Easy regulations help in the Cowboy State, but it can be tough to land the capital you need.
Wyoming Score and Ranking
Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
---|---|---|---|---|
Cost of Doing Business | 229 | 25 | 15 | B |
Infrastructure | 183 | 29 | 15 | C |
Life, Health & Inclusion | 203 | 22 | -- | C |
Workforce | 157 | 34 | 35 | D+ |
Economy | 89 | 43 | 27 | D |
Business Friendliness | 164 | 4 | 24 | A |
Access to Capital | 22 | 49 | 48 | F |
Technology & Innovation | 57 | 40 | 49 | D- |
Education | 92 | 15 | 15 | B- |
Cost of Living | 47 | 20 | 10 | B- |
Overall | 1243 | 36 | 26 | -- |
Economic Profile
Governor: Mark Gordon, Republican
Population: 582,328
GDP growth (Q1 2021): 5.1%
Unemployment rate (May 2021): 5.4%
Top corporate tax rate: None
Top individual income tax rate: None
Gasoline tax: 24 cents/gallon
Bond rating (S&P): AA, stable
Major private employers: Rio Tinto Energy America, Cloud Peak Energy
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