America's Top States for Business 2017

7. Virginia

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce36723
Infrastructure1792532
Cost of Doing Business1523536
Economy1792030
Quality of Life1961716
Technology & Innovation1361615
Education128135
Business Friendliness11573
Access to Capital771315
Cost of Living232830
[[link#104545209#Overall]]15527[[link#103602582#13]]

Economic Profile

Governor: Terry McAuliffe, Democrat

Population: 8,411,808

GDP growth (Q4 2016): 1.5 percent

Unemployment rate (May 2017): 3.8 percent

Top corporate tax rate: 6 percent

Top individual income tax rate: 5.75 percent

Gasoline tax: 22.40 cents/gallon

Bond rating/outlook (Moody's, S&P): Aaa, AAA negative

Major private employers: Wal-Mart, Huntington Ingalls Industries, Altria 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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

America's Top States for Business 2017
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