#44 Hawaii


#43 in Taxation and Regulation

#49 in Workforce Quality

#4 in Living Environment

Right to Work?


Key Industries

Small business; manufacturing; filmmaking; digital production

Key Companies

Albert C. Kobayashi Inc.

Alexander & Baldwin

Continental Airlines

Delta Construction

Hansen Distribution Group

John Hancock Life Insurance

Pflueger Automotive Group

Advantages

Tourism is on growth trajectory, rising 7% since 2012. And the Labor Dept. is saying that construction jobs are on the rise, and that prospects for Hawaiian millennials are better now than in previous years.

Challenges

The cost of living in Hawaii is the sixth highest in the nation, according to Pew Research. And even though unemployment is a mere 3.1%, experts say that’s not translating into higher salaries.

Key Contacts

Dept. of Business, Economic Development & Tourisim

Luis P. Salaveria, Director
808-586-2355
No. 1 Capitol District Building,
250 S. Hotel Street
Honolulu, HI 96813

http://dbedt.hawaii.gov/

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No 43: Hawaii

No. 43

Hawaii

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations
  • State Corporate Income Tax Rate: 6.40%
  • Highest Personal Income Tax Rate: 11%
Workforce Quality
  • % with High School diploma or more: 90.3
  • % with Bachelor’s degree or more: 29.1
  • % with Advanced degree or more: 9.9
  • Patents per 100K: 9.34
  • % of Employed Represented by Unions: 23.5
Quality of Life
  • Hopsitals per 10K: 0.188
  • Elementary/Secondary Schools per 1000 people: 0.223
  • Violent Crimes per 100K: 279.15
Key Companies
  • Hawaiian Electric Industries Inc.
  • Cyanotec Corp
  • Alexander & Baldwin
  • Hawaiian Holding
Other Highlights
Hawaii fell from #42 in 2010 to #43 in 2011 — the state took #41 in 2009 Hawaii ranks 10th in state dept per capita with $5328

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