#3 Virginia
#3 Virginia
Henryk Sadura | Getty Images
Charleston, West Virginia
| Category | Score | 2012 Rank | 2011 Rank |
|---|---|---|---|
| Cost of Doing Business | 152 | 32 | 21 |
| Workforce | 249 | 8 | 12 |
| Quality of Life | 222 | 16 | 26 |
| Infrastructure & Transportation | 160 | 33 | 10 |
| Economy | 192 | 10 | 8 |
| Education | 140 | 13 | 6 |
| Technology & Innovation | 152 | 14 | 11 |
| Business Friendliness | 176 | 3 | 2 |
| Access to Capital | 79 | 9 | 10 |
| Cost of Living | 31 | 20 | 24 |
| OVERALL | 1553 | 3 | 1 |
ECONOMIC PROFILE
Governor: Bob McDonnell (R)
Population: 8,096,604
GDP (per capita): $46,408
Number of S&P companies: 24
Top corporate tax rate: 6.00 percent
Top individual tax rate: 5.75 percent
Gasoline taxes/fees: 20.2 cents
Bond Rating/Outlook: Aaa/Negative
SAT scores (average): 1516/2400
Degree Granting Institutions (colleges/universities): 129
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
