The Evergreen State is welcoming, and one of the easiest to vote in. But high costs will leave you low on funds.
Washington Score and Ranking
Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
---|---|---|---|---|
Cost of Doing Business | 168 | 36 | 32 | C- |
Workforce | 183 | 7 | 3 | C |
Life, Health & Inclusion | 260 | 7 | -- | B+ |
Infrastructure | 231 | 29 | 39 | A- |
Business Friendliness | 150 | 16 | 35 | B |
Access to Capital | 67 | 39 | 9 | D+ |
Economy | 135 | 11 | 5 | B+ |
Technology & Innovation | 132 | 4 | 2 | A |
Education | 93 | 14 | 11 | B |
Cost of Living | 20 | 38 | 38 | D- |
Overall | 1439 | 9 | 5 | -- |
Economic Profile
Governor: Jay Inslee, Democrat
Population: 7,693,612
GDP growth (Q1 2021): 6%
Unemployment rate (May 2021): 5.3%
Top corporate tax rate: None (levies a gross receipts tax)
Top individual income tax rate: None
Gasoline tax: 49.40 cents/gallon
Bond rating (S&P): AA+, stable
Major private employers: Costco Wholesale, Microsoft
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