Top States for Business 2024

28. Oregon

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Oregon Score and Ranking

CATEGORY 2024 SCORE 2024 RANK 2023 RANK 2024 GRADE
INFRASTRUCTURE2421732B+
WORKFORCE1853614D-
ECONOMY1583426D+
QUALITY OF LIFE22666B+
COST OF DOING BUSINESS1163431C-
TECHNOLOGY & INNOVATION17999A-
BUSINESS FRIENDLINESS664843F
EDUCATION543730C+
ACCESS TO CAPITAL372520C-
COST OF LIVING203748C-
OVERALL12832821

Economic Profile

Governor: Tina Kotek, Democrat

Population: 4,233,358

GDP growth (Q1 2024): -1.3%

Unemployment rate (May 2024): 4.2%

Top corporate tax rate: 7.6%

Top individual income tax rate: 9.9%

Gasoline tax: 57.23 cents/gallon

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

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