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Virginia Score and Ranking
| CATEGORY | 2026 SCORE | 2026 RANK | 2025 RANK | 2026 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 322 | 2 | 2 | A+ |
| ECONOMY | 220 | 23 | 14 | C |
| WORKFORCE | 218 | 10 | 14 | B- |
| QUALITY OF LIFE | 189 | 7 | 8 | B+ |
| COST OF DOING BUSINESS | 149 | 26 | 31 | C+ |
| TECHNOLOGY & INNOVATION | 164 | 6 | 8 | A- |
| BUSINESS FRIENDLINESS | 149 | 11 | 7 | B |
| ACCESS TO CAPITAL | 83 | 10 | 10 | B+ |
| EDUCATION | 71 | 5 | 1 | A- |
| COST OF LIVING | 30 | 15 | 21 | B |
| OVERALL | 1595 | 3 | 4 |
Economic Profile
Governor: Abigail Spanberger, Democrat
Population: 8,880,107
GDP growth (Q1 2026): 0.50%
Unemployment rate (May 2026): 3.80%
Top corporate tax rate: 6.00%
Top individual income tax rate: 5.75%
Gasoline tax: 60.00 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
