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Virginia Score and RankingCATEGORY 2026 SCORE 2026 RANK 2025 RANK 2026 GRADE INFRASTRUCTURE32222A+ECONOMY2202314CWORKFORCE2181014B-QUALITY OF LIFE18978B+COST OF DOING BUSINESS1492631C+TECHNOLOGY & INNOVATION16468A-BUSINESS FRIENDLINESS149117BACCESS TO CAPITAL831010B+EDUCATION7151A-COST OF LIVING301521BOVERALL159534Economic 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

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