Categories: Best & Worst States for Business

Florida

No. 3

Florida

Taxation and Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations State Corporate Income Tax Rate: 5.50% Highest Personal Income Tax Rate: None Workforce Quality % with High School diploma or more: 85.2 % with Bachelor’s degree or more: 25.8 % with Advanced degree or more: 9.0 Patents per 100K: 16.06 % of Employed Represented by Unions: 6.9 Quality of Life Hopsitals per 10K: 0.114 Elementary/Secondary Schools per 1000 people: 0.198 Violent Crimes per 100K: 694.76

Key Metrics

Taxation and Regulations

State Corporate Income Tax Rate: 5.50%
Highest Personal Income Tax Rate: None

Workforce Quality

% with High School diploma or more: 85.2
% with Bachelor’s degree or more: 25.8
% with Advanced degree or more: 9.0
Patents per 100K: 16.06
% of Employed Represented by Unions: 6.9

Quality of Life

Hopsitals per 10K: 0.114
Elementary/Secondary Schools per 1000 people: 0.198
Violent Crimes per 100K: 694.76

Key Companies
Office Depot Inc. NextEra Energy, Inc. Tech Data Carnival Corp. CSX Jabil Circuit World Fuel Services

Other Highlights
Florida moved back up to #3 after falling to #6 in 2010 — the Sunshine state was #3 in 2009 as well Florida ranks 40th in state debt per capita with $2104

Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education

Chief Executive

Chief Executive magazine (published since 1977) is the definitive source that CEOs turn to for insight and ideas that help increase their effectiveness and grow their business. Chief Executive Group also produces e-newsletters and online content at chiefexecutive.net and manages Chief Executive Network and other executive peer groups, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Chief Executive facilitates the annual “CEO of the Year,” a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers, and is known throughout the U.S. and elsewhere for its annual ranking of Best & Worst States for Business. Visit www.chiefexecutive.net for more information.

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