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50. West Virginia

The Mountain State hits the depths of despair with a struggling economy and the nation’s least-educated workforce.

George Kavallines | CNBC
Category
Score
2017 Rank
2016 Rank
Workforce 181 49 40
Infrastructure 144 44 39 (Tie)
Cost of Doing Business 261 4 (Tie) 11
Economy 49 50 47
Quality of Life 125 39 40
Technology & Innovation 47 49 49
Education 72 39 32
Business Friendliness 22 49 49
Access to Capital 12 47 (Tie) 48
Cost of Living 29 22 (Tie) 13
Overall 942 50 47 (Tie)

Economic Profile

Governor: Jim Justice, Democrat

Population: 1,831,102

GDP growth (Q4 2016): 1.9 percent

Unemployment rate (May 2017): 4.5 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 6.5 percent

Gasoline tax: 32.20 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa2, AA- stable

Major private employers: Wal-Mart, West Virginia United Health System, United Bankshares

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

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