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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 2013