Justin Kraemer Photography | Moment | Getty Images
Washington Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 273 | 5 | 4 | A |
| INFRASTRUCTURE | 211 | 23 | 29 | C+ |
| ECONOMY | 215 | 17 | 3 | C+ |
| LIFE, HEALTH & INCLUSION | 242 | 7 | 6 | B |
| COST OF DOING BUSINESS | 110 | 37 | 33 | D+ |
| TECHNOLOGY & INNOVATION | 220 | 3 | 2 | A |
| BUSINESS FRIENDLINESS | 100 | 22 | 31 | C |
| EDUCATION | 64 | 32 | 17 | C+ |
| ACCESS TO CAPITAL | 29 | 17 | 20 | C+ |
| COST OF LIVING | 11 | 44 | 38 | D- |
| OVERALL | 1475 | 7 | 2 |
Economic Profile
Governor: Jay Inslee, Democrat
Population: 7,785,786
GDP growth (Q1 2023): 3.20%
Unemployment rate (May 2023): 4.10%
Top corporate tax rate: None
Top individual income tax rate: None
Gasoline tax: 67.80 cents/gallon
Bond rating (Moody's/S&P): Aaa, 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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
