The Pine Tree State boasts America's lowest crime rate. But the infrastructure? You can't get there from here.
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Maine Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 151 | 40 | 32 | D+ |
| Infrastructure | 103 | 50 | 47 | F |
| Life, Health & Inclusion | 263 | 5 | -- | B+ |
| Workforce | 111 | 49 | 45 | F |
| Economy | 103 | 37 | 37 | D+ |
| Business Friendliness | 116 | 21 | 29 | B- |
| Access to Capital | 41 | 41 | 42 | F |
| Technology & Innovation | 53 | 42 | 35 | F |
| Education | 83 | 24 | 19 | C+ |
| Cost of Living | 18 | 39 | 39 | D- |
| Overall | 1042 | 48 | 44 |
Economic Profile
Governor: Janet T. Mills, Democrat
Population: 1,350,141
GDP growth (Q1 2021): 5.2%
Unemployment rate (May 2021): 4.7%
Top corporate tax rate: 8.93%
Top individual income tax rate: 7.15%
Gasoline tax: 30.01 cents/gallon
Bond rating (Moody's/S&P): Aa2, stable/AA, stable
Major private employers: Hannaford Brothers Co., Avangrid
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
