America's Top States for Business 2018

48. West Virginia

Coal miner from Limestone, West Virginia.
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Category Score 2018 Rank 2017 Rank Grade
Workforce1684749D
Infrastructure1574544D
Cost of Doing Business230114 (Tie)A
Economy1293650C-
Quality of Life1243739D-
Technology & Innovation495049F
Education694139D-
Business Friendliness224949F
Access to Capital94747 (Tie)F
Cost of Living282322 (Tie)C+
[[link#105237323#Overall]]98548[[link#104395453#50]]-

Economic Profile

Governor: Jim Justice, Republican

Population: 1,815,857

GDP growth (Q4 2017): 1.0 percent

Unemployment rate (May 2018): 5.4 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 6.5 percent

Gasoline tax: 35.70 cents/gallon

Bond rating (Moody's/S&P): Aa2, stable/AA-, stable

Major private employers: Wal-Mart, West Virginia United Health System, United Bankshares

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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