35. Maryland

The Old Line State runs circles around much of the country for education and innovation. But high costs and burdensome regulations are barriers to business success.

Published 4:17 PM ET Tue, 24 June 2014 Updated 3:17 PM ET Wed, 2 July 2014 CNBC.com

Category	Score	2014 Rank	2013 Rank
Cost of Doing Business	104	45	41
Workforce	158	20 (Tie)	20
Quality of Life	149	26	25
Infrastructure & Transportation	140	39	46
Economy	229	24	33
Education	103	7	2
Technology & Innovation	240	7	9
Business Friendliness	59	42 (Tie)	45
Cost of Living	10	41	42
Access to Capital	12	27 (Tie)	9
Overall	1204	35	40

Economic Profile

Governor: Martin O'Malley, Democrat

Population: 5,928,814

GDP growth: 0.0 percent

Unemployment rate (May 2014): 5.5 percent

Top corporate tax rate: 8.25 percent

Top individual income tax rate: 5.75 percent

Gasoline tax: 45 cents/gallon

Bond rating/outlook: Aaa/stable

Major private employer: Johns Hopkins

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Maryland Dept of Business and Economic Development

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