America's Top States For Business

32. California

Category Score 2014 Rank 2013 Rank
Cost of Doing Business504850
Workforce1293634
Quality of Life1602327
Infrastructure & Transportation1942434
Economy276935
Education752643
Technology & Innovation28912
Business Friendliness444848
Cost of Living44745
Access to Capital251 (Tie)1
Overall12463247

Economic Profile

Governor: Jerry Brown, Democrat

Population: 38,332,521

GDP growth: 2.0 percent

Unemployment rate (May 2014): 7.8 percent

Top corporate tax rate: 8.84 percent

Top individual income tax rate: 12.30 percent

Gasoline tax: 71 cents/gallon

Bond rating/outlook: A1/stable

Major private employer: NA

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.