47. Alaska

The Last Frontier is rugged territory with high costs and poor infrastructure. But there is no other place like it.

Alaska State Flag painted on luxury crocodile texture
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Category
Score
2019 Rank
2018 Rank
Grade
Workforce 239 27 33 C-
Economy 147 38 50 D+
Infrastructure 128 46 34 D-
Cost of Doing Business 79 48 47 F
Quality of Life 180 23 25 C
Education 48 49 45 F
Technology & Innovation 52 41 45 F
Business Friendliness 100 20 14 C+
Access to Capital 3 50 49 F
Cost of Living 7 44 46 F
Overall 983 47 50 -

Economic Profile

Governor: Mike Dunleavy, Republican

Population: 737,438

GDP growth (Q4 2018): 4.9%

Unemployment rate (May 2019): 6.4%

Top corporate tax rate: 9.4%

Top individual income tax rate: None

Gasoline tax: 14.34 cents/gallon

Bond rating: (Moody's/S&P): Aa3, stable/AA, stable

Major private employers: Providence Health & Services, General Communication

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 cents/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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