3. Colorado

The Centennial State boasts a highly skilled workforce — the most educated in the nation. But cost of living is high.

Top States Colorado
Source: George Kavallines
2016 Rank
2015 Rank
Workforce 283 1 16 (Tie)
Cost of Doing Business 126 37 36
Infrastructure 181 29 14 (Tie)
Economy 288 2 3
Quality of Life 219 12 9 (Tie)
Technology & Innovation 183 8 5
Edcucation 104 25 24
Business Friendliness 99 9 18
Cost of Living 29 32 31
Access to Capital 43 8 8 (Tie)
Overall 1555 3 4

Economic Profile

Governor: John Hickenlooper, Democrat

Population: 5,456,574

GDP growth: 3.6 percent

Unemployment rate (May 2016): 3.4 percent

Top corporate tax rate: 4.63 percent

Top individual income tax rate: 4.63 percent

Gasoline tax: 40.40 cents/gallon

Bond rating/outlook: Aa1, stable

Major private employers: Wal-Mart, Centura Health, Dish Network Corp.

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, Moody's Investor Service, S&P Global Market Intelligence

Latest Special Reports

  • Take an in-depth look at the world of modern medicine - examining the treatments, companies and people making a difference in the way we treat illness and injuries today, and laying the foundation for the medical treatments of tomorrow.

  • A trader works on the floor of the New York Stock Exchange.

    Using ETFs investors can now span the globe in their portfolios. It’s now more important than ever to diversify assets.

  • Trading Nation

    Where headlines become opportunities.