29. Nevada

The workforce in the Silver State is solid, and the economy is on the comeback trail. But the state’s education system remains among the worst in the country.

Category
Score
2014 Rank
2013 Rank
Cost of Doing Business 247 25 30
Workforce 177 14 13
Quality of Life 117 35 (Tie) 47
Infrastructure & Transportation 204 19 (Tie) 30
Economy 240 21 50
Education 35 49 50
Technology & Innovation 100 35 42
Business Friendliness 111 22 22
Cost of Living 21 30 17
Access to Capital 18 15 (Tie) 39
Overall 1270 29 45

Economic Profile

Governor: Brian Sandoval, Republican

Population: 2,790,136

GDP growth: 1.0 percent

Unemployment rate (May 2014): 8 percent

Top corporate tax rate: 0 percent

Top individual income tax rate: 0 percent

Gasoline tax: 52 cents/gallon

Bond rating/outlook: Aa2/stable

Major private employer: Wynn Las Vegas

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Nevada FY 2013 CAFR

  • Scott Cohn develops in-depth features, special reports and documentaries for CNBC and CNBC.com.

From the Governors

Latest Special Reports

  • Financial advisors stress that now is the time for investors to get serious about year-end financial planning checkup.

  • File photo: Participants at a hacking conference in Germany

    A series of high profile cyber attacks has created huge economic opportunity as businesses look to fend off future attacks.

  • Is an active twist on passive investing the right portfolio move? An inside look at the rise of ETF strategists.