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America's Top States For Business 2012

#31 Maryland

Inner Harbor, Baltimore, Maryland
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Inner Harbor, Baltimore, Maryland
Category
Score
2012 Rank
2011 Rank
Cost of Doing Business 96 42 39
Workforce 178 24 38
Quality of Life 178 29 30
Infrastructure & Transportation 104 43 39
Economy 154 24 12
Education 158 9 11
Technology & Innovation 162 10 10
Business Friendliness 98 24 18
Access to Capital 82 7 12
Cost of Living 8 43 44
OVERALL 1218 31 29

ECONOMIC PROFILE

Governor: Martin O'Malley (D)

Population: 5,828,289

GDP (per capita): $45,360

Number of S&P companies: 6

Top corporate tax rate: 8.25 percent

Top individual tax rate: 5.50 percent

Gasoline taxes/fees: 23.5 cents

Bond Rating/Outlook: Aaa/Negative

SAT scores (average): 1492/2400

Degree Granting Institutions (colleges/universities): 61

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 2012

Top States For Business 2013

Top States For Business 2011