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Maryland Score and Ranking
| CATEGORY | 2025 SCORE | 2025 RANK | 2024 RANK | 2025 GRADE |
|---|---|---|---|---|
| ECONOMY | 230 | 26 | 30 | C |
| INFRASTRUCTURE | 215 | 23 | 37 | C+ |
| WORKFORCE | 189 | 21 | 28 | C |
| COST OF DOING BUSINESS | 87 | 46 | 47 | D |
| BUSINESS FRIENDLINESS | 116 | 37 | 37 | C |
| QUALITY OF LIFE | 138 | 27 | 16 | C- |
| TECHNOLOGY & INNOVATION | 166 | 9 | 8 | B+ |
| EDUCATION | 64 | 11 | 14 | B+ |
| ACCESS TO CAPITAL | 39 | 14 | 16 | C+ |
| COST OF LIVING | 21 | 43 | 24 | D |
| OVERALL | 1265 | 32 | 31 |
Economic Profile
Governor: Wes Moore, Democrat
Population: 6,263,220
GDP growth (Q1 2025): -0.5%
Unemployment rate (May 2025): 3.2%
Top corporate tax rate: 8.25%
Top individual income tax rate: 5.75%
Gasoline tax: 64.69 cents/gallon
Bond rating (Moody's/S&P): Aaa, Negative/AAA, 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
