Top States for Business 2021

17. Florida

The Sunshine State's infrastructure is solid. But poor health and an assault on voting rights cloud the picture.

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Florida Score and Ranking

Category 2021 Score 2021 Rank 2019 Rank 2021 Grade
Cost of Doing Business1993229C+
Life, Heath & Inclusion13240--F
Business Friendliness833712C-
Access to Capital15654A
Technology & Innovation852820C
Cost of Living352830C

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

America's Top States for Business 2021
Construction workers on the Frederick Douglass Memorial Bridge in Washington, D.C., on Wednesday, May 19, 2021.
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