America's Top States For Business 2012

#28 Massachusetts

Rose Kennedy Greenway, Boston, Massachusetts
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Rose Kennedy Greenway, Boston, Massachusetts
Category
Score
2012 Rank
2011 Rank
Cost of Doing Business 59 49 41
Workforce 154 32 31
Quality of Life 233 11 10
Infrastructure & Transportation 103 45 29
Economy 163 21 15
Education 170 3 4
Technology & Innovation 183 7 3
Business Friendliness 84 29 15
Access to Capital 99 1 2
Cost of Living 10 41 41
OVERALL 1258 28 6

ECONOMIC PROFILE

Governor: Deval Patrick (D)

Population: 6,587,536

GDP (per capita): $52,915

Number of S&P companies: 11

Top corporate tax rate: 8.00 percent

Top individual tax rate: 5.30 percent

Gasoline taxes/fees: 23.5 cents

Bond Rating/Outlook: Aa1/Stable

SAT scores (average): 1549/2400

Degree Granting Institutions (colleges/universities): 124

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