Top States For Business

9. North Carolina

Category Score 2015 Rank 2014 Rank
Workforce23716 (Tie)4
Cost of Doing Business22017 (Tie)23
Infrastructure19523 (Tie)21
Economy23764
Quality of Life13733 (Tie)34
Technology & Innovation1741012
Education953033
Business Friendliness901719
Cost of Living422314
Access to Capital501 (Tie)17
Overall147795

Economic Profile

Governor: Pat McCrory, Republican

Population: 9,943,964

GDP growth: 1.4 percent

Unemployment rate (May 2015): 5.7 percent

Top corporate tax rate: 5 percent

Top individual income tax rate: 5.75 percent

Gasoline tax: 54 cents/gallon

Bond rating/outlook: Aaa/stable

Major private employer: Wal-Mart

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

FULL LIST: 2015 TOP STATES FOR BUSINESS

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