Infrastructure in the Silver State is among the nation's best. But education and innovation can be scarce.
Nevada Score and Ranking
Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
---|---|---|---|---|
Cost of Doing Business | 217 | 27 | 15 | B- |
Infrastructure | 248 | 2 | 11 | A- |
Life, Health & Inclusion | 112 | 47 | -- | F |
Workforce | 181 | 24 | 48 | C |
Economy | 143 | 23 | 11 | B- |
Business Friendliness | 128 | 16 | 17 | B |
Access to Capital | 64 | 35 | 27 | D |
Technology & Innovation | 34 | 50 | 44 | F |
Education | 42 | 49 | 45 | F |
Cost of Living | 21 | 37 | 36 | D |
Overall | 1190 | 40 | 29 |
Economic Profile
Governor: Steve Sisolak, Democrat
Population: 3,138,259
GDP growth (Q1 2021): 10.9%
Unemployment rate (May 2021): 7.8%
Top corporate tax rate: None (levies a gross receipts tax)
Top individual income tax rate: None
Gasoline tax: 50.48 cents/gallon
Bond rating (Moody's/S&P): Aa1, negative/AA+, negative
Major private employers: Wynn Las Vegas, Las Vegas Sands
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