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America's Top States For Business 2012

#7 South Dakota

#7 South Dakota

Mount Rushmore National Memorial, Black Hills, South Dakota
James Steinberg | Photo Researchers | Getty Images
Mount Rushmore National Memorial, Black Hills, South Dakota
Category
Score
2012 Rank
2011 Rank
Cost of Doing Business 272 3 7
Workforce 220 14 15
Quality of Life 247 7 5
Infrastructure & Transportation 173 27 42
Economy 184 12 11
Education 123 22 20
Technology & Innovation 56 46 49
Business Friendliness 182 1 3
Access to Capital 15 48 35
Cost of Living 21 30 26
OVERALL 1493 7 13

ECONOMIC PROFILE

Governor: Dennis Daugaard (R)

Population: 824,082

GDP (per capita): $41,795

Number of S&P companies: 0

Top corporate tax rate: None

Top individual tax rate: None

Gasoline taxes/fees: 24.0 cents

Bond Rating/Outlook: No G.O. rating/Stable

SAT scores (average): 1737/2400

Degree Granting Institutions (colleges/universities): 25

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