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Ohio Score and Ranking
| CATEGORYÂ | 2022 SCOREÂ | 2022 RANK | 2021 RANKÂ | 2022 GRADEÂ |
|---|---|---|---|---|
| WORKFORCE | 183 | 41 | 38 | D |
| INFRASTRUCTURE | 260 | 2 | 11 | A |
| COST OF DOING BUSINESS | 250 | 4 | 2 | A+ |
| ECONOMY | 161 | 27 | 15 | C- |
| LIFE, HEALTH & INCLUSION | 150 | 29 | 34 | D+ |
| TECHNOLOGY & INNOVATION | 166 | 11 | 15 | B+ |
| BUSINESS FRIENDLINESS | 64 | 43 | 47 | F |
| EDUCATION | 92 | 22 | 21 | C+ |
| ACCESS TO CAPITAL | 44 | 3 | 7 | A |
| COST OF LIVING | 39 | 12 | 14 | B+ |
| OVERALL | 1409 | 15 | 10 |
Economic Profile
Governor: Mike DeWine, Republican
Population: 11,780,017
GDP growth (Q1 2022): -1.8%
Unemployment rate (May 2022): 3.9%
Top corporate tax rate: None (levies a gross receipts tax)
Top individual income tax rate: 3.99%
Gasoline tax: 38.51 cents/gallon
Bond rating (Moody's/S&P): Aa1, stable/AA+, stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
