1. Missouri has a workforce of 3 million. That’s more workers than 20 other states have people – a real bonus for any scalable business (Bureau of Labor Statistics and U.S. Census Bureau).
2. Missouri’s high school graduation rate is a full 6% above the U.S. average. And those students tend to go onto college. Nearly 40,000 Bachelors’ degrees are awarded in the state each year (Education Week and National Center for Education Statistics.
3. Missouri‘s 132 colleges and universities include 14th-ranked Washington University in St. Louis and the four campuses of the University of Missouri. MU is one of the few schools in the country where you’ll find both a medical school and a veterinary school on the same campus (National Center for Education Statistics and U.S. News and World Report).
4. Missouri’s AAA bond rating makes it a safe investment. The state has maintained its rating with Standard & Poor’s for 46 years - longer than 46 other states! Further, Missouri holds a “triple-triple” rating from all 3 agencies (Pew Charitable Trusts).
5. Missouri has low business costs, including labor costs that are 10% below the national average, making it easier for companies to stay fiscally fit (Bureau of Labor Statistics).
6. Missouri has more forested land than neighboring Iowa, Illinois, Kansas and Nebraska combined, and is home to 50 state parks. The state’s urban parks are enjoyed by residents and visitors alike. Forest Park in St. Louis was recently named one of the most beautiful city parks in the country (National Association of State Foresters and Travel + Leisure).
7. Even in its more remote areas, Missouri is extremely well connected, with 2 million high speed data lines and more than 2,000 miles of fiber. Other assets for data include low business energy costs and secure, climate-controlled underground sites (FCC and NEF Inc.).
8. Missouri solar resources far exceed those of Germany (which leads the world in solar production.) But solar companies aren’t the only ones soaking up the state’s photovoltaic resources! Average temps of 57º make this a comfortable place to do business in every sense of the word (NREL and NOAA).
9. Close to customers and manufacturers alike, Missouri businesses are able to reach most major U.S. markets in 1-2 days by truck, 1-3 hours by air. But proximity to market is only half the story. Access to both east and west coasts via Class I rail and year-round river access make Missouri one of the most economical places in the country for shipping.
10. Missouri’s corporate income tax rate of 6.25% is applied to taxable income. And, because the state allows 50% of federal income tax payments to be deducted before computing taxable income, that brings the effective tax rate down to 5.2%. Missouri has long held a top-10 ranking for its corporate income tax index (Tax Foundation).
11. At more than 40,000 acres each, Table Rock Lake and Lake of the Ozarks provide world-class fishing and outdoor recreation for millions of visitors yearly (LakeLubbers.com).
12. Missouri has a top 10 ranking for low business energy costs, yet the state’s utility companies remain committed to alternative energy sources including wind, solar, biomass and nuclear, as well as alternative fuels (Small Business and Entrepreneurship Council).
13. At 68,886 square miles, Missouri is larger than 29 other states. Its landscape is characterized by rolling hills, fertile farmland, dense forests, and stunning rock formations. The state’s 6 million people live in both urban and rural settings (U.S. Bureau of the Census).
14. The St. Louis Cardinals, Kansas City Royals, St. Louis Rams, Kansas City Chiefs, St. Louis Blues and Springfield Cardinals AA ball club prove Missouri knows how to compete!
15. At the confluence of North America’s two largest river systems – the Mississippi and Missouri – Missouri offers low-cost shipping to both domestic and foreign markets. Missouri is home to the northern-most ice-free port on the Mississippi.
16. Missouri ranks 5th for transportation infrastructure and 6th for miles of public roads, connecting companies to the fastest growing U.S. markets in less than a day (CNBC and Federal Highway Administration) .
17. Ranked 6th for gasoline tax and 5th for diesel taxes, Missouri has some of the lowest priced gas in the entire country. Missouri’s plant science sector is at the forefront of research into alternative fuel sources such as algae (Small Business and Entrepreneurship Council).
18. The largest outdoor theater (The Muny), the longest rails-to-trails bike path (the Katy Trail) and world-class symphony orchestras make Missouri a great backdrop for businesses at...
19. …a very low price sticker! Missouri is ranked 11th in the U.S. for its low cost of living, creating a comfortable, stable environment for employees and their families (CNBC).
20. If these facts don’t convince you Missouri is right for your business, let us help you find the facts that will. Look around our website. Or call us at 314.725.0949. We think you’ll find the numbers are on your side.