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America's Top States For Business 2012

#30 Pennsylvania

Philadelphia, Pennsylvania
Franz Marc Frei | Look | Getty Images
Philadelphia, Pennsylvania
Category Score 2012 Rank 2011 Rank
Cost of Doing Business 125 41 27
Workforce 112 48 43
Quality of Life 155 33 29
Infrastructure & Transportation 150 35 13
Economy 152 26 19
Education 162 7 8
Technology & Innovation 184 5 7
Business Friendliness 83 30 33
Access to Capital 83 6 7
Cost of Living 19 32 31
OVERALL 1225 30 12

ECONOMIC PROFILE

Governor: Tom Corbett (R)

Population: 12, 742, 886

GDP (per capita): $39, 272

Number of S&P companies: 23

Top corporate tax rate: 9.99 percent

Top individual tax rate: 3.07 percent

Gasoline taxes/fees: 32.3 cents

Bond Rating/Outlook: Aa1/Negative

SAT scores (average): 1473/2400

Degree Granting Institutions (colleges/universities): 262

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

America's Top States For Business