44. Maine

New England boasts a rich quality of life, but poor infrastructure makes it difficult to get around.

Wood Maine State flag
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Category
Score
2019 Rank
2018 Rank
Grade
Workforce 187 45 50 F
Economy 148 37 43 D+
Infrastructure 125 47 48 F
Cost of Doing Business 164 32 27 C+
Quality of Life 201 19 15 C+
Education 100 19 22 B-
Technology & Innovation 69 35 38 D
Business Friendliness 80 29 34 C-
Access to Capital 15 42 30 F
Cost of Living 12 39 38 D-
Overall 1101 44 45 -

Economic Profile

Governor: Janet T. Mills, Democrat

Population: 1,338,404

GDP growth (Q4 2018): 0.7%

Unemployment rate (May 2019): 3.3%

Top corporate tax rate: 8.93%

Top individual income tax rate: 7.15%

Gasoline tax: 30.01 cents/gallon

Bond rating (Moody's/S&P): Aa2, stable/AA, stable

Major private employers: Hannaford Brothers Co., Avangrid

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