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America's Top States For Business 2012

#16 Tennessee

Nashville, Tennessee
Bruce Clarke | Photolibrary | Getty Images
Nashville, Tennessee
Category Score 2012 Rank 2011 Rank
Cost of Doing Business 178 27 19
Workforce 229 11 9
Quality of Life 113 48 47
Infrastructure & Transportation 221 4 5
Economy 184 12 46
Education 79 41 43
Technology & Innovation 111 25 24
Business Friendliness 158 6 8
Access to Capital 42 29 26
Cost of Living 49 2 2
OVERALL 1364 16 18

ECONOMIC PROFILE

Governor: Bill Haslam (R)

Population: 6,403,353

GDP (per capita): $36,543

Number of S&P companies: 9

Top corporate tax rate: 6.5 percent

Top individual tax rate: 6.0 percent

Gasoline taxes/fees: 21.4 cents

Bond Rating/Outlook: Aaa/Stable

Degree Granting Institutions (colleges/universities): 109

SAT scores (average): 1710/2400

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