Top States for Business

36. New Hampshire

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New Hampshire Score and Ranking

CATEGORY 2025 SCORE 2025 RANK 2024 RANK 2025 GRADE
ECONOMY2372348C
INFRASTRUCTURE1384748F
WORKFORCE1802624C
COST OF DOING BUSINESS1133736D+
BUSINESS FRIENDLINESS18769A-
QUALITY OF LIFE166119B-
TECHNOLOGY & INNOVATION924435F
EDUCATION7436A
ACCESS TO CAPITAL164436F
COST OF LIVING302634C
OVERALL12333641

Economic Profile

Governor: Kelly Ayotte, Republican

Population: 1,409,032

GDP growth (Q1 2025): -0.1%

Unemployment rate (May 2025): 3.1%

Top corporate tax rate: 7.5%

Top individual income tax rate: 4% (dividends and interest only)

Gasoline tax: 42.23 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

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