51 Missouri Business Stats & Facts For 2025

Here are 51 business stats about Missouri for 2025.

Basics:

Population: 6,196,156 (US Census 2020)
Population desnity per square mile: 89.50
GDP: $422,306 (millions USD)
GDP Per Capita: $68,623
Median household income (in 2022 dollars): $65,920
Real GDP Growth Rate: 2.20%
Total Employment: 3.1m
Unemployment Rate: 2.8%

Rankings

% Share of National Economy: 1.54%
State Economic Growth Rank (out of 50): 22
Population Growth Rank (out of 50): 39
Business Growth Rank (out of 50): 39
State Growth Rank in Employment (out of 50): 12

Biggest Industries In Missouri By Revenue

1. Third-Party Administrators & Insurance Claims Adjusters: $34.2b
2. Drug, Cosmetic & Toiletry Wholesaling: $34.2b
3. Hospitals: $28.9b
4. Commercial Banking: $23.7b
5. Health & Medical Insurance: $23.7b
6. New Car Dealers: $20.2b
7. Gas Stations with Convenience Stores: $17.2b
8. Warehouse Clubs & Supercenters: $17.0b
9. Colleges & Universities: $14.7b
10. IT Consulting: $14.6b

Biggest Employers In Missouri

1. Walmart: 46,214 (1.5%)
2. BJC HealthCare: 24,920 (0.8%)
3. Mercy Inc: 20,771 (0.7%)
4. Washington University: 19,646 (0.6%)
5. Boeing Co: 15,796 (0.5%)
6. SSM Health: 12,900 (0.4%)
7. CoxHealth: 12,000 (0.4%)
8. Oracle Corporation: 11,750 (0.4%)
9. Schnuck Markets: 7,560 (0.2%)
10. St. Luke’s Health: 6,000 (0.2%)

Small Businesses In Missouri

Number of Small Businesses 548,647
Percent of bossiness that are small businesses: 99.40%
Number of employees: 1,100,000
Share of Employment: 44.80%
Number of New Businesses In The Past Year: 29,925
Number of Businesses That Closed In The Past Year: 24,530
Net Change In New Businesses: 5,395

Number of Businesses With No Employees: 436,168
Number of Businesses with 1-19 Employees: 98,356
Number of Businesses with 20-499 Employees: 14,123
Share of Businesses Owned By Women: 43.60%
Share of Businesses Owned By Veterans: 7.90%
Share of Hispanic Owned Businesses: 2.80%
Share of Businesses Owned By Racial Minorities: 11.70%

Fortune 500 Companies In Missouri

Number of Fortune 500 Headquaters: 2
Biggest Company: Centene
Biggest Company Type: Health Care: Insurance and Managed Care
Number of Employees: 74,300
Revenue (in millions): $144,547

Taxes In Missouri

State Corporate Tax Rate: 4.00%
State Corporate Tax Rate Brackets: $0

State Sales Tax Rate: 4.23%
State Sales Tax Rank (out of 50): 38
Average Local Sales Tax Rate: 4.16%
Max Local Sales Tax Rate: 5.88%
Average Combined Sales Tax Rate: 8.39%
Combined Sales Tax Rank (out of 50): 11

Minimum State Income Tax Rate If You’re Single: 5.00%
Minimum State Income Tax Rate If You’re Married: 5.00%

General Missouri Population Facts

In civilian labor force, total, percent of population age 16 years+: 62.50%
In civilian labor force, female, percent of population age 16 years+: 58.70%
Share of population which is foreign born: 4.20%
Mean travel time to work (minutes), workers age 16 years+: 23.8

Housing

Number of Housing Units: 2,844,346
Owner-occupied housing unit rate: 67.60%
Median value of owner-occupied housing units: $199,400
Median gross rent per month: $957
Households with a computer: 93.00%
Households with a broadband Internet subscription: 86.60%

Education

High school graduate or higher, percent of persons age 25 years+: 91.30%
Bachelor’s degree or higher, percent of persons age 25 years+: 31.20%

Also See

• Missouri Registered Agent Services
• Missouri Secretary of State Business Search
• How To Form an LLC In Missouri
• Missouri Bookkeepers & Bookkeeping Services

Sources

• https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
• https://en.wikipedia.org/wiki/Economy_of_Missouri
• https://www.ibisworld.com/united-states/economic-profiles/missouri/
• https://taxfoundation.org/data/all/state/2024-sales-taxes/
• https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets-2024/
• https://taxfoundation.org/data/all/state/state-income-tax-rates-2024/
• https://advocacy.sba.gov/2023/11/14/2023-small-business-profiles-for-the-states-territories-and-nation/
• https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-MO.pdf
• https://www.bls.gov/eag/
• https://www.bls.gov/regions/mountain-plains/missouri.htm#eag
• https://www.census.gov/quickfacts/fact/table/MO,US/PST045223
• https://www.50pros.com/fortune500