29. North Dakota

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Oil derricks pump oil in a field in North Dakota. 

Category	Score	2018 Rank	2017 Rank	Grade
Workforce	225	30	12	C+
Infrastructure	227	14	17	B
Cost of Doing Business	175	29	29	C+
Economy	105	44	40	D
Quality of Life	233	4	4	A-
Technology & Innovation	63	42	39	F
Education	108	23	13 (Tie)	C+
Business Friendliness	115	6	4 (Tie)	B+
Access to Capital	10	46	47 (Tie)	F
Cost of Living	22	29	26	C-
Overall	1283	29	19	-

Economic Profile

Governor: Doug Burgum, Republican

Population: 755,393

GDP growth (Q4 2017): -1.3 percent

Unemployment rate (May 2018): 2.6 percent

Top corporate tax rate: 4.31 percent

Top individual income tax rate: 2.90 percent

Gasoline tax: 23 cents/gallon

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

Major private employers: Sanford-Health, MDU Resources Group

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

Overall Rankings 2018