Top States for Business 2021

25. Missouri

Business and living costs are low in the Show Me state, but it falls short on education and inclusiveness.

Missouri Score and Ranking

Category 2021 Score 2021 Rank 2019 Rank 2021 Grade
Cost of Doing Business28458A-
Life, Health & Inclusion11247--D-
Business Friendliness1092327D-
Access to Capital1122222D+
Technology & Innovation922422F
Cost of Living6954A+

Economic Profile

Governor: Mike Parson, Republican

Population: 6,151,548

GDP growth (Q1 2021): 6.1%

Unemployment rate (May 2021): 4.2%

Top corporate tax rate: 4%

Top individual income tax rate: 5.4%

Gasoline tax: 17.42 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

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