Top States For Business

11. South Dakota

Category Score 2015 Rank 2014 Rank
Workforce200356
Cost of Doing Business24756
Infrastructure20219 (Tie)31
Economy2328 (Tie)20
Quality of Life20217 (Tie)10
Technology & Innovation724450
Education1102330
Business Friendliness13022
Cost of Living243516
Access to Capital242726
Overall14431111

Economic Profile

Governor: Dennis Daugaard, Republican

Population: 853,175

GDP growth: 0.6 percent

Unemployment rate (May 2015): 3.8 percent

Top corporate tax rate: 0 percent

Top individual income tax rate: 0 percent

Gasoline tax: 48 cents/gallon

Bond rating/outlook: Aa2/stable

Major private employer: Avera Health

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

FULL LIST: 2015 TOP STATES FOR BUSINESS

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