Top States for Business 2022

35. New Hampshire

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New Hampshire Score and Ranking

CATEGORY 2022 SCORE 2022 RANK 2021 Rank 2021 Grade
WORKFORCE2252230C+
INFRASTRUCTURE1364745F
COST OF DOING BUSINESS1583235C+
ECONOMY1592937D+
LIFE, HEALTH & INCLUSION2011511C+
TECHNOLOGY & INNOVATION923918D-
BUSINESS FRIENDLINESS140813B+
EDUCATION11264A-
ACCESS TO CAPITAL94840F
COST OF LIVING143736D
OVERALL12463537

Economic Profile

Governor: Chris Sununu, Republican

Population: 1,388,992

GDP growth (Q1 2022): 1.2%

Unemployment rate (May 2022): 2.1%

Top corporate tax rate: 7.6%

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

Gasoline tax: 23.83 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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

Snow is cleared on a runway as a plane taxis into Manchester-Boston Regional Airport in Manchester, N.H.
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