America's Top States for Business 2026: See the full rankings and where your state finished

CNBC’s annual study once again puts all 50 states to the test, measuring them on 138 metrics, the most ever, across ten categories of competitiveness.

To rank America's Top States for Business in 2026, CNBC scored all 50 states on 138 metrics in 10 broad categories of competitiveness. The fundamentals of the study, now in its 20th year, remain the same: identifying the factors companies consider when making site selection decisions, and where states are focusing their economic development efforts to win jobs and business. Each category is weighted based on how frequently states use them as a selling point.

The Top States categories have been largely consistent since our first study in 2007, but we re-weight our categories annually to reflect market dynamics. The biggest change in 2026: Infrastructure is our top-weighted category, as companies pursue strategic locations close to transport hubs, top utilities, access to fresh water, and abundant energy to power things like advanced manufacturing and data centers. And they want it all without red tape. For the first time in 2026, we are factoring ease of permitting into our rankings.

Economy, last year's top category as President Donald Trump's second-term agenda took shape, slips to second place, followed by Workforce. A national skills gap remains, but the job market has cooled and AI has boosted productivity.

Under our methodology, states can earn a maximum of 2,500 points. The states with the most points are America's Top States for Business.

America's Top States for Business 2026

Overall State Infra- structure Economy Workforce Quality of Life Cost of Doing Business Technolgy & Innovation Business Friendliness Access to Capital Education Cost of Living
1 Ohio193518110169239
2 North Carolina131334208851235
3 Virginia2231072661110515
4 Texas122149532323230
5 Minnesota78274311416211022
6 Michigan924211541727132911
7 Georgia51794611152181335
8 Florida321123015103342948
9 Tennessee6117509207154515
10 Indiana42732482161020256
11 Washington16561247440113741
12 Illinois329312223124412741
13 Pennsylvania112139171754271711
14 Arizona822436352513184333
15 Massachusetts24162610498276139
16 Utah281354525265224526
17 California26317294614712050
18 New York1345019412493741
19 Iowa153738208231439236
20 Wyoming37143624293623525
21 Alabama1031144320222427413
22 Wisconsin24102940113026261315
23 Connecticut293425540192123444
23 South Carolina276836312838311937
25 Colorado3228101438629173749
26 Nebraska3626181017459372029
27 Kentucky17372230102932312514
28 Arkansas23201341173631273619
29 North Dakota34424692242145112
30 Idaho45141628283412404722
31 New Jersey413119338205013239
32 Delaware4171221412746254315
33 Nevada20192239343815234937
34 New Hampshire43431573645641926
35 Maine473933223382443528
36 Maryland17493012441333151630
37 Kansas314639361532334136
38 Missouri2129494452438193710
39 Oklahoma2141424133018334819
40 Vermont3735331374818422221
41 New Mexico29332032294035373233
42 Oregon17392422431843273445
43 Mississippi34364826134336354111
44 South Dakota444547331450346283
45 Montana48183635333540461830
46 West Virginia4048442427443049251
47 Louisiana3947454673248272922
48 Rhode Island46502816444037484045
49 Alaska49444126474720505022
50 Hawaii5024436504945443447