Top States for Business

36. North Dakota

Peter Unger | Stone | Getty Images

North Dakota Score and Ranking

CATEGORY 2023 SCORE 2023 RANK 2022 RANK 2023 GRADE
WORKFORCE1804331D
INFRASTRUCTURE2072521C+
ECONOMY1084637F
LIFE, HEALTH & INCLUSION208184C+
COST OF DOING BUSINESS1472921C+
TECHNOLOGY & INNOVATION894435F
BUSINESS FRIENDLINESS15911A+
EDUCATION722126B
ACCESS TO CAPITAL164134D
COST OF LIVING331724B
OVERALL12193613

Economic Profile

Governor: Doug Burgum, Republican 

Population: 779,261

GDP growth (Q1 2023): 12.40%

Unemployment rate (May 2023): 2.10%

Top corporate tax rate: 4.31%

Top individual income tax rate: 2.90%

Gasoline tax: 41.40 cents/gallon

Bond rating (Moody's/S&P): Aa1, Stable/AA+, Stable

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