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16. Ohio

The infrastructure leads a host of advantages in the Buckeye State, but poor quality of life bucks that trend.

George Kavallines | CNBC
Category
Score
2017 Rank
2016 Rank
Workforce 264 31 43
Infrastructure 224 5 7
Cost of Doing Business 196 22 (Tie) 15 (Tie)
Economy 187 17 22
Quality of Life 123 40 34
Technology & Innovation 139 15 21
Education 125 15 (Tie) 13
Business Friendliness 53 37 (Tie) 37
Access to Capital 75 14 9
Cost of Living 33 18 9
Overall 1419 16 21

Economic Profile

Governor: John Kasich, Republican

Population: 11,614,373

GDP growth (Q4 2016): 1.9 percent

Unemployment rate (May 2017): 4.9 percent

Top corporate tax rate: None (levies a gross receipts tax)

Top individual income tax rate: 4.997 percent

Gasoline tax: 28.01 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa1, AA+ stable

Major private employers: Wal-Mart, Cleveland Clinic, Procter & Gamble

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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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