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Texas Score and Ranking
| CATEGORY | 2025 SCORE | 2025 RANK | 2024 RANK | 2025 GRADE |
|---|---|---|---|---|
| ECONOMY | 348 | 2 | 2 | A+ |
| INFRASTRUCTURE | 213 | 26 | 26 | C+ |
| WORKFORCE | 272 | 1 | 1 | A+ |
| COST OF DOING BUSINESS | 210 | 5 | 6 | A |
| BUSINESS FRIENDLINESS | 160 | 17 | 17 | B |
| QUALITY OF LIFE | 72 | 49 | 50 | F |
| TECHNOLOGY & INNOVATION | 192 | 2 | 1 | A+ |
| EDUCATION | 56 | 24 | 35 | B- |
| ACCESS TO CAPITAL | 56 | 2 | 6 | A |
| COST OF LIVING | 22 | 39 | 37 | D |
| OVERALL | 1601 | 2 | 3 |
Economic Profile
Governor: Greg Abbott, Republican
Population: 31,290,831
GDP growth (Q1 2025): -0.1%
Unemployment rate (May 2025): 4.1%
Top corporate tax rate: None
Top individual income tax rate: None
Gasoline tax: 38.40 cents/gallon
Bond rating (Moody's/S&P): Aaa, Stable/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
