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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

Top States For Business 2012

Top States For Business 2013

Top States For Business 2011