After decades of touting low taxes and a business-friendly regulatory climate, Florida continues to punch below its weight in attracting corporate headquarters.
The latest Fortune 500 list shows 16 of the nation?s biggest companies headquartered here. Only 10 states boast more Fortune 500 home offices.
But adjust for population, and Florida moves to the back of the pack. The state is home to only 0.85 Fortune 500 companies per million residents, well below the U.S. average of 1.62.
Florida trails not only business hubs such as New York, Illinois, Massachusetts, Texas and California but also less heralded states such as Iowa, Kansas and Kentucky.
| State | Population | Fortune 500 HQs | Fortune 500 HQs per million |
|---|---|---|---|
| .District of Columbia | 604,453 | 3 | 4.96 |
| .Connecticut | 3,577,073 | 14 | 3.91 |
| .Minnesota | 5,310,584 | 19 | 3.58 |
| .Virginia | 8,024,617 | 24 | 2.99 |
| .Nebraska | 1,830,429 | 5 | 2.73 |
| .New York | 19,392,283 | 50 | 2.58 |
| .Illinois | 12,843,166 | 32 | 2.49 |
| .Ohio | 11,536,182 | 28 | 2.43 |
| .New Jersey | 8,801,624 | 21 | 2.39 |
| .Delaware | 899,769 | 2 | 2.22 |
| .Texas | 25,257,114 | 52 | 2.06 |
| .Michigan | 9,877,574 | 20 | 2.02 |
| .Rhode Island | 1,052,886 | 2 | 1.90 |
| .Pennsylvania | 12,709,630 | 23 | 1.81 |
| .Colorado | 5,049,071 | 9 | 1.78 |
| .Massachusetts | 6,557,254 | 11 | 1.68 |
| .Missouri | 5,996,231 | 10 | 1.67 |
| United States | 309,349,689 | 500 | 1.62 |
| .Wisconsin | 5,691,047 | 9 | 1.58 |
| .Georgia | 9,712,587 | 15 | 1.54 |
| .Nevada | 2,704,642 | 4 | 1.48 |
| .North Carolina | 9,561,558 | 14 | 1.46 |
| .California | 37,349,363 | 53 | 1.42 |
| .Tennessee | 6,356,897 | 9 | 1.42 |
| .Kentucky | 4,346,266 | 6 | 1.38 |
| .Arkansas | 2,921,606 | 4 | 1.37 |
| .Washington | 6,744,496 | 8 | 1.19 |
| .Oklahoma | 3,761,702 | 4 | 1.06 |
| .Kansas | 2,859,169 | 3 | 1.05 |
| .Maryland | 5,785,982 | 6 | 1.04 |
| .Iowa | 3,049,883 | 3 | 0.98 |
| .Arizona | 6,413,737 | 6 | 0.94 |
| .Indiana | 6,490,621 | 6 | 0.92 |
| .Florida | 18,843,326 | 16 | 0.85 |
| .Louisiana | 4,544,228 | 3 | 0.66 |
| .Idaho | 1,571,450 | 1 | 0.64 |
| .Oregon | 3,838,957 | 2 | 0.52 |
| .Utah | 2,776,469 | 1 | 0.36 |
| .South Carolina | 4,636,312 | 1 | 0.22 |
| .Alabama | 4,785,298 | 1 | 0.21 |
| .Alaska | 713,985 | 0 | 0.00 |
| .Hawaii | 1,363,621 | 0 | 0.00 |
| .Maine | 1,327,567 | 0 | 0.00 |
| .Mississippi | 2,970,036 | 0 | 0.00 |
| .Montana | 990,898 | 0 | 0.00 |
| .New Hampshire | 1,316,759 | 0 | 0.00 |
| .New Mexico | 2,065,932 | 0 | 0.00 |
| .North Dakota | 674,499 | 0 | 0.00 |
| .South Dakota | 816,463 | 0 | 0.00 |
| .Vermont | 625,960 | 0 | 0.00 |
| .West Virginia | 1,853,973 | 0 | 0.00 |
| .Wyoming | 564,460 | 0 | 0.00 |
Tim Burke, Executive Editor, The Palm Beach Post.
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