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Florida Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 192 | 35 | 14 | C- |
| WORKFORCE | 282 | 2 | 15 | A |
| ECONOMY | 308 | 1 | 1 | A+ |
| QUALITY OF LIFE | 128 | 38 | 41 | D |
| COST OF DOING BUSINESS | 153 | 25 | 26 | B- |
| TECHNOLOGY & INNOVATION | 157 | 16 | 20 | B |
| BUSINESS FRIENDLINESS | 122 | 28 | 26 | C |
| EDUCATION | 54 | 37 | 36 | C+ |
| ACCESS TO CAPITAL | 71 | 2 | 16 | A+ |
| COST OF LIVING | 12 | 42 | 36 | D- |
| OVERALL | 1479 | 5 | 8 |
Economic Profile
Governor: Ron DeSantis, Republican
Population: 22,610,726
GDP growth (Q1 2024): 3%
Unemployment rate (May 2024): 3.3%
Top corporate tax rate: 5.5%
Top individual income tax rate: None
Gasoline tax: 61.95 cents/gallon
Bond rating (Moody's/S&P): Aaa, Stable/AAA, Stable
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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
