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America's Top States For Business 2012

#33 Michigan

Detroit. Michigan
Kim Steele | Photodisc | Getty Images
Detroit. Michigan
Category
Score
2012 Rank
2011 Rank
Cost of Doing Business 170 29 27
Workforce 130 38 41
Quality of Life 147 34 35
Infrastructure & Transportation 181 25 10
Economy 144 28 36
Education 83 38 34
Technology & Innovation 154 12 8
Business Friendliness 77 34 36
Access to Capital 63 21 31
Cost of Living 39 12 18
OVERALL 1188 33 34

ECONOMIC PROFILE

Governor: Richard Snyder (R)

Population: 9,876,187

GDP (per capita): $34,166

Number of S&P companies: 20

Top corporate tax rate: 6.00 percent

Gasoline taxes/fees: 42.9 cents

Bond Rating/Outlook: Aa2/Stable

SAT scores (average): 1761/2400

Degree Granting Institutions (colleges/universities): 107

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