| Category | Score | 2013 Rank | 2012 Rank |
|---|---|---|---|
| Cost of Doing Business | 167 | 38 | 32 |
| Workforce | 208 | 6 | 8 |
| Quality of Life | 194 | 18 | 16 |
| Infrastructure & Transportation | 199 | 21 | 33 |
| Economy | 260 | 10 | 10 |
| Education | 101 | 8 | 13 |
| Technology & Innovation | 202 | 12 | 14 |
| Business Friendliness | 161 | 6 | 3 |
| Cost of Living | 31 | 20 | 20 |
| Access to Capital | 19 | 13 | 9 |
| Overall | 1542 | (Tie) 5 | 3 |
ECONOMIC PROFILE
Governor: Bob McDonnell (R)Â
Population: 8,185,867Â
GDP growth: 1.1 percentÂ
Unemployment rate (May 2013): 5.3 percent
Top corporate tax rate: 6 percentÂ
Top individual tax rate: 5.75 percentÂ
Gasoline taxes/fees: 20 centsÂ
Bond rating/outlook: Aaa/NegativeÂ
Major private employers: Heart & Vascular Institute, Huntington Ingalls Industries, University of Virginia, Lab Corp., Newport News Shipbuilding, VCU Health System, Inova Health System, Philip Morris USA, Kings Dominion, University of Virginia Health Systems
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)