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8. Nebraska

Solid growth, low costs and great schools are evident in the Cornhusker State, but so is its lack of business capital.

Nebraska flag with wood texture
btgbtg | iStock | Getty Images
Category
Score
2019 Rank
2018 Rank
Grade
Workforce 241 26 22 C-
Economy 250 9 37 B+
Infrastructure 185 22 29 B-
Cost of Doing Business 248 5 2 A+
Quality of Life 206 15 11 C+
Education 121 6 3 A-
Technology & Innovation 75 33 31 D+
Business Friendliness 126 10 12 B+
Access to Capital 17 41 33 D-
Cost of Living 34 17 15 B
Overall 1503 8 14 -

Economic Profile

Governor: Pete Ricketts, Republican

Population: 1,929,268

GDP growth (Q4 2018): 2.2%

Unemployment rate (May 2019): 3%

Top corporate tax rate: 7.81%

Top individual income tax rate: 6.84%

Gasoline tax: 30.50 cents/gallon

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

Major private employers: Wal-Mart, Berkshire Hathaway

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

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