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
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Category
Score
2019 Rank
2018 Rank
Grade
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

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Features

Top States Past Year Rankings

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

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