49. Hawaii

Quality of life in the Aloha State can’t be beat. But neither can costs, which are the highest in the nation.

Top States Hawaii
Source: George Kavallines
Category
Score
2016 Rank
2015 Rank
Workforce 165 48 46
Cost of Doing Business 45 50 50
Infrastructure 116 46 49
Economy 181 25 42 (Tie)
Quality of Life 295 1 1
Technology & Innovation 90 38 36 (Tie)
Education 74 43 45
Business Friendliness 27 46 44
Cost of Living 2 50 50
Access to Capital 14 37 37
Overall 1009 49 50

Economic Profile

Governor: David Ige, Democrat

Population: 1,431,603

GDP growth: 1.7 percent

Unemployment rate (May 2016): 3.2 percent

Top corporate tax rate: 6.4 percent

Top individual income tax rate: 8.25 percent

Gasoline tax: 60.39 cents/gallon

Bond rating/outlook: Aa2, positive

Major private employers: Bank of Hawaii, Corp., Hawaiian Electric Industries Inc.

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

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