×

4. Colorado

The Centennial State joins the Top Five on its economy, innovation and access to capital. Costs aren’t a mile high, but up there.

Category
Score
2015 Rank
2014 Rank
Workforce 237 16 (Tie) 5
Cost of Doing Business 136 36 35
Infrastructure 214 14 (Tie) 29
Economy 246 3 8
Quality of Life 230 9 (Tie) 12
Technology & Innovation 181 5 9
Edcucation 109 24 28
Business Friendliness 89 18 16
Cost of Living 30 31 34
Access to Capital 43 8 (Tie) 1
Overall 1515 4 8

Economic Profile

Governor: John Hickenlooper, Democrat

Population: 5,355,866

GDP growth: 4.7 percent

Unemployment rate (May 2015): 4.3 percent

Top corporate tax rate: 4.63 percent

Top individual income tax rate: 4.63 percent

Gasoline tax: 40 cents/gallon

Bond rating/outlook: Aa1/stable

Major private employer: Wal-Mart, Centura Health

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

FULL LIST: 2015 TOP STATES FOR BUSINESS

Latest Special Reports

  • Top States 2016

    CNBC's annual study measures all 50 states on more than 60 different metrics.

  • People walk amongst aircraft exhibited on the tarmac during the opening of the International Paris Airshow at Le Bourget on June 15, 2015.

    The International Paris Air Show is celebrating its 52nd anniversary this year with the big movers and shakers in the aerospace and defense industry all attending the event.

  • International business and political leaders gather in Dalian, China for the 2017 instalment of the World Economic Forum’s Annual Meeting of the New Champions.