Florida Score and Ranking
CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
---|---|---|---|---|
WORKFORCE | 236 | 15 | 6 | B- |
INFRASTRUCTURE | 227 | 14 | 13 | B |
ECONOMY | 340 | 1 | 4 | A+ |
LIFE, HEALTH & INCLUSION | 129 | 41 | 39 | D |
COST OF DOING BUSINESS | 155 | 26 | 30 | B- |
TECHNOLOGY & INNOVATION | 163 | 20 | 16 | C+ |
BUSINESS FRIENDLINESS | 92 | 26 | 39 | C- |
EDUCATION | 60 | 36 | 19 | C+ |
ACCESS TO CAPITAL | 30 | 16 | 22 | C+ |
COST OF LIVING | 15 | 36 | 27 | D |
OVERALL | 1447 | 8 | 11 |
Economic Profile
Governor: Ron DeSantis, RepublicanÂ
Population: 22,244,823
GDP growth (Q1 2023): 3.50%
Unemployment rate (May 2023): 2.60%
Top corporate tax rate: 5.50%
Top individual income tax rate: None
Gasoline tax: 61.95 cents/gallon
Bond rating (Moody's/S&P): Aaa, Stable/AAA, StableÂ
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