#29 Missouri


#29 in Taxation and Regulation

#42 in Workforce Quality

#31 in Living Environment

Right to Work?

Regional Profile – Midwest

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
Illinois
12
12
12
12
Indiana
1
3
2
2
Iowa
4
5
3
4
Kansas
7
6
9
8
Michigan
11
10
10
10
Minnesota
10
11
6
7
Missouri
9
8
11
6
Nebraska
8
4
1
1
North Dakota
6
2
8
11
Ohio
2
7
4
5
South Dakota
5
1
7
9
Wisconsin
3
9
5
3

Key Industries

Advanced Manufacturing, Automotive, Biotech, Energy, Healthcare, I.T., Logistics

Key Companies

Charter Communications

Emerson Electric

Express Scripts

Monsanto

Panera Bread

Peabody Energy

Sigma-Aldrich

Advantages

Service industries, including travel and tourism, generates more income and jobs than any other segment. Due their low-overhead business model, this provides plenty of opportunity for high-tech and e-commerce businesses.

If you’re looking for skilled workers, the population of Missouri is expected to grow by 21% by 2030.

Key Contacts

Dept. of Economic Development

Mike Downing, Director
573-751-4962
301 W. High Street
P.O. Box 1157
Jefferson City, MO 65102

ecodev@ded.mo.gov
https://ded.mo.gov/home.aspx

CEO Comments

“We are in Missouri, and all in all, they pretty much leave us alone, so that is good. The unfortunate thing is that we don’t have a Right-to-Work law.”

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No 23: Missouri

No. 23

Missouri

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations
  • State Corporate Income Tax Rate: 6.25%
  • Highest Personal Income Tax Rate: 6%
Workforce Quality
  • % with High School diploma or more: 86.5
  • % with Bachelor’s degree or more: 25.0
  • % with Advanced degree or more: 9.1
  • Patents per 100K: 16.29
  • % of Employed Represented by Unions: 11.1
Quality of Life
  • Hopsitals per 10K: 0.205
  • Elementary/Secondary Schools per 1000 people: 0.409
  • Violent Crimes per 100K: 532.4
Key Companies
  • Emerson Electric
  • Monsanto
  • Peabody Energy
  • Express Scripts
  • Charter Communications
Other Highlights
  • Missouri rose to #23 from #26 in 2009 and 2010;
  • Missouri ranks #27 in state debt per capita with $3218

Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education