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West Virgina Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 158 | 45 | 41 | D- |
| WORKFORCE | 154 | 47 | 50 | F |
| ECONOMY | 174 | 28 | 48 | D+ |
| QUALITY OF LIFE | 144 | 31 | 26 | D+ |
| COST OF DOING BUSINESS | 217 | 3 | 1 | A+ |
| TECHNOLOGY & INNOVATION | 61 | 47 | 47 | F |
| BUSINESS FRIENDLINESS | 144 | 17 | 49 | C+ |
| EDUCATION | 72 | 10 | 32 | B+ |
| ACCESS TO CAPITAL | 9 | 50 | 39 | F |
| COST OF LIVING | 46 | 1 | 5 | A+ |
| OVERALL | 1179 | 40 | 46 |
Economic Profile
Governor: Jim Justice, Republican
Population: 1,770,071
GDP growth (Q1 2024): 1.1%
Unemployment rate (May 2024): 4.2%
Top corporate tax rate: 6.5%
Top individual income tax rate: 5.12%
Gasoline tax: 54.10 cents/gallon
Bond rating (Moody's/S&P): Aa2, 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
Correction: Governor Jim Justice is a Republican. An earlier version of this page misstated his party affiliation.
