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America's Top States For Business 2012

#3 Virginia

Charleston, West 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

Top States For Business 2012

Top States For Business 2013

Top States For Business 2011