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Massachusetts Score and Ranking
| CATEGORY | 2025 SCORE | 2025 RANK | 2024 RANK | 2025 GRADE |
|---|---|---|---|---|
| ECONOMY | 263 | 15 | 40 | B- |
| INFRASTRUCTURE | 190 | 35 | 44 | C- |
| WORKFORCE | 185 | 23 | 38 | C |
| COST OF DOING BUSINESS | 73 | 49 | 49 | F |
| BUSINESS FRIENDLINESS | 98 | 42 | 40 | D+ |
| QUALITY OF LIFE | 167 | 8 | 9 | B- |
| TECHNOLOGY & INNOVATION | 178 | 4 | 3 | A- |
| EDUCATION | 80 | 2 | 2 | A+ |
| ACCESS TO CAPITAL | 53 | 5 | 9 | A- |
| COST OF LIVING | 21 | 43 | 48 | D |
| OVERALL | 1308 | 20 | 38 |
Economic Profile
Governor: Maura Healey, Democrat
Population: 7,136,171
GDP growth (Q1 2025): -0.9%
Unemployment rate (May 2025): 4.8%
Top corporate tax rate: 8%
Top individual income tax rate: 9%
Gasoline tax: 45.87 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
