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America's Top States For Business 2012

#1 Texas

Dallas, 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

America's Top States For Business