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America's Top States For Business 2012

#5 North Dakota

Watford City, North Dakota
Matthew Staver | Bloomberg | Getty Images
Watford City, North Dakota
Category
Score
2012 Rank
2011 Rank
Cost of Doing Business 221 16 20
Workforce 233 10 24
Quality of Life 250 5 9
Infrastructure & Transportation 202 15 28
Economy 232 2 1
Education 132 19 23
Technology & Innovation 51 47 48
Business Friendliness 164 4 9
Access to Capital 21 43 35
Cost of Living 23 28 19
OVERALL 1529 5 13

ECONOMIC PROFILE

Governor: Jack Dalrymple (R)

Population: 683,932

GDP (per capita): $50,096

Number of S&P 500 companies: 0

Top corporate tax rate: 5.20 percent

Top individual tax rate: 3.99 percent

Gasoline taxes/fees: 23.0 cents

Bond Rating/Outlook: Aa1/Stable

SAT scores (average): 1759/2400

Degree Granting Institutions (colleges/universities): 21Sources: 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