The finance website WalletHub ranks Iowa 39th among the states in its 2018’s Best & Worst States to Start a Business, the Corridor Business Journal reported.

The study evaluated states in three categories: business environment, access to resources and business costs. Iowa’s overall rating reflected pack-lagging rankings in each category. Iowa received its best overall ranking, 30th, in business costs, and its worst, 34th, in access to resources. It was ranked 33rd in the business environment category.

Iowa fared especially poorly when it came to availability of human capital, ranking 47th out of 50 states.

Texas was rated the best state to start a business this year, as North Dakota, last year’s leader, dropped to seventh place. Utah was rated second, and Georgia was rated third.

Scores ranked from a high of 64.4 for Texas to a low of 37.2 for last-ranked Hawaii.

Iowa stood out above all states in one category. It had the lowest annual average cost for office space, at $12.08 per square foot. To see the full report, click here