The Sunshine State's infrastructure is solid. But poor health and an assault on voting rights cloud the picture.
Florida Score and Ranking
Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
---|---|---|---|---|
Cost of Doing Business | 199 | 32 | 29 | C+ |
Infrastructure | 234 | 5 | 12 | B+ |
Life, Heath & Inclusion | 132 | 40 | -- | F |
Workforce | 206 | 12 | 15 | B- |
Economy | 161 | 11 | 10 | B+ |
Business Friendliness | 83 | 37 | 12 | C- |
Access to Capital | 156 | 5 | 4 | A |
Technology & Innovation | 85 | 28 | 20 | C |
Education | 78 | 27 | 39 | C+ |
Cost of Living | 35 | 28 | 30 | C |
Overall | 1369 | 17 | 12 | -- |
Economic Profile
Governor: Ron DeSantis, Republican
Population: 21,733,312
GDP growth (Q1 2021): 7%
Unemployment rate (May 2021): 4.9%
Top corporate tax rate: 4.46%
Top individual income tax rate: None
Gasoline tax: 42.46 cents/gallon
Bond rating: (Moody's/S&P): Aaa, stable/AAA, stable
Major private employers: Walt Disney World Resort, Universal Orlando Resort, NextEra Energy, Inc.
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