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Washington Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 239 | 18 | 23 | B+ |
| WORKFORCE | 260 | 5 | 5 | B+ |
| ECONOMY | 207 | 18 | 17 | C+ |
| QUALITY OF LIFE | 230 | 5 | 7 | B+ |
| COST OF DOING BUSINESS | 100 | 39 | 37 | D+ |
| TECHNOLOGY & INNOVATION | 201 | 4 | 3 | A+ |
| BUSINESS FRIENDLINESS | 88 | 42 | 22 | D |
| EDUCATION | 55 | 36 | 32 | C+ |
| ACCESS TO CAPITAL | 44 | 20 | 17 | C+ |
| COST OF LIVING | 12 | 42 | 44 | D- |
| OVERALL | 1436 | 10 | 7 |
Economic Profile
Governor: Jay Inslee, Democrat
Population: 7,812,880
GDP growth (Q1 2024): 2%
Unemployment rate (May 2024): 4.9%
Top corporate tax rate: None
Top individual income tax rate: None
Gasoline tax: 67.80 cents/gallon
Bond rating (Moody's/S&P): Aaa, Stable/AA+, Positive
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
