In Site Selection on January 2018 California was either at the top or near the bottom ranking for various economic and business benchmarks. Out of 50 U.S. States, California was #1 in Higher Ed. R&D Expenditure, #2 in Information Technology and Innovation, but #48 in Business Tax Climate and #47 in lowest cost of electricity. It was also #1 in GDP. Population (2017) 39,611,295, Median household income: $65,223.