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Illinois Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 209 | 28 | 26 | C |
| INFRASTRUCTURE | 258 | 2 | 3 | A |
| ECONOMY | 165 | 33 | 44 | D+ |
| LIFE, HEALTH & INCLUSION | 214 | 17 | 23 | C+ |
| COST OF DOING BUSINESS | 123 | 32 | 31 | C- |
| TECHNOLOGY & INNOVATION | 176 | 14 | 8 | B |
| BUSINESS FRIENDLINESS | 71 | 39 | 40 | D |
| EDUCATION | 92 | 2 | 6 | A+ |
| ACCESS TO CAPITAL | 39 | 6 | 8 | B+ |
| COST OF LIVING | 41 | 9 | 20 | A- |
| OVERALL | 1388 | 17 | 19 |
Economic Profile
Governor: J.B. Pritzker, Democrat
Population: 12,582,032
GDP growth (Q1 2023): 0.20%
Unemployment rate (May 2023): 4.10%
Top corporate tax rate: 9.5%
Top individual income tax rate: 4.95%
Gasoline tax: 78.00 cents/gallon
Bond rating (Moody's/S&P): A3, Stable/A-, 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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
