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24. Kansas (Tie)

The Sunflower State has low costs and strong infrastructure, but fiscal battles have hobbled the economy and scared off capital.

Category
Score
2015 Rank
2014 Rank
Workforce 251 10 13
Cost of Doing Business 180 30 26
Infrastructure 223 7 8
Economy 121 44 (Tie) 31
Quality of Life 131 35 25
Technology & Innovation 112 30 (Tie) 27
Education 132 10 14
Business Friendliness 91 16 11
Cost of Living 65 8 (Tie) 24
Access to Capital 5 46 41
Overall 1311 24 (Tie) 15

Economic Profile

Governor: Sam Brownback, Republican

Population: 2,904,021

GDP growth: 1.8 percent

Unemployment rate (May 2015): 4.4 percent

Top corporate tax rate: 4 percent

Top individual income tax rate: 4.6 percent

Gasoline tax: 42 cents/gallon

Bond rating/outlook: Aa2/Stable

Major private employer: Cessna Aircraft Corporation

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Kansas FY 2014 CAFR

FULL LIST: 2015 TOP STATES FOR BUSINESS

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