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
Getty Images
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