America's Top States for Business 2019

31. Maryland

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Category Score 2019 Rank 2018 Rank Grade
Workforce31366A-
Economy1643521C-
Infrastructure1554145C-
Cost of Doing Business894645D-
Quality of Life1652726C-
Education962320C+
Technology & Innovation130510A
Business Friendliness783135C-
Access to Capital561416B+
Cost of Living54644F
[[link#105843737#Overall]]12513131-

Economic Profile

Governor: Larry Hogan, Republican

Population: 6,042,718

GDP growth (Q4 2018): 1.2%

Unemployment rate (May 2019): 3.8%

Top corporate tax rate: 8.25%

Top individual income tax rate: 5.75%

Gasoline tax: 35.30 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 in 2019
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