CNBC's tenth annual study once again puts all 50 states to the test, measuring them on more than 60 different metrics in ten key categories of competitiveness.

4. Minnesota

Published Tue, Jul 12 20164:40 PM EDTUpdated Mon, Jun 12 20173:11 PM EDT

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Source: George Kavallines

Category	Score	2016 Rank	2015 Rank
Workforce	241	15	13
Cost of Doing Business	155	35	35
Infrastructure	224	5	9 (Tie)
Economy	202	17	5
Quality of Life	269	2	3
Technology & Innovation	179	9	6
Education	149	2	2
Business Friendliness	65	27 (Tie)	23
Cost of Living	36	27	32
Access to Capital	30	21	23
Overall	1550	4	1

Economic Profile

Governor: Mark Dayton, Democrat

Population: 5,489,594

GDP growth: 2.4 percent

Unemployment rate (May 2016): 3.8 percent

Top corporate tax rate: 9.8 percent

Top individual income tax rate: 9.85 percent

Gasoline tax: 47 cents/gallon

Bond rating/outlook: Aa1, stable

Major private employers: Mayo Clinic, UnitedHealth Group

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