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Montana Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 162 | 43 | 40 | D |
| WORKFORCE | 160 | 44 | 42 | F |
| ECONOMY | 185 | 25 | 23 | C- |
| QUALITY OF LIFE | 164 | 29 | 28 | C- |
| COST OF DOING BUSINESS | 122 | 33 | 22 | C- |
| TECHNOLOGY & INNOVATION | 99 | 37 | 35 | D |
| BUSINESS FRIENDLINESS | 119 | 33 | 4 | C- |
| EDUCATION | 60 | 28 | 13 | B- |
| ACCESS TO CAPITAL | 18 | 44 | 41 | F |
| COST OF LIVING | 10 | 46 | 45 | F |
| OVERALL | 1099 | 46 | 35 |
Economic Profile
Governor: Greg Gianforte, Republican
Population: 1,132,812
GDP growth (Q1 2024): 1.3%
Unemployment rate (May 2024): 3.1%
Top corporate tax rate: 6.75%
Top individual income tax rate: 5.9%
Gasoline tax: 51.65 cents/gallon
Bond rating (Moody's/S&P): Aa1, Stable/Not Rated
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
