Forbes' best states for businesses

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Forbes came out with its best states for businesses rankings for 2016, with each state being ranked for its business climate and which are best poised to leap forward, according to the magazine.

Check out the list below to see where each state ranked, and which state earned the top honors for the third year in a row.

50. West Virginia

Population: 1,841,900 Median household income: $42,019 Job growth
(Credit: Getty Images)

Population: 1,841,900
Median household income: $42,019
Job growth (2016): -0.3%
College attainment: 19.6%
Net migration (2015): -3,300

49. Maine

Population: 1,329,400 Median household income: $51,494 Job growth
(Credit: AP)

Population: 1,329,400
Median household income: $51,494
Job growth (2016): 0.5%
College attainment: 30.1%
Net migration (2015): -200

48. Mississippi

Population: 2,993,500 Median household income: $40,593 Job growth
(Credit: AP)

Population: 2,993,500
Median household income: $40,593
Job growth (2016): 1%
College attainment: 20.8%
Net migration (2015): -9,500

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47. Alaska

Population: 739,700 Median household income: $73,355 Job growth
(Credit: AP)

Population: 739,700
Median household income: $73,355
Job growth (2016): -0.1%
College attainment: 29.7%
Net migration (2015): -5,100

46. New Mexico

Population: 2,084,800 Median household income: $45,382 Job growth
(Credit: AP)

Population: 2,084,800
Median household income: $45,382
Job growth (2016): 0.4%
College attainment: 26.5%
Net migration (2015): -9,700

45. Vermont

Population: 626,900 Median household income: $56,990 Job growth
(Credit: AP)

Population: 626,900
Median household income: $56,990
Job growth (2016): 1.7%
College attainment: 36.9%
Net migration (2015): -1,300

44. Alabama

Population: 4,863,000 Median household income: $44,765 Job growth
(Credit: AL.com via AP)

Population: 4,863,000
Median household income: $44,765
Job growth (2016): 1%
College attainment: 24.2%
Net migration (2015): 3,500

43. Connecticut

Population: 3,588,800 Median household income: $71,346 Job growth
(Credit: AP)

Population: 3,588,800
Median household income: $71,346
Job growth (2016): 1%
College attainment: 38.3%
Net migration (2015): -8,900

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42. Rhode Island

Population: 1,057,500 Median household income: $58,073 Job growth
(Credit: AP)

Population: 1,057,500
Median household income: $58,073
Job growth (2016): 1.1%
College attainment: 32.7%
Net migration (2015): 0

41. Hawaii

Population: 1,437,100 Median household income: $73,486 Job growth
(Credit: AP)

Population: 1,437,100
Median household income: $73,486
Job growth (2016): 2.1%
College attainment: 31.4%
Net migration (2015): 3,100

40. Louisiana

Population: 4,679,800 Median Household Income: $45,727 Job Growth
(Credit: Getty Images)

Population: 4,679,800
Median Household Income: $45,727
Job Growth (2016): -0.7%
College Attainment: 23.2%
Net Migration (2015): 900

39. New Jersey

Population: 8,965,800 Median Household Income: $72,222 Job Growth
(Credit: AP)

Population: 8,965,800
Median Household Income: $72,222
Job Growth (2016): 1.3%
College Attainment: 37.6%
Net Migration (2015): -8,200

38. Pennsylvania

Population: 12,803,100 Median Household Income: $55,702 Job Growth
(Credit: AP)

Population: 12,803,100
Median Household Income: $55,702
Job Growth (2016): 1%
College Attainment: 29.7%
Net Migration (2015): -5,700

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37. Kentucky

Population: 4,429,600 Median Household Income: $45,215 Job Growth
(Credit: AP)

Population: 4,429,600
Median Household Income: $45,215
Job Growth (2016): 1.1%
College Attainment: 23.3%
Net Migration (2015): 0

36. New Hampshire

Population: 1,331,800 Median Household Income: $70,303 Job Growth
(Credit: Getty Images)

Population: 1,331,800
Median Household Income: $70,303
Job Growth (2016): 1.8%
College Attainment: 35.7%
Net Migration (2015): 1,100

35. Wyoming

Population: 588,000 Median Household Income: $60,214 Job Growth
(Credit: AP)

Population: 588,000
Median Household Income: $60,214
Job Growth (2016): -3%
College Attainment: 26.2%
Net Migration (2015): -1,200

34. Arkansas

Population: 2,984,600 Median Household Income: $41,995 Job Growth
(Credit: AP)

Population: 2,984,600
Median Household Income: $41,995
Job Growth (2016): 1.6%
College Attainment: 21.8%
Net Migration (2015): 2,700

33. Illinois

Population: 12,851,600 Median Household Income: $59,588 Job Growth
(Credit: AP)

Population: 12,851,600
Median Household Income: $59,588
Job Growth (2016): 0.8%
College Attainment: 32.9%
Net Migration (2015): -67,500

32. Nevada

Population: 2,919,000 Median Household Income: $52,431 Job Growth
(Credit: Getty Images)

Population: 2,919,000
Median Household Income: $52,431
Job Growth (2016): 2.7%
College Attainment: 23.6%
Net Migration (2015): 37,100

31. Maryland

Population: 6,018,800 Median Household Income: $75,847 Job Growth
(Credit: AFP / Getty Images)

Population: 6,018,800
Median Household Income: $75,847
Job Growth (2016): 1.8%
College Attainment: 38.8%
Net Migration (2015): 6,600

30. California

Population: 39,295,000 Median Household Income: $64,500 Job Growth
(Credit: AP)

Population: 39,295,000
Median Household Income: $64,500
Job Growth (2016): 2.6%
College Attainment: 32.3%
Net Migration (2015): 103,500

29. Kansas

Population: 2,916,700 Median Household Income: $53,906 Job Growth
(Credit: AP)

Population: 2,916,700
Median Household Income: $53,906
Job Growth (2016): -0.2%
College Attainment: 31.7%
Net Migration (2015): -5,700

28. Michigan

Population: 9,923,400 Median Household Income: $51,084 Job Growth
(Credit: Getty Images)

Population: 9,923,400
Median Household Income: $51,084
Job Growth (2016): 1.9%
College Attainment: 27.8%
Net Migration (2015): -14,700

27. Wisconsin

Population: 5,778,700 Median Household Income: $55,638 Job Growth
(Credit: AP)

Population: 5,778,700
Median Household Income: $55,638
Job Growth (2016): 1.4%
College Attainment: 28.4%
Net Migration (2015): -7,000

26. Arizona

Population: 6,901,200 Median Household Income: $51,492 Job Growth
(Credit: AP)

Population: 6,901,200
Median Household Income: $51,492
Job Growth (2016): 2.6%
College Attainment: 27.7%
Net Migration (2015): 63,300

25. Missouri

Population: 6,095,300 Median Household Income: $50,238 Job Growth
(Credit: AP)

Population: 6,095,300
Median Household Income: $50,238
Job Growth (2016): 1.1%
College Attainment: 27.8%
Net Migration (2015): 1,500

24. New York

Population: 19,810,200 Median Household Income: $60,850 Job Growth
(Credit: AP)

Population: 19,810,200
Median Household Income: $60,850
Job Growth (2016): 1.2%
College Attainment: 35%
Net Migration (2015): -23,800

23. Montana

Population: 1,036,900 Median Household Income: $49,509 Job Growth
(Credit: The Billings Gazette / AP)

Population: 1,036,900
Median Household Income: $49,509
Job Growth (2016): 0.3%
College Attainment: 30.6%
Net Migration (2015): 6,000

22. Delaware

Population: 950,000 Median Household Income: $61,255 Job Growth
(Credit: Getty Images)

Population: 950,000
Median Household Income: $61,255
Job Growth (2016):2.6%
College Attainment: 30.9%
Net Migration (2015): 7,200

21. South Carolina

Population: 4,929,100 Median Household Income: $47,238 Job Growth
(Credit: AP)

Population: 4,929,100
Median Household Income: $47,238
Job Growth (2016): 2.5%
College Attainment: 26.8%
Net Migration (2015): 52,400

20. Oklahoma

Population: 3,924,400 Median Household Income: $48,568 Job Growth
(Credit: AP)

Population: 3,924,400
Median Household Income: $48,568
Job Growth (2016): -0.3%
College Attainment: 24.6%
Net Migration (2015): 15,500

19. Massachusetts

Population: 6,811,700 Median Household Income: $70,628 Job Growth
(Credit: AP)

Population: 6,811,700
Median Household Income: $70,628
Job Growth (2016): 2%
College Attainment: 41.5%
Net Migration (2015): 21,700

18. Idaho

Population: 1,665,400 Median Household Income: $48,275 Job Growth
(Credit: AP)

Population: 1,665,400
Median Household Income: $48,275
Job Growth (2016): 3.3%
College Attainment: 26%
Net Migration (2015): 9,100

17. Tennessee

Population: 6,626,800 Median Household Income: $47,275 Job Growth
(Credit: AP)

Population: 6,626,800
Median Household Income: $47,275
Job Growth (2016): 2.5%
College Attainment: 25.7%
Net Migration (2015): 32,300

16. Oregon

Population: 4,048,900 Median Household Income: $54,148 Job Growth
(Credit: AP)

Population: 4,048,900
Median Household Income: $54,148
Job Growth (2016): 3.2%
College Attainment: 32.2%
Net Migration (2015): 42,900

15. Minnesota

Population: 5,504,700 Median Household Income: $63,488 Job Growth
(Credit: AP)

Population: 5,504,700
Median Household Income: $63,488
Job Growth (2016): 1.3%
College Attainment: 34.7%
Net Migration (2015): 3,200

14. Iowa

Population: 3,125,200 Median Household Income: $54,736 Job Growth
(Credit: Getty Images)

Population: 3,125,200
Median Household Income: $54,736
Job Growth (2016): 1.5%
College Attainment: 26.8%
Net Migration (2015): 2,500

13. Indiana

Population: 6,631,400 Median Household Income: $50,532 Job Growth
(Credit: Getty Images)

Population: 6,631,400
Median Household Income: $50,532
Job Growth (2016): 1.4%
College Attainment: 24.9%
Net Migration (2015): -2,300

12. Florida

Population: 20,468,700 Median Household Income: $49,426 Job Growth
(Credit: Getty Images)

Population: 20,468,700
Median Household Income: $49,426
Job Growth (2016): 3.1%
College Attainment: 28.4%
Net Migration (2015): 332,000

11. Ohio

Population: 11,620,400 Median Household Income: $51,075 Job Growth
(Credit: AFP / Getty Images)

Population: 11,620,400
Median Household Income: $51,075
Job Growth (2016): 1.4%
College Attainment: 26.8%
Net Migration (2015): -10,600

10. South Dakota

Population: 861,400 Median household income: $53,017 Job growth
(Credit: Getty Images / Scott Olson)

Population: 861,400
Median household income: $53,017
Job growth (2016): 1.6%
College attainment: 27.5%
Net migration (2015): -100

9. Washington

Population: 7,224,000 Median household income: $64,129 Job growth
(Credit: AFP Getty Images / Omar Torres)

Population: 7,224,000
Median household income: $64,129
Job growth (2016): 2.9%
College attainment: 34.2%
Net migration (2015): 68,700

8. North Dakota

Population: 760,700 Median hyousehold income: $60,557 Job growth
(Credit: AP / David Kolpack)

Population: 760,700
Median hyousehold income: $60,557
Job growth (2016): -3.2%
College attainment: 29.1%
Net migration (2015): 11,700

7. Georgia

Population: 10,276,000 Median household income: $51,244 Job growth
(Credit: AP / David Goldman)

Population: 10,276,000
Median household income: $51,244
Job growth (2016): 2.6%
College attainment: 29.9%
Net migration (2015): 63,200

6. Virginia

Population: 8,412,100 Median household income: $66,262 Job growth
(Credit: AP / David Ake)

Population: 8,412,100
Median household income: $66,262
Job growth (2016): 2%
College attainment: 37%
Net migration (2015): 15,000

5. Colorado

Population: 5,504,700 Median household income: $63,909 Job growth
(Credit: AP / Charlie Riedel)

Population: 5,504,700
Median household income: $63,909
Job growth (2016): 2.6%
College attainment:39.2%
Net migration (2015): 67,800

4. Texas

Population: 27,695,600 Median household income: $55,653 Job growth
(Credit: Getty Images / Spencer Platt)

Population: 27,695,600
Median household income: $55,653
Job growth (2016): 1.5%
College attainment: 28.4%
Net migration (2015): 271,700

3. Nebraska

Population: 1,902,000 Median household income: $54,996 Job growth
(Credit: AP / Eric Francis)

Population: 1,902,000
Median household income: $54,996
Job growth (2016): 1.1%
College attainment: 30.2%
Net migration (2015): 2,100

2. North Carolina

Population: 10,097,400 Median household iIncome: $47,830 Job growth
(Credit: AFP Getty Images / Antonov Mladen)

Population: 10,097,400
Median household iIncome: $47,830
Job growth (2016): 2%
College attainment: 29.4%
Net migration (2015): 63,300

1. Utah

Population: 3,018,200 Median household income: $62,912 Job growth
(Credit: AP / Rick Bowmer)

Population: 3,018,200
Median household income: $62,912
Job growth (2016): 3.1%
College attainment: 31.8%
Net migration (2015): 15,700

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