14. Indiana

Low costs and a solid infrastructure meet at the Crossroads of the World, but quality of life tends to lose its way.

George Kavallines | CNBC
2017 Rank
2016 Rank
Workforce 237 35 36
Infrastructure 237 3 1
Cost of Doing Business 271 2 1
Economy 201 10 (Tie) 20
Quality of Life 102 45 45
Technology & Innovation 117 26 26
Education 93 29 29 (Tie)
Business Friendliness 114 8 (Tie) 13
Access to Capital 58 24 18
Cost of Living 49 2 8
Overall 1479 14 16

Economic Profile

Governor: Eric Holcomb, Republican

Population: 6,633,053

GDP growth (Q4 2016): 0.8 percent

Unemployment rate (May 2017): 3.2 percent

Top corporate tax rate: 6.25 percent

Top individual income tax rate: 3.23 percent

Gasoline tax: 32.84 cents/gallon

Bond rating/outlook (Moody's, S&P): Aaa, AAA stable

Major private employers: Wal-Mart, St. Vincent Health, Eli Lilly and Company

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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

Latest Special Reports

  • Airport

    From the most innovative hotels to the best ways to be a road warrior, CNBC tackles the business of travel in this new special report covering the leisure and hospitality sector.

  • Business icons and provocateurs share their innovative models. Learn how to upend old industries and start new ones that move markets.

  • CNBC|Survey Monkey Small Business Survey animation

    The Small Business Survey provides insight to Main Street opinions on regulation and hot issues facing smaller firms.