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 Business Climate Comparison

Missouri is confident that when it comes to our overall business climate, we rank among the best.

That’s why we’ve included the independent state comparison tool below. We know that when it comes down to it, Missouri can offer you the real opportunity for growth that you’re looking for.

Category
Category
Category
 
Date
 
Subcategory
 
Missouri
 
Arkansas
 
Iowa
 
Illinois
 
Kansas
 
Kentucky
 
Nebraska
 
Oklahoma
 
Tennessee
 
Category: Business Climate
2010
Gross State Product ($mil)
$244,016
$102,566
$142,698
$651,518
$127,170
$163,269
$89,786
$147,543
$254,806
2010
Manufacturing Gross State Product ($ milllions)
$30,903
$15,077
$25,354
$84,336
$17,406
$27,999
$10,872
$17,269
$39,859
2010
Total Value of Exports ($ thousands)
$12,925,559,774
$5,218,646,154
$10,880,026,652
$50,058,293,734
$9,905,219,429
$19,342,737,535
$5,819,949,181
$5,353,190,640
$25,942,724,022
2006
Foreign Direct Investment ($ milllions)
$18,280
$7,105
$7,757
$51,170
$6,691
$28,836
$2,609
$10,051
$22,772
2010
Small Business Innovation Research (SBIR)
$15,481,505
$7,389,952
$5,846,621
$42,327,579
$3,245,909
$12,253,612
$4,725,324
$6,195,913
$12,215,666
2010
Small Business Technology Transfer (STTR)
$5,378,571
$447,244
$1,789,942
$8,351,480
$498,607
$4,495,193
$849,906
$199,267
$1,494,497
2010
Total Venture Capital Investments
$60,944,800
$5,000,100
$101,500,000
$747,898,800
$41,714,000
$16,729,900
$11,500,000
$13,000,000
$55,458,700
2010
Total Patents Since 1997
26,125
4,897
17,539
115,602
12,427
12,620
6,089
19,997
22,243
2010
Number of Patents (Most recent Year)
1,140
216
809
4,374
728
601
253
582
1,037
2010
Patents per Thousand Population
19
7.4
26.6
34.1
25.5
13.8
13.9
15.5
16.3
2011
Avg Industrial Electric (Price/KiloWatt Hour)
$5.95
$5.65
$5.21
$6.46
$6.73
$5.31
$6.26
$5.51
$7.12
2011
Avg. Commercial Electric (Price/KiloWatt Hour)
$8.04
$7.55
$7.90
$8.64
$8.79
$8.41
$8.04
$7.63
$10.12
2011
Avg. Residential Electric (Price/KiloWatt Hour)
$9.78
$9.05
$10.50
$11.81
$10.63
$9.09
$9.30
$9.51
$9.83
2011
Avg. Industrial Natural Gas (Price/1000cft)
$8.49
NA
$5.67
$6.69
NA
$5.04
$5.46
$7.74
$5.69
2011
Avg. Commercial Natural Gas (Price/1000cft)
$10.42
$8.90
$7.58
$8.12
$9.08
$8.70
$6.61
NA
$8.88
2011
Avg. Residential Natural Gas (Price/1000cft)
$12.08
NA
$9.54
$8.60
$9.96
$10.47
$8.86
$10.27
$10.16
Category: Cost Of Living
2011
Cost of Living - Rank
14
34
7
9
10
4
21
1
2
2011
Cost of Living - Composite
93.11
102.9
92.18
92.56
92.63
91.06
96.9
90.35
90.36
2011
Cost of Living - Grocery Items
96.26
103.69
92.22
96.85
92.18
90.93
103.39
94.69
94.12
2011
Cost of Living - Health Care
96.34
101.26
96.24
95.14
92.13
92.31
103.40
97.07
91.91
2011
Cost of Living - Housing
80.39
108.65
85.35
81.83
86.63
82.27
87.73
80.39
79.3
2011
Cost of Living - Miscellaneous
99.14
100.14
95.02
96.67
98.67
94.79
100.97
94.5
96.72
2011
Cost of Living - Transportation
96.9
101.37
100.19
99.55
95.9
96.22
97.5
97.22
93.49
2011
Cost of Living - Utilities
100.03
96.99
92.13
95.52
87.8
97.93
97.67
89.36
92.27
Category: Education
2010
High School Graduates 25+yrs (% of Population)
86.2%
81.9%
89.9%
86.2%
89.2%
81.0%
90.0%
85.4%
82.5%
2010
College Graduates 25+yrs (% of Population)
25.0%
19.1%
24.5%
30.3%
29.3%
20.3%
27.7%
22.6%
22.7%
2011
ACT Average Composite Score
21.6
19.9
22.3
20.9
22
19.6
22.1
20.7
19.5
2011
ACT Average Math Score
21
19.7
21.9
20.9
21.8
19.1
21.7
19.9
19
2011
ACT Average Science Score
21.6
19.8
22.4
20.7
21.9
19.6
22
20.6
19.4
Category: Income
2010
Per Capita Personal Income (Current Year)
$36,965
$32,678
$38,084
$42,057
$39,005
$32,376
$39,674
$35,396
$34,955
2000
Per Capita Personal Income
$27,885
$22,574
$27,285
$32,645
$28,468
$24,785
$28,590
$24,602
$26,689
2010
Median Family Income (Current Year)
$57,661
48,491
61,804
68,236
62,424
52,046
61,888
53,607
53,246
1999
Median Family Income
$46,044
$38,663
$48,005
$55,545
$49,624
$40,939
$48,032
$40,709
$43,517
Category: Infrastructure
2010
Residential Building Permits
9,699
7,177
7,607
12,318
5,140
7,986
5,401
8,140
16,475
2009
Number of Class 1 Freight Railroads
5
3
4
7
4
5
2
3
6
2009
Total Number of Freight Railroads
17
25
16
42
14
13
10
19
25
2009
Miles of Class 1 Freight Railroads
4,082
2,540
2,757
8,009
3,933
2,294
2,597
2,736
2,162
2009
Total Miles of Freight Railroads
4,888
3,647
4,270
9,982
6,091
2,804
3,430
4,094
2,976
2009
Miles of Interstate Roads
1,180
655
781
2,182
874
762
481
933
1,104
2009
Miles of Principal and Minor Arterial Roads
10,276
6,988
9,754
14,646
9,525
5,872
8,097
10,931
9,064
2009
Total Public Road Miles
130,359
100,100
114,347
139,577
140,753
78,963
93,631
115,851
93,252
2010
Number of Airports
378
219
200
509
345
155
207
299
203
2010
Number of Heliports
131
81
86
241
35
62
35
83
101
Category: Labor
2011
Civilian Labor Force (thousands)
3,052,630
1,354,562
1,659,400
6,592,838
1,502,614
2,076,521
999,312
1,754,040
3,099,811
2010
Annual Average Total Employment (thousands)
2,725,527
1,246,647
1,568,012
5,964,868
1,396,558
1,865,961
931,414
1,630,925
2,759,243
2010
Annual Average Unemployment Rate
9.6
7.9
6.1
10.3
7
10.5
4.7
7.1
9.7
2010
Total Mfg Employment (thousands)
243,033
160,159
200,797
563,990
159,776
209,263
91,598
123,473
298,290
2010
Annual Avg Mfg Earnings/Hour
$49,320
$39,350
$49,780
$59,327
$50,789
$49,649
$42,088
$46,361
$51,913
2012
Unemployment Insurance Taxable Wage Base
$13,000
$12,000
$25,300
$13,560
$8,000
$9,000
$9,000
$19,100
$9,000
2011
Unemployment Insurance New Employer Entry Rate
3.51%
3.80%
1.90%
3.80%
4.00%
2.70%
2.50%
1.00%
2.70%
2011
Unemployment Insurance Minimum Rate
0.00%
1.00%
0%
0.70%
0.11%
1.90%
0.00%
0.30%
0.50%
2011
Unemployment Insurance Maximum Rate
9.75%
6.90%
9.00%
8.40%
7.40%
10.00%
8.66%
7.50%
10.00%
2011
Members of Unions (% of Employed)
10.90%
4.20%
11.20%
16.20%
7.60%
8.90%
7.90%
6.40%
4.60%
2011
Represented by Unions (% of Employed)
12.50%
5.10%
13.50%
17.20%
10.10%
10.30%
10.00%
7.70%
5.60%
2012
Right-to-Work Law
No
Yes
Yes
No
Yes
No
Yes
Yes
Yes
Category: Population
2010
Population (Most Recent Year)
5,996,231
2,921,606
3,049,883
12,843,166
2,859,169
4,346,266
1,830,429
3,761,702
6,356,897
2010
Population (Most Recent Census--Estimates Base)
5,988,927
2,915,918
3,046,355
12,830,632
2,853,118
4,339,367
1,826,341
3,751,351
6,346,105
2010
Density (persons per square mile)
87.1
56
54.5
231.1
34.9
109.9
23.8
54.7
153.9
Category: Taxes
2012
Corporate Income Tax Rate
6.25%
1.0% - 6.5%
6.0% - 12.0%
9.50%
4.00%
4.0% - 6.0%
5.58% - 7.81%
6.00%
6.50%
2012
Federal Income Tax Deduction
YES
NO
YES
NO
NO
NO
NO
NO
NO
2012
State Apportionment of Corporate Income
3 Factor/sales
Double wtd. sales
Sales
Sales
3 Factor/Sales
Double wtd Sales
Sales
3 Factor
Double wtd. sales
2012
State Sales Tax Rate (%)
4.23%
6.00%
6.00%
6.25%
6.30%
6.00%
5.50%
4.50%
7.00%
2012
Vendor Discounts
2%
2%
N/A
1.75%
N/A
1.75%-1%
2.5%
1%
N/A
2010
Per Capita Total State Tax Revenue
$1,620
$2,496
$2,235
$2,320
$2,276
$2,197
$2,086
$1,887
$1,657
2010
Per Capita Property Tax Revenue
$4.93
$222.21
$0.00
$3.97
$26.20
$118.95
$0.64
$0.00
$0.00
2010
Per Capita State Sales and Gross Receipts Tax Revenue
$756.16
$1,270.49
$1,045.70
$1,161.40
$1,038.40
$1,077.88
$1,039.18
$787.20
$1,265.00
2010
Per Capita State Personal Income Tax Revenue
$722.42
$717.13
$869.90
$663.26
$941.97
$726.95
$829.43
$593.06
$27.18
2010
Per Capita Corporate Net Income Tax Revenue
$34.55
$132.16
$63.07
$106.00
$123.52
$88.45
$84.50
$57.69
$142.07
2012
Gasoline Total Tax Per Gallon
$0.17
$0.22
$0.22
$0.20
$0.24
$0.28
$0.28
$0.17
$0.21
2012
Diesel Total Tax Per Gallon
$0.17
$0.23
$0.24
$0.23
$0.26
$0.25
$0.27
$0.14
$0.18
 
 
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120 S. Central Ave, Suite 1150, St. Louis, MO 63105 | 12200 NW Ambassador Dr, Suite 234, Kansas City, MO 64163 | toll free: +1.877.725.0949
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