19. Indiana

The Hoosier State offers a well-developed infrastructure and a welcoming regulatory climate. But pollution hurts the state’s quality of life, and access to capital is limited.

Published 4:17 PM ET Tue, 24 June 2014 Updated 3:22 PM ET Wed, 2 July 2014 CNBC.com

Category	Score	2014 Rank	2013 Rank
Cost of Doing Business	264	21	26
Workforce	142	27 (Tie)	27
Quality of Life	85	44	39
Infrastructure & Transportation	240	7	5
Economy	210	30	32
Education	92	15 (Tie)	13
Technology & Innovation	150	25	24
Business Friendliness	150	11 (Tie)	10
Cost of Living	44	7 (Tie)	6
Access to Capital	7	37 (Tie)	25
Overall	1384	19	18

Economic Profile

Governor: Mike Pence, Republican

Population: 6,570,902

GDP growth: 2.1 percent

Unemployment rate (May 2014): 5.7 percent

Top corporate tax rate: 7 percent

Top individual income tax rate: 3.4 percent

Gasoline tax: 59 cents/gallon

Bond rating/outlook: Aaa/stable

Major private employer: Wal-Mart

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Indiana FY 2013 CAFR

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