Delaware
18. Delaware
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Delaware Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 275 | 4 | 5 | A |
| INFRASTRUCTURE | 216 | 19 | 20 | B- |
| ECONOMY | 247 | 10 | 22 | B |
| LIFE, HEALTH & INCLUSION | 202 | 21 | 24 | C+ |
| COST OF DOING BUSINESS | 95 | 42 | 37 | D |
| TECHNOLOGY & INNOVATION | 149 | 24 | 32 | C |
| BUSINESS FRIENDLINESS | 92 | 26 | 26 | C- |
| EDUCATION | 47 | 46 | 42 | D+ |
| ACCESS TO CAPITAL | 24 | 27 | 13 | C- |
| COST OF LIVING | 21 | 30 | 36 | C- |
| OVERALL | 1368 | 18 | 28 |
Economic Profile
Governor: John Carney, Democrat
Population: 1,018,396
GDP growth (Q1 2023): 1%
Unemployment rate (May 2023): 4.20%
Top corporate tax rate: 8.70%
Top individual income tax rate: 6.60%
Gasoline tax: 41.40 cents/gallon
Bond rating (Moody’s/S&P): Aaa, Stable/AAA, 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