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42: Vermont

Although unions are strong and workers scarce, the Green Mountain State offers exactly the quality of life its nickname implies, as well as one of the best education systems.

Category
Score
2014 Rank
2013 Rank
Cost of Doing Business 159 41 22
Workforce 84 50 49
Quality of Life 256 2 2
Infrastructure & Transportation 84 49 48
Economy 231 23 8
Education 122 2 11
Technology & Innovation 97 37 (Tie) 40
Business Friendliness 85 31 31
Cost of Living 11 40 41
Access to Capital 10 31 (Tie) 31
Overall 1139 42 32

Economic Profile

Governor: Peter Shumlin, Democrat

Population: 626,630

GDP growth: 1.9 percent

Unemployment rate (May 2014): 3.3 percent

Top corporate tax rate: 8.5 percent

Top individual income tax rate: 8.95 percent

Gasoline tax: 50 cents/gallon

Bond rating/outlook: Aaa/stable

Major private employer: Fletcher Allen Health Care

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Times Argus

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