America's Top States For Business

42: Vermont

Category Score 2014 Rank 2013 Rank
Cost of Doing Business1594122
Workforce845049
Quality of Life25622
Infrastructure & Transportation844948
Economy231238
Education122211
Technology & Innovation9737 (Tie)40
Business Friendliness853131
Cost of Living114041
Access to Capital1031 (Tie)31
Overall11394232

Economic Profile

Governor: Peter Shumlin, Democrat

Population: 626,630

GDP growth: 1.9 percent

Unemployment rate (May 2014): 3.3 percent

Top corporate tax rate: 8.5 percent

Top individual income tax rate: 8.95 percent

Gasoline tax: 50 cents/gallon

Bond rating/outlook: Aaa/stable

Major private employer: Fletcher Allen Health Care

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

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