The Keystone State offers a rock-solid education system, but state finances are not exactly stable.
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Pennsylvania Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 216 | 28 | 30 | B- |
| Infrastructure | 217 | 13 | 24 | B |
| Life, Health & Inclusion | 175 | 33 | -- | D+ |
| Workforce | 189 | 22 | 31 | C+ |
| Economy | 98 | 41 | 39 | D+ |
| Business Friendliness | 67 | 39 | 29 | D+ |
| Access to Capital | 133 | 12 | 6 | B+ |
| Technology & Innovation | 113 | 14 | 13 | B+ |
| Education | 107 | 5 | 9 | A- |
| Cost of Living | 27 | 33 | 28 | D+ |
| Overall | 1342 | 23 | 28 | -- |
Economic Profile
Governor: Tom Wolf, Democrat
Population: 12,783,254
GDP growth (Q1 2021): 6%
Unemployment rate (May 2021): 6.9%
Top corporate tax rate: 9.99%
Top individual income tax rate: 3.07%
Gasoline tax: 58.70 cents/gallon
Bond rating (Moody's/S&P): Aa2, stable/A+, negative
Major private employers: Comcast
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
