America's Top States For Business 2011

#29 Maryland

Top States 2011: Maryland

Category
Score
2011 Rank
2010 Rank
Cost of Doing Business 125 39 43
Workforce 138 38 36
Quality of Life 168 30 28
Infrastructure & Transportation 115 39 43
Economy 167 12 18
Education 152 11 10
Technology & Innovation 176 10 8
Business Friendliness 128 18 16
Access to Capital 78 12 12
Cost of Living 7 44 45
OVERALL 1254 29 27

ECONOMIC PROFILE

Governor: Martin O'Malley (D) (Election year)

Population: 5,773,552

GDP (2009 per capita): $44,917

Unemployment rate (May 2011): 6.8 percent

Foreclosure rate (May 2011): One per 1,301 households

Budget gap (projected 2012): $1.4 billion

Corporate tax rate: 8.25 percent

Largest employers: Giant Food, Verizon, Northrop Grumman Corp

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