America's Top States For Business

10. North Dakota

Category Score 2014 Rank 2013 Rank
Cost of Doing Business2632212
Workforce2028 (Tie)8
Quality of Life22855
Infrastructure & Transportation22610 (Tie)2
Economy28572
Education8422 (Tie)36
Technology & Innovation364946
Business Friendliness16176
Cost of Living3912 (Tie)30
Access to Capital345 (Tie)29
Overall1527103

Economic Profile

Governor: Jack, Dalrymple, Republican

Population: 723,393

GDP growth: 9.7 percent

Unemployment rate (May 2014): 2.6 percent

Top corporate tax rate: 4.53 percent

Top individual income tax rate: 3.22 percent

Gasoline tax: 41 cents/gallon

Bond rating/outlook: Aa1/stable

Major private employer: Sanford-Health

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

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