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Delaware Score and Ranking
| CATEGORYÂ | 2022 SCOREÂ | 2022 RANK | 2021 RANKÂ | 2022 GRADEÂ |
|---|---|---|---|---|
| WORKFORCE | 277 | 5 | 14 | A- |
| INFRASTRUCTURE | 203 | 20 | 8 | C+ |
| COST OF DOING BUSINESS | 139 | 37 | 34 | C |
| ECONOMY | 171 | 22 | 8 | C- |
| LIFE & HEALTH | 166 | 24 | 35 | C- |
| TECHNOLOGY & INNOVATION | 114 | 32 | 20 | C- |
| BUSINESS FRIENDLINESS | 97 | 26 | 13 | D+ |
| EDUCATION | 71 | 42 | 39 | D+ |
| ACCESS TO CAPITAL | 30 | 13 | 38 | C+ |
| COST OF LIVING | 15 | 36 | 35 | D |
| OVERALL | 1283 | 28 | 27 |
Economic Profile
Governor: John C. Carney Jr., Democrat
Population: 1,003,384
GDP growth (Q1 2022): -1.4%
Unemployment rate (May 2022): 4.5%
Top corporate tax rate: 8.7%
Top individual income tax rate: 6.6%
Gasoline tax: 23 cents/gallon
Bond rating: (Moody's/S&P): Aaa, stable/AAA, stable
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
