America's Top States for Business 2019

16. Iowa

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Category Score 2019 Rank 2018 Rank Grade
Workforce2153439D
Economy2451334B+
Infrastructure1663224C
Cost of Doing Business232106A-
Quality of Life208137B-
Education1031713B-
Technology & Innovation922626C+
Business Friendliness932415C+
Access to Capital273236D+
Cost of Living381312B+
[[link#105843737#Overall]]14191618-

Economic Profile

Governor: Kim Reynolds, Republican

Population: 3,156,145

GDP growth (Q4 2018): 0.3%

Unemployment rate (May 2019): 2.4%

Top corporate tax rate: 12%

Top individual income tax rate: 8.53%

Gasoline tax: 30.70 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

America's Top States for Business in 2019
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