The Centennial State features a tech-savvy workforce worth celebrating, but high costs can be a downer.
Colorado Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 154 | 38 | 37 | D+ |
| Infrastructure | 198 | 22 | 35 | C+ |
| Life, Health & Inclusion | 232 | 14 | -- | B- |
| Workforce | 245 | 2 | 8 | A |
| Economy | 164 | 9 | 21 | B+ |
| Business Friendliness | 96 | 29 | 11 | C |
| Access to Capital | 122 | 16 | 11 | B |
| Technology & Innovation | 127 | 6 | 7 | A- |
| Education | 76 | 30 | 17 | C+ |
| Cost of Living | 26 | 34 | 34 | D+ |
| Overall | 1440 | 8 | 9 | -- |
Economic Profile
Governor: Jared Polis, Democrat
Population: 5,807,719
GDP growth (Q1 2021): 7.9%
Unemployment rate (May 2021): 6.2%
Top corporate tax rate: 4.55%
Top individual income tax rate: 4.55%
Gasoline tax: 22 cents/gallon
Bond rating: (Moody's/S&P): Aa1, stable/AA, stable
Major private employers: Wal-Mart, Centura Health, Dish Network Corp.
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
