Tomograf | Istock | Getty Images
Arizona Score and Ranking 2025
| CATEGORY | 2025 SCORE | 2025 RANK | 2024 RANK | 2025 GRADE |
|---|---|---|---|---|
| ECONOMY | 268 | 13 | 5 | B- |
| INFRASTRUCTURE | 279 | 3 | 2 | A |
| WORKFORCE | 228 | 6 | 6 | B+ |
| COST OF DOING BUSINESS | 128 | 32 | 31 | C |
| BUSINESS FRIENDLINESS | 160 | 17 | 26 | B |
| QUALITY OF LIFE | 99 | 39 | 41 | D- |
| TECHNOLOGY & INNOVATION | 143 | 20 | 21 | C+ |
| EDUCATION | 26 | 47 | 47 | F |
| ACCESS TO CAPITAL | 30 | 25 | 18 | C- |
| COST OF LIVING | 22 | 39 | 37 | D |
| OVERALL | 1383 | 12 | 12 |
Economic Profile
Governor: Katie Hobbs, Democrat
Population: 7,582,384
GDP growth (Q1 2025): -0.5%
Unemployment rate (May 2025): 4.1%
Top corporate tax rate: 4.9%
Top individual income tax rate: 2.5%
Gasoline tax: 37.40 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, Energy Information Administration (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
