Top States for Business

14. Arizona

Ronniechua | Istock | Getty Images

Arizona Score and Ranking

CATEGORY 2026 SCORE 2026 RANK 2025 RANK 2026 GRADE
INFRASTRUCTURE27383B+
ECONOMY2302213C+
WORKFORCE24546A-
QUALITY OF LIFE1223639D+
COST OF DOING BUSINESS1303532C-
TECHNOLOGY & INNOVATION1302520C+
BUSINESS FRIENDLINESS1391317B-
ACCESS TO CAPITAL611825C+
EDUCATION394347D+
COST OF LIVING213339C-
OVERALL13901412

Economic Profile

Governor: Katie Hobbs, Democrat

Population: 7,623,818

GDP growth (Q1 2026): 1.40%

Unemployment rate (May 2026): 4.80%

Top corporate tax rate: 4.90%

Top individual income tax rate: 2.50%

Gasoline tax: 37.40 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

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.