Adam Jones | Stone | Getty Images
Ohio Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 190 | 39 | 41 | D+ |
| INFRASTRUCTURE | 245 | 6 | 2 | A- |
| ECONOMY | 196 | 21 | 27 | C |
| LIFE, HEALTH & INCLUSION | 180 | 23 | 29 | C |
| COST OF DOING BUSINESS | 215 | 4 | 4 | A |
| TECHNOLOGY & INNOVATION | 171 | 16 | 11 | B- |
| BUSINESS FRIENDLINESS | 66 | 40 | 43 | D- |
| EDUCATION | 59 | 40 | 22 | C+ |
| ACCESS TO CAPITAL | 41 | 5 | 3 | A- |
| COST OF LIVING | 45 | 3 | 12 | A+ |
| OVERALL | 1408 | 12 | 15 |
Economic Profile
Governor: Mike DeWine, Republican
Population: 11,756,058
GDP growth (Q1 2023): 1.30%
Unemployment rate (May 2023): 3.60%
Top corporate tax rate: None
Top individual income tax rate: 3.99%
Gasoline tax: 56.91 cents/gallon
Bond rating (Moody's/S&P): Aa1, Positive/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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
