23. Missouri

Smooth roads make for an easy ride through the gateway to the west, but watch out for high crime along the way.

Missouri flag with wood texture
Getty Images
Category
Score
2019 Rank
2018 Rank
Grade
Workforce 204 38 41 D-
Economy 213 24 25 B-
Infrastructure 218 7 11 A-
Cost of Doing Business 236 8 8 A
Quality of Life 110 43 45 F
Education 107 14 18 B
Technology & Innovation 95 22 22 C+
Business Friendliness 90 27 27 C
Access to Capital 45 22 22 C+
Cost of Living 47 4 6 A+
Overall 1365 23 23 -

Economic Profile

Governor: Mike Parson, Republican

Population: 6,126,452

GDP growth (Q4 2018): 1.8%

Unemployment rate (May 2019): 3.3%

Top corporate tax rate: 6.25%

Top individual income tax rate: 5.4%

Gasoline tax: 17.35 cents/gallon

Bond rating (Moody's/S&P): Aaa, stable/AAA, stable

Major private employers: Wal-Mart, The Boeing Company, Monsanto Company

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence