The Land of Lincoln's infrastructure is best. But the state's finances, while showing signs of improvement, are troubled.
Illinois Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 208 | 29 | 34 | C+ |
| Infrastructure | 272 | 1 | 16 | A+ |
| Life, Health & Inclusion | 198 | 24 | -- | C |
| Workforce | 191 | 19 | 12 | C+ |
| Economy | 59 | 48 | 45 | F |
| Business Friendliness | 29 | 48 | 40 | F |
| Access to Capital | 160 | 3 | 5 | A |
| Technology & Innovation | 114 | 13 | 11 | B+ |
| Education | 100 | 10 | 33 | B+ |
| Cost of Living | 45 | 21 | 22 | B- |
| Overall | 1376 | 15 | 30 | -- |
Economic Profile
Governor: J.B. Pritzker, Democrat
Population: 12,587,530
GDP growth (Q1 2021): 6.4%
Unemployment rate (May 2021): 7.1 %
Top corporate tax rate: 9.5%
Top individual income tax rate: 4.95%
Gasoline tax: 52.16 cents/gallon
Bond rating (Moody's/S&P): Baa2, stable/BBB, stable
Major private employers: McDonald's 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
