Top States for Business

48. Montana

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Montana Score and Ranking

CATEGORY 2025 SCORE 2025 RANK 2024 RANK 2025 GRADE
ECONOMY2372325C
INFRASTRUCTURE1534543D-
WORKFORCE1035044F
COST OF DOING BUSINESS1283233C-
BUSINESS FRIENDLINESS1372933C+
QUALITY OF LIFE1173529D+
TECHNOLOGY & INNOVATION1013837D-
EDUCATION532728C+
ACCESS TO CAPITAL154644F
COST OF LIVING283146C-
OVERALL10724846

Economic Profile

Governor: Greg Gianforte, Republican

Population: 1,137,233

GDP growth (Q1 2025): -4.4%

Unemployment rate (May 2025): 2.8%

Top corporate tax rate: 6.75%

Top individual income tax rate: 5.9%

Gasoline tax: 52.15 cents/gallon

Bond rating (Moody's/S&P): Aa1, Stable/Not Rated

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

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