Top States for Business

50. Alaska

The Trans-Alaska Pipeline with the Brooks Range behind, Alaska.
Kyletperry | Getty Images

Alaska Score and Ranking

CATEGORY 2023 SCORE 2023 RANK 2022 RANK 2023 GRADE
WORKFORCE2122634C
INFRASTRUCTURE1294950F
ECONOMY575038F
LIFE, HEALTH & INCLUSION2062011C+
COST OF DOING BUSINESS804846D-
TECHNOLOGY & INNOVATION914350F
BUSINESS FRIENDLINESS1221212B
EDUCATION334949F
ACCESS TO CAPITAL64949F
COST OF LIVING193245D+
OVERALL9555049

Economic Profile

Governor: Mike Dunleavy, Republican 

Population: 733,583

GDP growth (Q1 2023): 1.60%

Unemployment rate (May 2023): 3.60%

Top corporate tax rate: 9.40%

Top individual income tax rate: None

Gasoline tax: 33.53 cents/gallon

Bond rating (Moody's/S&P): Aa3, Stable/AA-, Positive

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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence