42. Vermont

Quality of life is lush in the Green Mountain State. Education is strong, but business capital is not following a trail there.

Category
Score
2015 Rank
2014 Rank
Workforce 151 47 50
Cost of Doing Business 104 42 41
Infrastructure 111 44 49
Economy 160 33 (Tie) 23
Quality of Life 282 2 2
Technology & Innovation 117 28 37
Education 145 3 (Tie) 2
Business Friendliness 43 42 31
Cost of Living 15 41 40
Access to Capital 3 48 (Tie) 31
Overall 1131 42 42

Economic Profile

Governor: Peter Shumlin, Democrat

Population: 626,562

GDP growth: 0.6 percent

Unemployment rate (May 2015): 3.6 percent

Top corporate tax rate: 8.5 percent

Top individual income tax rate: 8.95 percent

Gasoline tax: 48 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

FULL LIST: 2015 TOP STATES FOR BUSINESS

Latest Special Reports

  • Financial Portfolio

    A look at how leading portfolio managers and institutional investors build investment plans to meet clients’ goals.

  • The CNBC All-America Economic Survey shows bright spots in the economy, with housing and stocks in the forefront.

  • Watch investments

    Covering the full set of tools and strategies for long-term investors: How to take everyday market fluctuations in stride, and when to know it’s time to take action or protect against a major economic shifts.