State Resources
Missouri Business Resources | ||||
Admitted as a state in 1821, Missouri was known as the “Gateway to the West” because of its many routes to the Pacific. The Gateway Arch monument in St. Louis honors the state’s history. Due to its central location, Missouri is a major transportation crossroad, with the two largest cities of St. Louis and Kansas City being the main hubs. St. Louis has the nation’s largest inland riverport, located at the intersection of the Missouri and Mississippi Rivers. Missouri’s role as a link to the West continues today with the five interstates that crisscross the state. Missouri is the leading manufacturing state in the Midwest, and the leading agricultural state in the union. The main manufacturers are aerospace and transportation, and machinery, chemicals, publishing, food products and electrical equipment are important. State exports have more than doubled the past five years, with Canada and South Korea as the top markets. | ||||
Business Data | ||||
Per Capita Real GDP | $33,297 Rank: 37/50 (2006) | |||
Population | 5,595,210 Rank: 17/50 (2000) | |||
Per Capita Personal Income | $32,705 Rank: 31/50 (2006) | |||
Unemployment Rate | 5.50% Rank: 39/50 (2008) | |||
Business Tax Climate Index | Rank: 15/50 (2008) | |||
Corporate Tax Rate | ||||
Individual Tax Rate | 1.5% - 6.0% | |||
Sales Tax Rate | 4.225% | |||
Business Tax Climate Index | ||||
Individual Income Tax Index Rank | 23 | |||
Sales Tax Index Rank | 22 | |||
Unemployment Insurance Tax Index Rank | 4 | |||
Property Tax Index Rank | 9 | |||
Business Tax Climate Index | 15 | |||
Corporate Tax Index Rank | 10 | |||
State Information | ||||
Abbreviation | MO | |||
Capital | Jefferson City | |||
Nick Name | Show Me State | |||
State Web Site | http://www.missouri.gov | |||
Motto | The Welfare of the People is the Highest Law | |||
Top 5 Export Partner Countries | Canada, Korea, South, Mexico, China, Japan | |||
Top 5 Export Merchandise | Chemicals Sales Transportation Equipment Sales Computers and Electronic Products Manufacturing Primary Metals Manufacturing Chemicals Manufacturing | |||
Major Cities | Kansas, Springfield, St. Louis | |||
GDP | ||||
Total Gross Domestic Product (USD Millions) | $229,470.00 (2007) | |||
Per Capita Real GDP (USD) | $32,590.00 Rank: 40 (2007) | |||
Population Stats | ||||
Population | 5,911,605 Rank: 18 (2008) | |||
Age Distribution | ||||
Under 18 Population | 1,427,690 | |||
Under 18 Percent of Total Population | 26% | |||
65 and older Population | 755,379 | |||
65 and older Percent of Total Population | 14% | |||
Gender Distribution | ||||
Male Population | 48.6% | |||
Female Population | 51.4% | |||
Non-English Speaker (at home) | 210,705 | |||
Net International Immigration | 42,690 | |||
Birth Rate | 13.5% | |||
Percent of People Under Poverty Level | 13.3% | |||
Rank | 21 | |||
Expenditure | ||||
Per Capita State Spending | $22,980 | |||
Rank | 44 | |||
Energy Expenditures per Person | $3,689 | |||
Expenditures of State and Local Government Employee-Retirement Systems | $2,638,394 | |||
Revenue | ||||
Personal Income | $33,984 | |||
Rank | 31 | |||
State Internal Revenue Collection | $48,568,138 | |||
Rank | 19 | |||
Cash and Deposits by State Government | $2,233,480 | |||
Per Capita State Tax Collection | $1,751 | |||
Rank | 47 | |||
Education | ||||
High School Graduation Rate | 77.2% | |||
Rank | 16 | |||
Percent of Population with a Bachelor's Degree | 15.4% | |||
Rank | 36 | |||
Percent of Population with an Advanced Degree | 8.6% | |||
Rank | 28 | |||
Largest Universities | University of Missouri, Columbia Missouri State University Webster University | |||
High School Graduation Rate | 77.2% | |||
Logistics | ||||
Public Road Length (Mile) | 127,205 | |||
Gas Tax Rate (%) | 17% | |||
Highway Planning and Construction (USD Thousands) | 773,247 | |||
Number of Public Airports | 131 | |||
Main Airports | MCI: Kansas City SGF: Springfield STL: St. Louis | |||
Ports | Kansas City St. Louis | |||
Weather | MapView Larger Map | |||
State Business Links | ||||
St Louis Today | ||||
http://www.stltoday.com | ||||
Secretary of State | ||||
Missouri Secretary of State | ||||
http://www.sos.mo.gov | ||||
Source for genealogical information, including courthouse records from Missouri counties, and census and historical information | ||||
Small Business Administration | ||||
Missouri Small Business Administration | ||||
http://www.sba.gov/localresources/district/mo | ||||
SBA guarantees loans for everything from purchasing land to constructing a building, machinery and equipment, inventory, working capital, and lines of credit. Financial assistance is provided through the many 7(a), 504 and Microloan loan programs. The 7(a) program includes SBAExpress, Community Express, Patriot Express, CAPLines, International Trade, Export Working Capital, DELTA, and Women and Minority Pre-Qualification loans. | ||||
Top 10 Business Links | ||||
Missouri Business Development Program | ||||
http://www.missouribusiness.net/ | ||||
This site provides extensive information on starting a business in Missouri, with all necessary steps outlined and various tools and resources provided. Other business programs and resources are also available. | ||||
Missouri Development | ||||
http://www.missouridevelopment.org/ | ||||
Part of the department of economic development, this website offers a variety of tools to assist entrepreneurs, such as a finance guide, international trade information, economic and business statistics. In the business solutions section, regional profiles, industry information, tax information, and other useful information is provided. | ||||
Missouri Enterprise | ||||
http://www.missourienterprise.org/SeminarsEvents/Overview/tabid/62/Default.aspx | ||||
Missouri enterprise offers a variety of business courses, on a fee basis, to help entrepreneurs better handle their business. | ||||
Missouri Procurement Technical Assistance Centers | ||||
http://www.missouribusiness.net/ptac/index.asp | ||||
These centers provide aid to small businesses in obtaining different levels of government contracts. In addition to training events, various services, such as help preparing bids or registration assistance, are offered. | ||||
Missouri Small Business Development Centers | ||||
http://www.missouribusiness.net/sbdc/ | ||||
The Missouri SBDCs aim to help small businesses in Missouri. They offer counseling services on all manner of business matters affecting forming or existing small businesses at low or no cost. Training workshops and seminars are offered as well. | ||||
St. Louis Business Journal | ||||
http://stlouis.bizjournals.com/stlouis/ | ||||
This online version of the St. Louis Business Journal provides news articles pertaining to news updates, special reports, and business advice for Missouri businesses. | ||||
U.S. Export Assistance Center of Kansas City | ||||
http://www.buyusa.gov/kansascity/ | ||||
The Kansas City branch of the Department of Commerce, which services Missouri, specializes in helping small to medium sized companies develop and execute exporting strategies. Fees vary and are based on the service being provided. Industry bulletins, a trade lead database, and archived webinars and videos are available for free. There is also an export assistance center for St. Louis, Missouri. | ||||
World Trade Center St. Louis | ||||
http://www.worldtradecenter-stl.com/ | ||||
This center offers members aid in competing globally, helping out with market research, trade information, and counseling; networking, contacts, and referrals; and international training, education, and seminars. Membership is required to take advantage of these services. |