38. Delaware

The First State maintains a tradition of business friendliness, but access to capital is limited and costs are on the high side.

Category
Score
2015 Rank
2014 Rank
Workforce 240 14 (Tie) 34
Cost of Doing Business 118 38 (Tie) 36
Infrastructure 130 39 (Tie) 44
Economy 178 26 (Tie) 32
Quality of Life 156 30 29
Technology & Innovation 141 22 23
Education 83 38 24
Business Friendliness 122 4 1
Cost of Living 21 37 36
Access to Capital 4 47 44
Overall 1193 38 38

Economic Profile

Governor: Jack Markell, Democrat

Population: 935,614

GDP growth: 1.2 percent

Unemployment rate (May 2015): 4.6 percent

Top corporate tax rate: 8.7 percent

Top individual income tax rate: 6.6 percent

Gasoline tax: 46 cents/gallon

Bond rating/outlook: Aa3/stable

Major private employer: Christiana Care Health Systems

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Delaware Book of Lists

FULL LIST: 2015 TOP STATES FOR BUSINESS

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