Top States For Business

44. Maine

Category Score 2015 Rank 2014 Rank
Workforce1315041
Cost of Doing Business1563429
Infrastructure1254146
Economy12342 (Tie)48
Quality of Life24958
Technology & Innovation9336 (Tie)43
Education11320 (Tie)8
Business Friendliness493928
Cost of Living203838
Access to Capital252629
Overall10844445

Economic Profile

Governor: Paul LePage, Republican

Population: 1,330,089

GDP growth: 0.2 percent

Unemployment rate (May 2015): 4.7 percent

Top corporate tax rate: 8.93 percent

Top individual income tax rate: 7.95 percent

Gasoline tax: 48 cents/gallon

Bond rating/outlook: Aa2/stable

Major private employer: Hannaford Brothers Co.

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Maine FY 2014 CAFR

FULL LIST: 2015 TOP STATES FOR BUSINESS

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