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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

Top States For Business 2012

Top States For Business 2013

Top States For Business 2011