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New York Score and Ranking
| CATEGORY | 2026 SCORE | 2026 RANK | 2025 RANK | 2026 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 254 | 13 | 7 | B- |
| ECONOMY | 289 | 4 | 5 | A- |
| WORKFORCE | 118 | 50 | 44 | F |
| QUALITY OF LIFE | 163 | 19 | 18 | C+ |
| COST OF DOING BUSINESS | 105 | 41 | 45 | D+ |
| TECHNOLOGY & INNOVATION | 188 | 2 | 3 | A+ |
| BUSINESS FRIENDLINESS | 42 | 49 | 50 | F |
| ACCESS TO CAPITAL | 98 | 3 | 3 | A+ |
| EDUCATION | 70 | 7 | 8 | A- |
| COST OF LIVING | 17 | 41 | 45 | D+ |
| OVERALL | 1344 | 18 | 23 |
Economic Profile
Governor: Kathy Hochul, Democrat
Population: 20,002,427
GDP growth (Q1 2026): 0.90%
Unemployment rate (May 2026): 4.60%
Top corporate tax rate: 7.25%
Top individual income tax rate: 10.90%
Gasoline tax: 42.58 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
