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West Virginia Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 137 | 50 | 43 | F |
| INFRASTRUCTURE | 158 | 41 | 42 | D- |
| ECONOMY | 99 | 48 | 39 | F |
| LIFE, HEALTH & INCLUSION | 173 | 26 | 34 | C- |
| COST OF DOING BUSINESS | 230 | 1 | 10 | A+ |
| TECHNOLOGY & INNOVATION | 77 | 47 | 49 | F |
| BUSINESS FRIENDLINESS | 47 | 49 | 49 | F |
| EDUCATION | 64 | 32 | 44 | C+ |
| ACCESS TO CAPITAL | 18 | 39 | 38 | D |
| COST OF LIVING | 44 | 5 | 8 | A+ |
| OVERALL | 1047 | 46 | 44 |
Economic Profile
Governor: Jim Justice, RepublicanÂ
Population: 1,775,156
GDP growth (Q1 2023): 0.20%
Unemployment rate (May 2023): 3.30%
Top corporate tax rate: 6.50%
Top individual income tax rate: 6.50%
Gasoline tax: 54.10 cents/gallon
Bond rating (Moody's/S&P): Aa2, 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
