Top States For Business

9. Iowa

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Workforce1903744 (Tie)
Cost of Doing Business26228
Infrastructure20016 (Tie)28 (Tie)
Economy1742910
Quality of Life23399 (Tie)
Technology & Innovation1352324 (Tie)
Education1181718 (Tie)
Business Friendliness9115 (Tie)19 (Tie)
Cost of Living591214
Access to Capital1140 (Tie)39 (Tie)
Overall1473910

Economic Profile

Governor: Terry Branstad, Republican

Population: 3,123,899

GDP growth: 0.8 percent

Unemployment rate (May 2016): 3.9 percent

Top corporate tax rate: 12 percent

Top individual income tax rate: 8.98 percent

Gasoline tax: 50.40 cents/gallon

Bond rating/outlook: Aaa, stable

Major private employers: Hy-Vee Food Stores, Principal Financial 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

America's Top States for Business 2016
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