America's Top States For Business

27. Illinois

Category Score 2014 Rank 2013 Rank
Cost of Doing Business1614044
Workforce13432 (Tie)29
Quality of Life13430 (Tie)30
Infrastructure & Transportation24935
Economy1803645
Education9215 (Tie)22
Technology & Innovation2455 (Tie)5
Business Friendliness604136
Cost of Living222923
Access to Capital191425
Overall12962737

Economic Profile

Governor: Pat Quinn, Democrat

Population: 12,882,135

GDP growth: 0.9 percent

Unemployment rate (May 2014): 7.9 percent

Top corporate tax rate: 9.5 percent

Top individual income tax rate: 5 percent

Gasoline tax: 58 cents/gallon

Bond rating/outlook: A3/negative

Major private employer: Advocate Health Care

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Illinois FY 2013 CAFR

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