Business Climate
IA
9
State Competitiveness Ranking (Ranking 1-50 1=Best)
State Competitiveness Ranking
MN
5
State Competitiveness Ranking (Ranking 1-50 1=Best)
State Competitiveness Ranking
NE
6
State Competitiveness Ranking (Ranking 1-50 1=Best)
State Competitiveness Ranking
MO
30
State Competitiveness Ranking (Ranking 1-50 1=Best)
State Competitiveness Ranking
IL
34
State Competitiveness Ranking (Ranking 1-50 1=Best)
State Competitiveness Ranking
Beacon Hill Institute, 2010
IA
1
Cost of Doing Business Ranking (1 = lowest)
Cost of Doing Business Ranking
(1=lowest)
MO
5
Cost of Doing Business Ranking (1 = lowest)
Cost of Doing Business Ranking
(1=lowest)
NE
18
Cost of Doing Business Ranking (1 = lowest)
Cost of Doing Business Ranking
(1=lowest)
MN
31
Cost of Doing Business Ranking (1 = lowest)
Cost of Doing Business Ranking
(1=lowest)
IL
35
Cost of Doing Business Ranking (1 = lowest)
Cost of Doing Business Ranking
(1=lowest)
America's Top State for Business-CNBC 2010
Workforce
IA
6.1
Unemployment Rate for States - November 2010(Not Seasonally Adjusted)
Unemployment Rates for States
NE
4.0
Unemployment Rate for States - November 2010(Not Seasonally Adjusted)
Unemployment Rates for States
MN
6.6
Unemployment Rate for States - November 2010(Not Seasonally Adjusted)
Unemployment Rates for States
IL
9.2
Unemployment Rate for States - November 2010(Not Seasonally Adjusted)
Unemployment Rates for States
MO
9.3
Unemployment Rate for States - November 2010(Not Seasonally Adjusted)
Unemployment Rates for States
Dept. of Labor, Bureau of Labor Statistics - November 2010
Operating Costs
IA
5.22
Average Electric Prices - Industrial - October 2010 (in cents per kWh) (US Average 6.85)
Avg. Electric price - Industrial
(in cents)
MO
5.34
Average Electric Prices - Industrial - October 2010 (in cents per kWh) (US Average 6.85)
Avg. Electric price - Industrial
(in cents)
NE
5.80
Average Electric Prices - Industrial - October 2010 (in cents per kWh) (US Average 6.85)
Avg. Electric price - Industrial
(in cents)
MN
6.16
Average Electric Prices - Industrial - October 2010 (in cents per kWh) (US Average 6.85)
Avg. Electric price - Industrial
(in cents)
IL
7.22
Average Electric Prices - Industrial - October 2010 (in cents per kWh) (US Average 6.85)
Avg. Electric price - Industrial
(in cents)
Energy Information Administration/Electric Power Monthly - October 2010
IA
7.60
Average Electric Prices - Commercial - October 2010 (in cents per kWh)(US Average 10.23)
Avg. Electric Price -Commercial
(in cents)
MO
7.16
Average Electric Prices - Commercial - October 2010 (in cents per kWh)(US Average 10.23)
Avg. Electric Price -Commercial
(in cents)
NE
7.62
Average Electric Prices - Commercial - October 2010 (in cents per kWh)(US Average 10.23)
Avg. Electric Price -Commercial
(in cents)
IL
7.90
Average Electric Prices - Commercial - October 2010 (in cents per kWh)(US Average 10.23)
Avg. Electric Price -Commercial
(in cents)
MN
8.14
Average Electric Prices - Commercial - October 2010 (in cents per kWh)(US Average 10.23)
Avg. Electric Price -Commercial
(in cents)
Energy Information Administration/Electric Power Monthly - October 2010
IA
$6.23
Average Gas Price-Industrial - 2009 ($ per 1000 cubic feet) (US Average 5.33)
Avg. Gas Price - Industrial (in
dollars)
MN
$5.66
Average Gas Price-Industrial - 2009 ($ per 1000 cubic feet) (US Average 5.33)
Avg. Gas Price - Industrial (in
dollars)
NE
$6.02
Average Gas Price-Industrial - 2009 ($ per 1000 cubic feet) (US Average 5.33)
Avg. Gas Price - Industrial (in
dollars)
IL
$7.31
Average Gas Price-Industrial - 2009 ($ per 1000 cubic feet) (US Average 5.33)
Avg. Gas Price - Industrial (in
dollars)
MO
$9.55
Average Gas Price-Industrial - 2009 ($ per 1000 cubic feet) (US Average 5.33)
Avg. Gas Price - Industrial (in
dollars)
Energy Information Administration, Natural Gas Annual 2010
IA
$7.88
Average Gas Price - Commercial - 2009($ per 1000 Cubic feet)(US Average 10.06)
Avg. Gas Price - Commercial (in
dollars)
NE
$7.44
Average Gas Price - Commercial - 2009($ per 1000 Cubic feet)(US Average 10.06)
Avg. Gas Price - Commercial (in
dollars)
MN
$7.96
Average Gas Price - Commercial - 2009($ per 1000 Cubic feet)(US Average 10.06)
Avg. Gas Price - Commercial (in
dollars)
IL
$8.65
Average Gas Price - Commercial - 2009($ per 1000 Cubic feet)(US Average 10.06)
Avg. Gas Price - Commercial (in
dollars)
MO
$10.80
Average Gas Price - Commercial - 2009($ per 1000 Cubic feet)(US Average 10.06)
Avg. Gas Price - Commercial (in
dollars)
Education
IA
22.2
ACT Average Composites (US Average 21.0)
ACT Scores
IL
20.7
ACT Average Composites (US Average 21.0)
ACT Scores
MO
21.6
ACT Average Composites (US Average 21.0)
ACT Scores
NE
22.1
ACT Average Composites (US Average 21.0)
ACT Scores
MN
22.9
ACT Average Composites (US Average 21.0)
ACT Scores
The American College Testing Program, 2010
IA
1813
SAT Total Scores (Mean Reading, Math, and Writing Combined)(US Average 1509)
SAT Scores (Combined Mean Reading,
Math, and Writing)
NE
1753
SAT Total Scores (Mean Reading, Math, and Writing Combined)(US Average 1509)
SAT Scores (Combined Mean Reading,
Math, and Writing)
IL
1775
SAT Total Scores (Mean Reading, Math, and Writing Combined)(US Average 1509)
SAT Scores (Combined Mean Reading,
Math, and Writing)
MO
1779
SAT Total Scores (Mean Reading, Math, and Writing Combined)(US Average 1509)
SAT Scores (Combined Mean Reading,
Math, and Writing)
MN
1782
SAT Total Scores (Mean Reading, Math, and Writing Combined)(US Average 1509)
SAT Scores (Combined Mean Reading,
Math, and Writing)
The College Board, 2009
IA
90.5%
Percentage of Population Completing High School (25 yrs and including Equivalency (US Average 85.3%)
Educational Attainment of the
Population - High School
IL
86.4%
Percentage of Population Completing High School (25 yrs and including Equivalency (US Average 85.3%)
Educational Attainment of the
Population - High School
MO
86.8%
Percentage of Population Completing High School (25 yrs and including Equivalency (US Average 85.3%)
Educational Attainment of the
Population - High School
NE
89.8%
Percentage of Population Completing High School (25 yrs and including Equivalency (US Average 85.3%)
Educational Attainment of the
Population - High School
MN
91.5%
Percentage of Population Completing High School (25 yrs and including Equivalency (US Average 85.3%)
Educational Attainment of the
Population - High School
U.S. Census Bureau - 2009 American Community Survey
IA
25.1
Percentge of the Population with Bachelor's Degree or More (25 yrs and older) (US Average 27.9%)
Educational Attainment of the
Population - College
MO
25.2
Percentge of the Population with Bachelor's Degree or More (25 yrs and older) (US Average 27.9%)
Educational Attainment of the
Population - College
NE
27.4
Percentge of the Population with Bachelor's Degree or More (25 yrs and older) (US Average 27.9%)
Educational Attainment of the
Population - College
IL
30.6
Percentge of the Population with Bachelor's Degree or More (25 yrs and older) (US Average 27.9%)
Educational Attainment of the
Population - College
MN
31.5
Percentge of the Population with Bachelor's Degree or More (25 yrs and older) (US Average 27.9%)
Educational Attainment of the
Population - College
U.S. Census Bureau, 2009 American Community Survey
IA
15
ACT Average Composite Score Rank
ACT Average Composite Score Rank
MN
10
ACT Average Composite Score Rank
ACT Average Composite Score Rank
NE
17
ACT Average Composite Score Rank
ACT Average Composite Score Rank
MO
27
ACT Average Composite Score Rank
ACT Average Composite Score Rank
IL
34
ACT Average Composite Score Rank
ACT Average Composite Score Rank
American College Testing Program, 2010
Quality of Life
IA
2
Most Livable State 2010
Most Livable State
MN
1
Most Livable State 2010
Most Livable State
NE
3
Most Livable State 2010
Most Livable State
MO
26
Most Livable State 2010
Most Livable State
IL
30
Most Livable State 2010
Most Livable State
CQ Press, 2010 State Rankings
IA
44
Value of Housing Ranking (50 = Best)
Value of Housing Ranking
IL
20
Value of Housing Ranking (50 = Best)
Value of Housing Ranking
MN
21
Value of Housing Ranking (50 = Best)
Value of Housing Ranking
MO
33
Value of Housing Ranking (50 = Best)
Value of Housing Ranking
NE
42
Value of Housing Ranking (50 = Best)
Value of Housing Ranking
Quality of Life
IA
$122,000
Median Value of A House (US Average $185,200)
Median Value of a House
NE
$123,300
Median Value of A House (US Average $185,200)
Median Value of a House
MO
$139,700
Median Value of A House (US Average $185,200)
Median Value of a House
MN
$200,400
Median Value of A House (US Average $185,200)
Median Value of a House
IL
$202,200
Median Value of A House (US Average $185,200)
Median Value of a House
2009 U.S. Census Bureau
IA
$48,044
Median Household Income (in 2009 inflation-adjusted dollars) (US Average $50,221)
Median Household Income
MO
$45,229
Median Household Income (in 2009 inflation-adjusted dollars) (US Average $50,221)
Median Household Income
NE
$47,357
Median Household Income (in 2009 inflation-adjusted dollars) (US Average $50,221)
Median Household Income
IL
$53,966
Median Household Income (in 2009 inflation-adjusted dollars) (US Average $50,221)
Median Household Income
MN
$55,616
Median Household Income (in 2009 inflation-adjusted dollars) (US Average $50,221)
Median Household Income
U.S. Census Bureau, 2009 American Community Survey
IA
42
Crime Rate Ranking (50 = Best)
Crime Rate Ranking
MO
14
Crime Rate Ranking (50 = Best)
Crime Rate Ranking
IL
25
Crime Rate Ranking (50 = Best)
Crime Rate Ranking
NE
30
Crime Rate Ranking (50 = Best)
Crime Rate Ranking
MN
31
Crime Rate Ranking (50 = Best)
Crime Rate Ranking
CQ Press State Rankings 2010
IA
74.0%
Home Ownership Rate in 2008 (US Average 67.8%)
Home Ownership Rates
IL
68.9%
Home Ownership Rate in 2008 (US Average 67.8%)
Home Ownership Rates
NE
69.6%
Home Ownership Rate in 2008 (US Average 67.8%)
Home Ownership Rates
MO
71.4%
Home Ownership Rate in 2008 (US Average 67.8%)
Home Ownership Rates
MN
73.1%
Home Ownership Rate in 2008 (US Average 67.8%)
Home Ownership Rates
CQ Press, 2010 State Rankings
IA
$1,129
Median Monthly Mortgage Payment for Owner-Occupied Homes (US Average $1,505)
Monthly Mortgage Costs
MO
$1,184
Median Monthly Mortgage Payment for Owner-Occupied Homes (US Average $1,505)
Monthly Mortgage Costs
NE
$1,227
Median Monthly Mortgage Payment for Owner-Occupied Homes (US Average $1,505)
Monthly Mortgage Costs
MN
$1,519
Median Monthly Mortgage Payment for Owner-Occupied Homes (US Average $1,505)
Monthly Mortgage Costs
IL
$1,673
Median Monthly Mortgage Payment for Owner-Occupied Homes (US Average $1,505)
Monthly Mortgage Costs
2009 U.S. Census Bureau
IA
$611
Median Monthly Rental Payment (US Average $842)
Monthly Rental Payment
NE
$644
Median Monthly Rental Payment (US Average $842)
Monthly Rental Payment
MO
$668
Median Monthly Rental Payment (US Average $842)
Monthly Rental Payment
MN
$757
Median Monthly Rental Payment (US Average $842)
Monthly Rental Payment
IL
$828
Median Monthly Rental Payment (US Average $842)
Monthly Rental Payment
Business Climate
Iowa
Illinois
Minnesota
Missouri
Nebraska
Corporate Income Tax Rate
6.0 - 12.0
9.5
9.8
6.25
5.58 - 7.81
Federation of Tax Administrators 2011