19. Oregon

The Beaver State has a great economy, but heavy regulation holds back business success.

A woman runs along a bridge in Portland, Oregon.
Erik Isakson | Getty Images
A woman runs along a bridge in Portland, Oregon.
Category
Score
2018 Rank
2017 Rank
Grade
Workforce 241 19 30 B
Infrastructure 200 28 20 (Tie) C+
Cost of Doing Business 163 32 28 C+
Economy 211 12 10 (Tie) B+
Quality of Life 193 18 12 C+
Technology & Innovation 149 14 14 B+
Education 96 29 27 C-
Business Friendliness 54 38 41 D+
Access to Capital 62 20 22 B-
Cost of Living 6 45 39 F
Overall 1375 19 17 -

Economic Profile

Governor: Kate Brown, Democrat

Population: 4,142,776

GDP growth (Q4 2017): 3.7 percent

Unemployment rate (May 2018): 4.1 percent

Top corporate tax rate: 7.6 percent

Top individual income tax rate: 9.9 percent

Gasoline tax: 36.77 cents/gallon

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

Major private employers: Intel Corp., Nike

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

Top States Past Year Rankings

  • CNBC unveils its 11th annual America's Top States for Business ranking for 2017, scoring all 50 states on 10 key measures of competitiveness.

  • Top States promos Arm Wrestling

    CNBC unveils its 10th annual America's Top States for Business ranking, scoring all 50 states on 10 key measures of competitiveness.

  • Top States 2015

    CNBC unveils its 9th annual America's Top States for Business. See where your state ranks.

Latest Special Reports

  • Featuring top lawmakers, CEOs and administration officials, Capital Exchange focuses on how business and government can better collaborate to create jobs and economic growth.

  • A look at 50 private companies set to reshape the business landscape.

  • Frontline insights and unique views on key issues and challenges facing today’s CFOs.