America's Top States For Business 2012

#38 Alabama

Museum of Mobile, Mobile, Alabama
Barry Winiker | Photolibrary | Getty Images
Museum of Mobile, Mobile, Alabama
Category
Score
2012 Rank
2011 Rank
Cost of Doing Business 209 20 16
Workforce 173 26 16
Quality of Life 116 47 49
Infrastructure & Transportation 168 29 24
Economy 195 6 39
Education 69 43 44
Technology & Innovation 83 35 33
Business Friendliness 83 30 29
Access to Capital 26 41 35
Cost of Living 38 13 11
OVERALL 1160 38 41

ECONOMIC PROFILE

Governor: Robert Bentley (R)

GDP (per capita): $31,301

Number of S&P 500 companies: 1

Top corporate tax rate: 6.50 percent

Gasoline taxes/fees: 20.9 cents

Bond Rating/Outlook: Aa1/Stable

SAT scores (average): 1623/2400

Degree Granting Institutions (colleges/universities): 75

Sources: Census Bureau (2011), Standard & Poor's (2012), Tax Foundation (2012), American Petroleum Institute (2012), Bureau Labor Statistics (2011), National Center For Education Statistics (2011), Moody's (2012), CNBC

Top States For Business 2013