America's Top States for Business 2019

40. Vermont

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Category Score 2019 Rank 2018 Rank Grade
Workforce1625046F
Economy1304429D-
Infrastructure1832432B-
Cost of Doing Business1493635C
Quality of Life26221A-
Education1051510B
Technology & Innovation902725C
Business Friendliness713433D+
Access to Capital104549F
Cost of Living114040D-
[[link#105843737#Overall]]11734032-

Economic Profile

Governor: Phil Scott, Republican

Population: 626,299

GDP growth (Q4 2018): 1.9%

Unemployment rate (May 2019): 2.1%

Top corporate tax rate: 8.5%

Top individual income tax rate: 8.75%

Gasoline tax: 30.46 cents/gallon

Bond rating (Moody's/S&P): Aa1, stable/AA+, stable

Major private employers: Fletcher Allen Health Care, Casella Waste Systems

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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