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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.

  
Population
Income
Education
Taxes
Cost Of Living
Business Climate
Labor
Infrastructure
 DateSubcategoryMissouriArkansasIowaIllinoisKansasKentuckyNebraskaOklahomaTennessee
Category: Taxes
          
 2012Corporate Income Tax Rate6.25%1.0% - 6.5% 6.0% - 12.0%9.50%4.00%4.0% - 6.0% 5.58% - 7.81% 6.00%6.50%
 2012Federal Income Tax DeductionYESNOYESNONONONONONO
 2012State Apportionment of Corporate Income3 Factor/salesDouble wtd. salesSalesSales3 Factor/SalesDouble wtd SalesSales3 FactorDouble wtd. sales
 2012State Sales Tax Rate (%)4.23%6.00%6.00%6.25%6.30%6.00%5.50%4.50%7.00%
 2012Vendor Discounts2%2%N/A1.75%N/A1.75%-1%2.5%1%N/A
 2010Per Capita Total State Tax Revenue$1,620$2,496$2,235$2,320$2,276$2,197$2,086$1,887$1,657
 2010Per Capita Property Tax Revenue$4.93$222.21$0.00$3.97$26.20$118.95$0.64$0.00$0.00
 2010Per 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
 2010Per Capita State Personal Income Tax Revenue$722.42$717.13$869.90$663.26$941.97$726.95$829.43$593.06$27.18
 2010Per Capita Corporate Net Income Tax Revenue$34.55$132.16$63.07$106.00$123.52$88.45$84.50$57.69$142.07
 2012Gasoline Total Tax Per Gallon$0.17$0.22$0.22$0.20$0.24$0.28$0.28$0.17$0.21
 2012Diesel Total Tax Per Gallon$0.17$0.23$0.24$0.23$0.26$0.25$0.27$0.14$0.18
Category: Population
          
 2010Population (Most Recent Year)5,996,2312,921,6063,049,88312,843,1662,859,1694,346,2661,830,4293,761,7026,356,897
 2010Population (Most Recent Census--Estimates Base)5,988,9272,915,9183,046,35512,830,6322,853,1184,339,3671,826,3413,751,3516,346,105
 2010Density (persons per square mile)87.15654.5231.134.9109.923.854.7153.9
Category: Labor
          
 2011Civilian Labor Force (thousands)3,052,6301,354,5621,659,4006,592,8381,502,6142,076,521999,3121,754,0403,099,811
 2010Annual Average Total Employment (thousands)2,725,5271,246,6471,568,0125,964,8681,396,5581,865,961931,4141,630,9252,759,243
 2010Annual Average Unemployment Rate9.67.96.110.3710.54.77.19.7
 2010Total Mfg Employment (thousands)243,033160,159200,797563,990159,776209,26391,598123,473298,290
 2010Annual Avg Mfg Earnings/Hour$49,320$39,350$49,780$59,327$50,789$49,649$42,088$46,361$51,913
 2012Unemployment Insurance Taxable Wage Base$13,000$12,000$25,300$13,560$8,000$9,000$9,000$19,100$9,000
 2011Unemployment Insurance New Employer Entry Rate3.51%3.80%1.90%3.80%4.00%2.70%2.50%1.00%2.70%
 2011Unemployment Insurance Minimum Rate0.00%1.00%0%0.70%0.11%1.90%0.00%0.30%0.50%
 2011Unemployment Insurance Maximum Rate9.75%6.90%9.00%8.40%7.40%10.00%8.66%7.50%10.00%
 2011Members of Unions (% of Employed)10.90%4.20%11.20%16.20%7.60%8.90%7.90%6.40%4.60%
 2011Represented by Unions (% of Employed)12.50%5.10%13.50%17.20%10.10%10.30%10.00%7.70%5.60%
 2012Right-to-Work LawNoYesYesNoYesNoYesYesYes
Category: Infrastructure
          
 2010Residential Building Permits9,6997,1777,60712,3185,1407,9865,4018,14016,475
 2009Number of Class 1 Freight Railroads534745236
 2009Total Number of Freight Railroads172516421413101925
 2009Miles of Class 1 Freight Railroads4,0822,5402,7578,0093,9332,2942,5972,7362,162
 2009Total Miles of Freight Railroads4,8883,6474,2709,9826,0912,8043,4304,0942,976
 2009Miles of Interstate Roads1,1806557812,1828747624819331,104
 2009Miles of Principal and Minor Arterial Roads10,2766,9889,75414,6469,5255,8728,09710,9319,064
 2009Total Public Road Miles130,359100,100114,347139,577140,75378,96393,631115,85193,252
 2010Number of Airports378219200509345155207299203
 2010Number of Heliports131818624135623583101
Category: Income
          
 2010Per Capita Personal Income (Current Year)$36,965$32,678$38,084$42,057$39,005$32,376$39,674$35,396$34,955
 2000Per Capita Personal Income$27,885$22,574$27,285$32,645$28,468$24,785$28,590$24,602$26,689
 2010Median Family Income (Current Year)$57,66148,49161,80468,23662,42452,04661,88853,60753,246
 1999Median Family Income$46,044 $38,663 $48,005 $55,545 $49,624 $40,939 $48,032 $40,709 $43,517
Category: Education
          
 2010High School Graduates 25+yrs (% of Population)86.2%81.9%89.9%86.2%89.2%81.0%90.0%85.4%82.5%
 2010College Graduates 25+yrs (% of Population)25.0%19.1%24.5%30.3%29.3%20.3%27.7%22.6%22.7%
 2011ACT Average Composite Score21.619.922.320.92219.622.120.719.5
 2011ACT Average Math Score2119.721.920.921.819.121.719.919
 2011ACT Average Science Score21.619.822.420.721.919.62220.619.4
Category: Cost Of Living
          
 2011Cost of Living - Rank1434791042112
 2011Cost of Living - Composite93.11102.992.1892.5692.6391.0696.990.3590.36
 2011Cost of Living - Grocery Items96.26103.6992.2296.8592.1890.93103.3994.6994.12
 2011Cost of Living - Health Care96.34101.2696.2495.1492.1392.31103.4097.0791.91
 2011Cost of Living - Housing80.39108.6585.3581.8386.6382.2787.7380.3979.3
 2011Cost of Living - Miscellaneous99.14100.1495.0296.6798.6794.79100.9794.596.72
 2011Cost of Living - Transportation96.9101.37100.1999.5595.996.2297.597.2293.49
 2011Cost of Living - Utilities100.0396.9992.1395.5287.897.9397.6789.3692.27
Category: Business Climate
          
 2010Gross State Product ($mil)$244,016$102,566$142,698$651,518$127,170$163,269$89,786$147,543$254,806
 2010Manufacturing Gross State Product ($ milllions)$30,903$15,077$25,354$84,336$17,406$27,999$10,872$17,269$39,859
 2010Total Value of Exports ($ 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$25,942,724,022
 2006Foreign Direct Investment ($ milllions)$18,280$7,105$7,757$51,170$6,691$28,836$2,609$10,051$22,772
 2010Small 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
 2010Small 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
 2010Total 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
 2010Total Patents Since 199726,1254,89717,539115,60212,42712,6206,08919,99722,243
 2010Number of Patents (Most recent Year)1,1402168094,3747286012535821,037
 2010Patents per Thousand Population197.426.634.125.513.813.915.516.3
 2011Avg Industrial Electric (Price/KiloWatt Hour) $5.95 $5.65 $5.21 $6.46 $6.73 $5.31 $6.26 $5.51 $7.12
 2011Avg. Commercial Electric (Price/KiloWatt Hour) $8.04 $7.55 $7.90 $8.64 $8.79 $8.41 $8.04 $7.63 $10.12
 2011Avg. Residential Electric (Price/KiloWatt Hour) $9.78 $9.05 $10.50 $11.81 $10.63 $9.09 $9.30 $9.51 $9.83
 2011Avg. Industrial Natural Gas (Price/1000cft) $8.49 NA $5.67 $6.69 NA $5.04 $5.46 $7.74 $5.69
 2011Avg. Commercial Natural Gas (Price/1000cft) $10.42 $8.90 $7.58 $8.12 $9.08 $8.70 $6.61 NA $8.88
 2011Avg. Residential Natural Gas (Price/1000cft) $12.08 NA $9.54 $8.60 $9.96 $10.47 $8.86 $10.27 $10.16
 
 
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