4. Minnesota

Source: George Kavallines

Category	Score	2016 Rank	2015 Rank
Workforce	241	15	13
Cost of Doing Business	155	35	35
Infrastructure	224	5	9 (Tie)
Economy	202	17	5
Quality of Life	269	2	3
Technology & Innovation	179	9	6
Education	149	2	2
Business Friendliness	65	27 (Tie)	23
Cost of Living	36	27	32
Access to Capital	30	21	23
Overall	1550	4	1

Economic Profile

Governor: Mark Dayton, Democrat

Population: 5,489,594

GDP growth: 2.4 percent

Unemployment rate (May 2016): 3.8 percent

Top corporate tax rate: 9.8 percent

Top individual income tax rate: 9.85 percent

Gasoline tax: 47 cents/gallon

Bond rating/outlook: Aa1, stable

Major private employers: Mayo Clinic, UnitedHealth Group

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

America's Top States for Business 2016: The full list