50. Alaska

The Last Frontier stakes out new territory when it comes to costs, finishing last overall in this year’s rankings.

The Last Frontier stakes out new territory when it comes to costs, finishing last overall in this year's rankings.

Alaska Score and Ranking

Category 2021 Score 2021 Rank 2019 Rank 2021 Grade
Cost of Doing Business 82 48 48 F
Infrastructure 137 49 46 D-
Life, Health & Inclusion 216 19 C+
Workforce 179 27 27 C
Economy 66 47 38 F
Business Friendliness 128 16 20 B
Access to Capital 34 46 50 F
Technology & Innovation 58 39 41 D-
Education 49 47 49 F
Cost of Living 9 45 44 F
Overall 958 50 47

Economic Profile

Governor: Mike Dunleavy, Republican

Population: 731,158

GDP growth (Q1 2021): 5.4%

Unemployment rate (May 2021): 6.7%

Top corporate tax rate: 9.4%

Top individual income tax rate: None

Gasoline tax: 13.79 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

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