35. Kansas

The Sunflower State’s friendly regulations should let businesses grow. But a bad economy is stunting their growth.

Hard red winter wheat is harvested with a CNH Industrial New Holland combine harvester in this aerial photograph taken above Plainville, Kansas.
Daniel Acker | Bloomberg | Getty Images
Hard red winter wheat is harvested with a CNH Industrial New Holland combine harvester in this aerial photograph taken above Plainville, Kansas.
Category
Score
2018 Rank
2017 Rank
Grade
Workforce 193 38 33 (Tie) C-
Infrastructure 227 14 12 (Tie) B
Cost of Doing Business 177 27 21 B-
Economy 84 48 46 D-
Quality of Life 145 28 35 D+
Technology & Innovation 110 29 31 (Tie) C
Education 121 18 18 B-
Business Friendliness 110 9 15 B+
Access to Capital 27 40 36 (Tie) D-
Cost of Living 44 7 8 A
Overall 1238 35 34 -

Economic Profile

Governor: Jeff Colyer, Republican

Population: 2,913,123

GDP growth (Q4 2017): 2.3 percent

Unemployment rate (May 2018): 3.4 percent

Top corporate tax rate: 4 percent

Top individual income tax rate: 5.7 percent

Gasoline tax: 24.03 cents/gallon

Bond rating (Moody's/S&P): Aa2, stable/AA-, Stable

Major private employers: Cessna Aircraft Corporation, Sprint Corporation

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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