Mount Rushmore, South Dakota
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Category Score 2013 Rank 2012 Rank
Cost of Doing Business39413
Workforce1951114
Quality of Life22477
Infrastructure & Transportation2031927
Economy273612
Education733022
Technology & Innovation704846
Business Friendliness17621
Cost of Living252630
Access to Capital63948
Overall163917

ECONOMIC PROFILE

Governor: Dennis Daugaard (R) 

Population: 833,354

GDP growth: 0.2 percent

Unemployment rate (May 2013): 4.0 percent

Top corporate rate: None

Top individual tax rate: None        

Gasoline tax: 22 cents/gallon

Bond rating/outlook: No general obligation debt, but would be rated Aa2/Stable

Major private employers: IBP Hog Market Inc., Rapid City Regional Hospital, Sanford USD Medical Center, Citibank South Dakota NA, John Morrell & Co., Regional Health Physicians Inc., Avera, Larson Manufacturing Co., Tyson Fresh Meats, Walmart Supercenter

Economic profile sources: American Petroleum Institute (April 2013), Bureau of Economic Analysis (2012), Bureau of Labor Statistics (May 2013 release), CareerOneStop, Moody's Investors Service (senior-most tax-backed ratings), National Governors Association, Tax Foundation (2013), U.S. Census Bureau (2012 estimate)