Iowa

12. Iowa

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Iowa Rating and Rating

CATEGORY  2022 SCORE  2022 RANK 2021 RANK  2022 GRADE 
WORKFORCE 228 20 37 C+
INFRASTRUCTURE 167 37 35 D
COST OF DOING BUSINESS 207 19 13 B+
ECONOMY 189 17 26 C+
LIFE, HEALTH & INCLUSION 231 10 5 B
TECHNOLOGY & INNOVATION 143 18 23 B-
BUSINESS FRIENDLINESS 94 28 34 D+
EDUCATION 89 24 20 C+
ACCESS TO CAPITAL 24 29 36 C-
COST OF LIVING 44 7 12 B+
OVERALL 1416 12 20

Financial Profile

Governor: Kim Reynolds, Republican

Inhabitants: 3,193,079

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GDP development (Q1 2022): -1.3%

Unemployment fee (Could 2022): 2.7%

High company tax fee: 9.8%

High particular person earnings tax fee: 8.53%

Gasoline tax: 30.00 cents/gallon

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Bond score (Moody’s/S&P): Aaa, steady/AAA, steady

Financial profile sources: U.S. Census Bureau, U.S. Bureau of Financial Evaluation, U.S. Bureau of Labor Statistics, Federation of Tax Directors, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody’s Investor Service, S&P World Market Intelligence

Extra protection of the 2022 America’s High States for Enterprise



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