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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.

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Phone: +1.314.725.0949
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120 South Central Avenue, Suite 1535
Saint Louis, MO 63105

12200 NW Ambassador Drive, Suite 205
Kansas City, MO 64163
  
Population
Income
Education
Taxes
Cost Of Living
Business Climate
Labor
Infrastructure
 DateSubcategoryMissouriArkansasIowaIllinoisKansasKentuckyNebraskaOklahomaTennessee
Category: Population
          
 2014Population (Most Recent Year)6,063,5892,966,3693,107,12612,880,5802,904,0214,413,4571,881,5033,878,0516,549,352
 2010Density (persons per square mile)87.15654.5231.134.9109.923.854.7153.9
 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
Category: Income
          
 2014Per Capita Personal Income (Current Year)$41,613 $37,751 $45,115 $48,120 $45,546 $37,654 $47,073 $43,138 $40,654
 2010Per Capita Personal Income$36,605 $32,053 $39,038 $42,072 $38,787 $32,947 $39,935 $35,926 $35,431
 2013Median Family Income (Current Year)$58,754 $50,415 $66,684 $69,557 $64,969 $54,690 $64,763 $56,655 $54,691
 2010Median Family Income$56,214 $47,049 $60,917 $65,417 $61,013 $50,392 $60,812 $51,958 $51,083
Category: Education
          
 2013High School Graduates 25+yrs (% of Population)88.784.491.687.890.184.190.286.785.6
 2013College Graduates 25+yrs (% of Population)2720.626.432.131.122.629.423.824.8
 2015ACT Average Composite Score21.720.422.220.721.92021.520.719.8
 2015ACT Average Math Score212021.520.721.619.52119.819.3
 2015ACT Average Science Score21.720.322.320.621.820.121.620.719.9
Category: Taxes
          
 2015Corporate Income Tax Rate6.251.0 - 6.56.0 - 12.07.7544.0 - 6.05.58 - 7.8166.5
 2015State Apportionment of Corporate Income3 FactorDouble wtd SalesSalesSales3 FactorDouble wtd SalesSales3 FactorDouble wtd Sales
 2015State Sales Tax Rate (%)4.23%6.50%6.00%6.25%6.15%6.00%5.50%4.50%7.00%
 2015Vendor Discounts2.00%2.00%None0.73%1.75%-1.5% 0.009350.25%N/A0.005
 2014Per Capita Total State Tax Revenue$1,854 $3,013 $2,662 $3,042 $2,526 $2,516 $2,592 $2,347 $1,803
 2014Per Capita Property Tax Revenue$4.90 $363.20 N/A$4.25 $27.98 $127.42 $0.08 N/AN/A
 2014Per Capita State Sales and Gross Receipts Tax Revenue$810.61 $1,457.73 $1,213.96 $1,223.43 $1,339.83 $1,213.14 $1,224.53 $1,028.70 $1,337.24
 2014Per Capita State Personal Income Tax Revenue$884.29 $877.22 $1,029.11 $1,246.71 $864.89 $849.51 $1,128.97 $763.82 $36.53
 2014Per Capita Corporate Net Income Tax Revenue$59.00 $134.34 $125.10 $332.64 $113.70 $152.82 $162.95 $102.45 $179.71
 2015Gasoline Total Tax Per Gallon17.321.82220.125.0327.626.51721.4
 2015Diesel Total Tax Per Gallon17.322.823.522.627.0324.625.91418.4
 2015Federal Income Tax DeductionYesNoYesNoNoNoNoNoNo
Category: Cost Of Living
          
 2015Cost of Living - Rank11915241251836
 2015Cost of Living - Composite91.591.392.596.391.99093.389.190.4
 2015Cost of Living - Grocery Items95.294.695.198.792.695.899.597.192.4
 2015Cost of Living - Health Care9788.396100.796.395.3100.895.388.9
 2015Cost of Living - Housing78.381.185.390.382.176.485.478.979
 2015Cost of Living - Miscellaneous86.591.697.39788.697.298.186.293.1
 2015Cost of Living - Transportation104.1102.299.310197.791.890.695.491.5
 2015Cost of Living - Utilities98.795.793.298.398.995.395.392.998.3
Category: Business Climate
          
 2014Gross State Product ($mil)$284,462 $121,395 $170,613 $745,875 $147,075 $188,602 $112,159 $183,501 $300,604
 2014Manufacturing Gross State Product ($ milllions)$35,676 $16,845 $31,151 $99,665 $19,320 $36,184 $13,730 $17,536 $48,385
 2014Total Value of Exports ($ thousands)$14,141 $6,857 $15,101 $68,182 $12,004 $27,541 $31,291 $6,300 $32,957
 2012Jobs Supported by Foreign Direct Investment 89,60041,50051,200272,80058,40095,40027,00048,200125,700
 2014Small Business Innovation Research (SBIR)$13,022,379 $6,612,146 $11,886,136 $39,036,211 $8,224,636 $12,496,996 $2,839,963 $4,986,639 $14,346,934
 2014Small Business Technology Transfer (STTR)$374,946 $1,367,523 $597,749 $6,459,944 $723,765 $2,393,613 $1,730,027 $2,892,525 $1,723,863
 2013Total Venture Capital Investments$77,350,800 $85,507,000 $22,499,900 $437,288,800 $32,851,200 $15,374,700 $11,044,900 $8,213,900 $103,766,000
 2014Total Patents Since 199731,0145,81221,362136,55516,45615,1307,41022,27926,680
 2014Number of Patents (Most recent Year)1,41925910575,9241,0367143976281,181
 2014Patents per Thousand Population23.48.7344635.716.221.116.218
 2015Avg Industrial Electric July (Price/KiloWatt Hour)7.246.457.026.117.535.397.645.676.81
 2015Avg. Commercial Electric July (Price/KiloWatt Hour)10.418.5910.28.8410.329.19.478.0210.34
 2015Avg. Residential Electric July (Price/KiloWatt Hour)12.6910.3613.4412.5412.7210.0612.0510.2910.44
 2014Avg. Industrial Natural Gas (Price/1000cft)8.476.98N/A7.945.75.835.75N/A6.39
 2014Avg. Commercial Natural Gas (Price/1000cft)8.947.848.15N/A9.559.06N/A8.219.42
 2014Avg. Residential Natural Gas (Price/1000cft)10.5610.359.99N/A10.5710.629.310.110.22
Category: Labor
          
 2015Civilian Labor Force (thousands)3,112,0001,348,7001,717,8006,602,5001,493,2001,967,4001,020,5001,848,1003,110,400
 2014Annual Average Total Employment (thousands)2,871,2171,220,8751,629,3266,064,2161,432,3591,875,146988,2491,703,8322,810,862
 2014Annual Average Unemployment Rate6.16.14.47.14.56.53.34.56.7
 2014Total Mfg Employment (thousands)266,213157,444221,508600,782169,855236,098100,086147,306333,059
 2014Annual Average Manufacturing Wage$72,967 $56,581 $78,481 $86,975 $77,086 $70,377 $70,020 $74,832 $70,473
 2013Unemployment Insurance Taxable Wage Base$13,000 $12,000 $26,000 $12,900 $8,000 $9,300 $9,000 $20,100 $9,000
 2013Unemployment Insurance New Employer Entry Rate3.512.91.14.1542.71.6822.7
 2013Unemployment Insurance Minimum Rate00.100.550.11100.30.4
 2013Unemployment Insurance Maximum Rate9.7568.58.959.4105.49.210
 2014Members of Unions (% of Employed)8.44.710.715.17.4117.365
 2014Represented by Unions (% of Employed)9.75.412.616912.897.25.6
 2015Right-to-Work LawNoYesYesNoYesNoYesYesYes
Category: Infrastructure
          
 2014Residential Building Permits16,0037,66610,25620,5787,4599,5367,60514,17927,632
 2011Number of Class 1 Freight Railroads635745336
 2011Total Number of Freight Railroads172515411413111925
 2011Miles of Class 1 Freight Railroads3,4001,6773,1755,8922,8162,0712,4462,0091,838
 2011Total Miles of Freight Railroads3,9582,6983,8557,0274,8552,5623,2473,2732,651
 2012Miles of Interstate Roads1,3796567822,1828748014829331,104
 2012Miles of Principal and Minor Arterial Roads10,4987,3889,77814,7859,6746,1608,1438,4209,296
 2012Total Public Road Miles131,978100,123114,438144,337140,61479,32193,797112,82195,523
 2012Number of Airports359213194468330150195291207
 2012Number of Heliports116808624133923486107
120 S. Central Ave, Suite 1535, St. Louis, MO 63105
12200 NW Ambassador Drive, Suite 205, Kansas City, MO 64163
phone: +1.314.725.0949 toll free: +1.877.725.0949
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