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Maine Score and Ranking
| CATEGORY | 2025 SCORE | 2025 RANK | 2024 RANK | 2025 GRADE |
|---|---|---|---|---|
| ECONOMY | 214 | 33 | 24 | C- |
| INFRASTRUCTURE | 119 | 50 | 5 | F |
| WORKFORCE | 155 | 38 | 19 | D |
| COST OF DOING BUSINESS | 146 | 30 | 35 | C+ |
| BUSINESS FRIENDLINESS | 93 | 45 | 22 | D+ |
| QUALITY OF LIFE | 207 | 2 | 4 | A |
| TECHNOLOGY & INNOVATION | 104 | 36 | 12 | D- |
| EDUCATION | 57 | 22 | 17 | B- |
| ACCESS TO CAPITAL | 23 | 33 | 12 | D |
| COST OF LIVING | 34 | 21 | 19 | C+ |
| OVERALL | 1152 | 43 | 6 |
Economic Profile
Governor: Janet Mills, Democrat
Population: 1,405,012
GDP growth (Q1 2025): -1.2%
Unemployment rate (May 2025): 3.4%
Top corporate tax rate: 8.93%
Top individual income tax rate: 7.15%
Gasoline tax: 49.80 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
