Low cost of living in the Sunflower State helps workforce thrive, but an uneven economy can dampen growth.
Kansas Score and Ranking
Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
---|---|---|---|---|
Cost of Doing Business | 240 | 16 | 23 | B+ |
Infrastructure | 198 | 22 | 3 | C+ |
Life, Health & Inclusion | 177 | 32 | -- | D+ |
Workforce | 158 | 32 | 21 | D+ |
Economy | 89 | 43 | 32 | D |
Business Friendliness | 132 | 15 | 8 | B+ |
Access to Capital | 75 | 29 | 28 | D+ |
Technology & Innovation | 75 | 34 | 31 | D+ |
Education | 91 | 16 | 21 | B- |
Cost of Living | 74 | 2 | 8 | A+ |
Overall | 1309 | 28 | 19 | -- |
Economic Profile
Governor: Laura Kelly, Democrat
Population: 2,913,805
GDP growth (Q1 2021): 7.3%
Unemployment rate (May 2021): 3.5%
Top corporate tax rate: 4%
Top individual income tax rate: 5.7%
Gasoline tax: 24.03 cents/gallon
Bond rating (Moody's/S&P): Aa2, stable/AA-, stable
Major private employers: Cessna Aircraft Corporation, Sprint Corporation
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