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North Dakota Score and Ranking
| CATEGORYÂ | 2022 SCOREÂ | 2022 RANKÂ | 2021 RANKÂ | 2022 GRADEÂ |
|---|---|---|---|---|
| WORKFORCE | 209 | 31 | 38 | C |
| INFRASTRUCTURE | 202 | 21 | 17 | C+ |
| COST OF DOING BUSINESS | 201 | 21 | 18 | B+ |
| ECONOMY | 141 | 37 | 34 | D |
| LIFE, HEALTH & INCLUSION | 256 | 4 | 3 | B+ |
| TECHNOLOGY & INNOVATION | 98 | 35 | 42 | D |
| BUSINESS FRIENDLINESS | 170 | 1 | 34 | A+ |
| EDUCATION | 88 | 26 | 13 | C+ |
| ACCESS TO CAPITAL | 22 | 34 | 47 | D+ |
| COST OF LIVING | 27 | 24 | 25 | C+ |
| OVERALL | 1414 | 13 | 18 |
Economic Profile
Governor: Doug Burgum, Republican
Population: 774,948
GDP growth (Q1 2022): -6.3%
Unemployment rate (May 2022): 2.6%
Top corporate tax rate: 4.31%
Top individual income tax rate: 2.90%
Gasoline tax: 23 cents/gallon
Bond rating (Moody's/S&P): Aa1, stable/AA+, 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
Correction: North Dakota ranked 17th in Infrastructure and 38th in Workforce in 2021. An earlier version of this state profile page misstated those rankings.
