×

45. Alaska

The Last Frontier is finding its way through an oil-induced fiscal crisis. Quality of life is strong if you don’t mind extremes.

Top States Alaska
Source: George Kavallines
Category
Score
2016 Rank
2015 Rank
Workforce 189 38 9
Cost of Doing Business 116 41 41
Infrastructure 160 37 38
Economy 125 41 49
Quality of Life 195 20 27 (Tie)
Technology & Innovation 76 41 47
Education 87 37 36 (Tie)
Business Friendliness 75 25 10
Cost of Living 9 45 47
Access to Capital 15 36 35
Overall 1047 45 47

Economic Profile

Governor: Bill Walker, Independent

Population: 738,432

GDP growth: -0.5 percent

Unemployment rate (May 2016): 6.7 percent

Top corporate tax rate: 9.4 percent

Top individual income tax rate: 0 percent

Gasoline tax: 30.65 cents/gallon

Bond rating/outlook: Aa1, negative

Major private employers: Providence Health & Services, General Communication

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, S&P Global Market Intelligence

Latest Special Reports

  • A globe-trotting look at the world of investing, from developed Europe and Asia trends to the least-traveled frontier markets.

  • Unlock the keys to building a successful long-term financial plan: manage your money, grow your money, and protect it.

  • Watch investments

    Covering the full set of tools and strategies for long-term investors: How to take everyday market fluctuations in stride, and when to know it’s time to take action or protect against a major economic shifts.