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America's Top States For Business 2012

#22 Arizona

Downtown Phoenix, Arizona
John Elk | Stone | Getty Images
Downtown Phoenix, Arizona
Category
Score
2012 Rank
2011 Rank
Cost of Doing Business 148 34 38
Workforce 275 2 1
Quality of Life 162 32 35
Infrastructure & Transportation 213 9 10
Economy 88 44 44
Education 51 49 49
Technology & Innovation 129 21 18
Business Friendliness 132 14 13
Access to Capital 62 22 18
Cost of Living 17 34 36
OVERALL 1277 22 24

ECONOMIC PROFILE

Governor: Jan Brewer (R)

Population: 6,482,505

GDP (per capita): $35,032

Number of S&P companies: 6

Top corporate tax rate: 6.97 percent

Top individual tax rate: 4.54 percent

Gasoline taxes/fees: 19.0 cents

Bond Rating/Outlook: Aa3/Stable

SAT scores (average): 1539/2400

Degree Granting Institutions (colleges/universities): 84

Sources: Census Bureau (2011), Standard & Poor's (2012), Tax Foundation (2012), American Petroleum Institute (2012), Bureau Labor Statistics (2011), National Center For Education Statistics (2011), Moody's (2012), CNBC

Top States For Business 2013