America's Top States for Business 2018

31. Maryland

The US Navy fight demonstration squadron, the Blue Angels, demonstrate choreographed flight skills during the annual Joint Service Open House, Joint Base Andrews, Maryland.
Smith Collection | Gado | Getty Images
Category Score 2018 Rank 2017 Rank Grade
Workforce287611A
Infrastructure1574543D
Cost of Doing Business994548D-
Economy169217C+
Quality of Life1522626D+
Technology & Innovation155104A-
Education1132025C+
Business Friendliness643533C-
Access to Capital701615B
Cost of Living74444F
[[link#104545209#Overall]]127331[[link#103606530#25]]-

Economic Profile

Governor: Larry Hogan, Republican

Population: 6,052,177

GDP growth (Q4 2017): 1.2 percent

Unemployment rate (May 2018): 4.3 percent

Top corporate tax rate: 8.25 percent

Top individual income tax rate: 5.75 percent

Gasoline tax: 33.80 cents/gallon

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

Major private employers: Giant Food LLC., Lockheed Martin

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 2018
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