The Natural State offers low costs. But on health care, crime, and voting rights, you get what you pay for.
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Arkansas Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 285 | 4 | 3 | A |
| Infrastructure | 150 | 43 | 20 | D |
| Life, Health & Inclusion | 124 | 43 | -- | F |
| Workforce | 128 | 42 | 39 | F |
| Economy | 142 | 24 | 36 | B- |
| Business Friendliness | 85 | 34 | 37 | C- |
| Access to Capital | 58 | 37 | 33 | D- |
| Technology & Innovation | 53 | 42 | 44 | F |
| Education | 58 | 43 | 41 | D |
| Cost of Living | 71 | 4 | 3 | A+ |
| Overall | 1154 | 43 | 42 | -- |
Economic Profile
Governor: Asa Hutchinson, Republican
Population: 3,030,522
GDP growth (Q1 2021): 6.9%
Unemployment rate (May 2021): 4.4%
Top corporate tax rate: 6.2%
Top individual income tax rate: 5.9%
Gasoline tax: 24.80 cents/gallon
Bond rating: (Moody's/S&P): Aa1, stable/AA, stable
Major private employers: Tyson Foods, Wal-Mart Stores
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
