America's Top States For Business 2011

#9 Iowa

Top States 2011: Iowa

Category
Score
2011 Rank
2010 Rank
Cost of Doing Business 285 1 1
Workforce 181 21 20
Quality of Life 217 18 17
Infrastructure & Transportation 122 37 32
Economy 189 5 10
Education 129 15 16
Technology & Innovation 93 28 29
Business Friendliness 154 11 12
Access to Capital 32 35 36
Cost of Living 37 14 17
OVERALL 1439 9 6

ECONOMIC PROFILE

Governor: Terry Branstad (R)

Population: 3,046,355

GDP (2009 per capita): $41,247

Unemployment rate (May 2011): 6.0 percent

Foreclosure rate (May 2011): One per 878 households

Budget gap (projected 2012): $186 million

Corporate tax rate: 6.0-12.0 percent (5.0 percent financial institutions)

Largest employers: Hy-Vee, Deere & Co, Wells Fargo

Sources: US Government, RealtyTrac, Center on Budget & Policy Priorities, Federation of Tax Administrators, Alaska Department of Labor and Workforce Development