America's Top States For Business 2012

#2 Utah

Salt Lake City, Utah
William Floyd Holdman, Jr. | Photolibrary | Getty Images
Salt Lake City, Utah
Category
Score
2012 Rank
2011 Rank
Cost of Doing Business 240 11 12
Workforce 235 9 8
Quality of Life 237 10 14
Infrastructure & Transportation 216 8 33
Economy 194 7 16
Education 65 45 46
Technology & Innovation 119 24 25
Business Friendliness 148 10 4
Access to Capital 74 13 23
Cost of Living 45 6 17
OVERALL 1573 2 8

ECONOMIC PROFILE

Governor: Gary Herbert (R)

Population: 2, 817, 222

GDP (per capita): $38, 452

Number of S&P companies: 1

Top corporate tax rate: 5.00 percent

Top individual tax rate: 5.00 percent

Gasoline taxes/fees: 24.5 cents

Bond Rating/Outlook: Aaa/Stable

SAT scores (average): 1667/2400

Degree Granting Institutions (colleges/universities): 41

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 2013