Top States for Business

19. Iowa

Ihor Chopovskyi | Istock | Getty Images

Iowa Score and Ranking

CATEGORY 2026 SCORE 2026 RANK 2025 RANK 2026 GRADE
INFRASTRUCTURE2481519B-
ECONOMY1833739D+
WORKFORCE1553841D-
QUALITY OF LIFE1622016C+
COST OF DOING BUSINESS192811A-
TECHNOLOGY & INNOVATION1362329B-
BUSINESS FRIENDLINESS1371424B-
ACCESS TO CAPITAL373937D
EDUCATION512338C+
COST OF LIVING3669A-
OVERALL13371924

Economic Profile

Governor: Kim Reynolds, Republican

Population: 3,238,387

GDP growth (Q1 2026): -0.10%

Unemployment rate (May 2026): 3.20%

Top corporate tax rate: 7.10%

Top individual income tax rate: 3.80%

Gasoline tax: 48.4 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

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