Grass-fed dairy cattle roam a section of pasture on the farm belonging to Amish farmer James Swantz in Kalona, Iowa.
Rachel Mummey | The Washington Post | Getty Images
| Category | Score | 2018 Rank | 2017 Rank | Grade |
|---|---|---|---|---|
| Workforce | 191 | 39 | 42 | C- |
| Infrastructure | 203 | 24 | 23 | C+ |
| Cost of Doing Business | 244 | 6 | 10 | A+ |
| Economy | 132 | 34 | 21 | C- |
| Quality of Life | 214 | 7 | 9 | B+ |
| Technology & Innovation | 116 | 26 | 25 | C |
| Education | 129 | 13 | 9 | B |
| Business Friendliness | 101 | 15 | 11 | B |
| Access to Capital | 29 | 36 | 30 | D |
| Cost of Living | 39 | 12 | 15 (Tie) | B+ |
| [[link#105237323#Overall]] | 1398 | 18 | [[link#104395341#15]] | - |
Economic Profile
Governor: Kim Reynolds, Republican
Population: 3,145,711
GDP growth (Q4 2017): 0.7 percent
Unemployment rate (May 2018): 2.7 percent
Top corporate tax rate: 12 percent
Top individual income tax rate: 8.98 percent
Gasoline tax: 30.50 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
