America's Top States for Business 2019

21. South Dakota

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Category Score 2019 Rank 2018 Rank Grade
Workforce1814730F
Economy254827B+
Infrastructure1613738C-
Cost of Doing Business25329A+
Quality of Life1862116C
Education912716C+
Technology & Innovation474741F
Business Friendliness16222A+
Access to Capital104545F
Cost of Living242727C
[[link#105843737#Overall]]13692120-

Economic Profile

Governor: Kristi L. Noem, Republican

Population: 882,235

GDP growth (Q4 2018): 2.1%

Unemployment rate (May 2019): 2.9%

Top corporate tax rate: None

Top individual income tax rate: None

Gasoline tax: 30 cents/gallon

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

Major private employers: Avera Health, Black Hills Corporation

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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