Top States for Business

40. New Hampshire

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New Hampshire Score and Ranking

CATEGORY 2023 SCORE 2023 RANK 2022 RANK 2023 GRADE
WORKFORCE2013422D+
INFRASTRUCTURE1574247D-
ECONOMY1324429D
LIFE, HEALTH & INCLUSION2181515B-
COST OF DOING BUSINESS1183632C-
TECHNOLOGY & INNOVATION1223539D+
BUSINESS FRIENDLINESS13648A-
EDUCATION7986A-
ACCESS TO CAPITAL213248D+
COST OF LIVING134037D-
OVERALL11974035

Economic Profile

Governor: Chris Sununu, Republican

Population: 1,395,231

GDP growth (Q1 2023): 1.30%

Unemployment rate (May 2023): 1.90%

Top corporate tax rate: 7.50%

Top individual income tax rate: 5% (on dividends and interest income only)

Gasoline tax: 42.23 cents/gallon

Bond rating (Moody's/S&P): Aa1, 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