22. Oregon

The Beaver State's economy is grabbing headlines, but it's one of the most expensive places to live and work.

Flag of Oregon stenciled on wood
Getty Images
2019 Rank
2018 Rank
Workforce 253 19 19 C
Economy 267 7 12 A-
Infrastructure 185 22 28 B-
Cost of Doing Business 167 31 32 C+
Quality of Life 204 16 18 C+
Education 76 36 29 D+
Technology & Innovation 116 12 14 B+
Business Friendliness 50 43 38 D-
Access to Capital 44 23 20 C+
Cost of Living 6 45 45 F
Overall 1368 22 19 -

Economic Profile

Governor: Kate Brown, Democrat

Population: 4,190,713

GDP growth (Q4 2018): 1.3%

Unemployment rate (May 2019): 4.2%

Top corporate tax rate: 7.6%

Top individual income tax rate: 9.9%

Gasoline tax: 36.77 cents/gallon

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

Major private employers: Intel Corp., Nike

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

Best | Worst

  • HOUSTON, TX - MARCH 26: United States fans celebrate with a USA banner in game action during a friendly International match between Chile and the United States on March 26, 2019 at BBVA Compass Stadium in Houston, TX. (Photo by Robin Alam/Icon Sportswire via Getty Images)

    The war between the states for business and jobs has never been more intense, with states paying staggering amounts of taxpayer dollars to woo companies. Here is the ranking of America's Top States for Business in 2019, released by CNBC today.

  • Railroad tracks leading into the historic train depot in Santa Fe, New Mexico.

    By the numbers, these are America's worst states for business, according to a 2019 CNBC ranking released today. They received low marks for the quality of their workforce, business-friendliness, education and economic growth.

  • Parents hold baby's hands.  Happy family in park evening

    Analyzing the data from the CNBC America's Top States for Business study, we reveal the 10 states that get the highest marks for low crime, inclusiveness, a strong health system and a healthy environment.


Top States Past Year Rankings

  • CNBC unveils its 12th annual America's Top States for Business study. See where your state ranks in 2018.

  • CNBC unveils its 11th annual America's Top States for Business ranking for 2017, scoring all 50 states on 10 key measures of competitiveness.

  • Top States promos Arm Wrestling

    CNBC unveils its 10th annual America's Top States for Business ranking, scoring all 50 states on 10 key measures of competitiveness.