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Iowa Score and Ranking
| CATEGORYÂ | 2022 SCOREÂ | 2022 RANK | 2021 RANKÂ | 2022 GRADEÂ |
|---|---|---|---|---|
| WORKFORCE | 228 | 20 | 37 | C+ |
| INFRASTRUCTURE | 167 | 37 | 35 | D |
| COST OF DOING BUSINESS | 207 | 19 | 13 | B+ |
| ECONOMY | 189 | 17 | 26 | C+ |
| LIFE, HEALTH & INCLUSION | 231 | 10 | 5 | B |
| TECHNOLOGY & INNOVATION | 143 | 18 | 23 | B- |
| BUSINESS FRIENDLINESS | 94 | 28 | 34 | D+ |
| EDUCATION | 89 | 24 | 20 | C+ |
| ACCESS TO CAPITAL | 24 | 29 | 36 | C- |
| COST OF LIVING | 44 | 7 | 12 | B+ |
| OVERALL | 1416 | 12 | 20 |
Economic Profile
Governor: Kim Reynolds, Republican
Population: 3,193,079
GDP growth (Q1 2022): -1.3%
Unemployment rate (May 2022): 2.7%
Top corporate tax rate: 9.8%
Top individual income tax rate: 8.53%
Gasoline tax: 30.00 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
