/outlook: Aa1/stable

Major private employer: Costco Wholesale

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

FULL LIST: 2015 TOP STATES FOR BUSINESS

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