4. Virginia

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An amphibious transport dock ship Pre-Commissioning Unit (PCU) Arlington (LPD 24) is positioned at its berth at its new homeport of Naval Station Norfolk,Virgina.

Category	Score	2018 Rank	2017 Rank	Grade
Workforce	304	3	2	A+
Infrastructure	207	20	25	C+
Cost of Doing Business	161	34	35	C+
Economy	208	13	20	B+
Quality of Life	190	19	17	C+
Technology & Innovation	141	15	16	B
Education	147	6	13	A-
Business Friendliness	116	5	7	B+
Access to Capital	77	13	13	B+
Cost of Living	18	33	28	D+
Overall	1569	4	7	-

Economic Profile

Governor: Ralph Northam, Democrat

Population: 8,470,020

GDP growth (Q4 2017): 2.5 percent

Unemployment rate (May 2018): 3.2 percent

Top corporate tax rate: 6 percent

Top individual income tax rate: 5.75 percent

Gasoline tax: 22.40 cents/gallon

Bond rating (Moody's/S&P): Aaa, stable/AAA, stable

Major private employers: Wal-Mart, Huntington Ingalls Industries, Altria 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