#1 Texas
Stephen Masker | Flickr | Getty Images
Dallas, Texas
| Category | Score | 2012 Rank | 2011 Rank |
|---|---|---|---|
| Cost of Doing Business | 177 | 28 | 33 |
| Workforce | 250 | 7 | 14 |
| Quality of Life | 145 | 35 | 32 |
| Infrastructure & Transportation | 248 | 1 | 1 |
| Economy | 212 | 5 | 14 |
| Education | 118 | 26 | 27 |
| Technology & Innovation | 193 | 2 | 4 |
| Business Friendliness | 133 | 12 | 18 |
| Access to Capital | 80 | 8 | 4 |
| Cost of Living | 48 | 3 | 5 |
| OVERALL | 1604 | 1 | 2 |
ECONOMIC PROFILE
Governor: Rick Perry (R)
Population: 25,674,681
GDP (per capita): $44,788
Number of S&P companies: 52
Top corporate tax rate: No corporate income tax but do have a gross receipts tax with rates not strictly comparable to corporate income tax rates
Top individual tax rate: None
Gasoline taxes/fees: 20.0 cents
Bond Rating/Outlook: Aaa/Stable
Degree Granting Institutions (colleges/universities): 252
SAT scores (average): 1446/2400
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
