POPULATION: 5,911,605

LABOR FORCE: 2,981,717

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES: Agriculture, manufacturing, tourism, service and trade

EXPANDING INDUSTRIES: Advanced manufacturing, biomedical/biotechnology, renewable energy development and systems, aviation/aerospace, information and media, financial services, professional services, warehouse/distribution

COLLEGE GRADUATES: (Age 25 and over) 24.0%

BASIC BUSINESS TAXES:
Corporate Income Tax: 5.2 percent net effective corporate income tax rate Sales and Use Tax: 4.225 percent state rate; an additional 1.5 percent use tax for local jurisdictions; communities may adopt a local sales tax, generally ranging from 0.5 to 1 percent; counties also may adopt a sales tax ranging from 0.25 percent to 1 percent, with exemptions

Property Tax: Real property classified as commercial/industrial is assessed at 32 percent, residential at 19 percent, agricultural at 12 percent of true or fair market value; commercial and industrial real property assessed an additional county surcharge designed to replace revenues lost by tax exemption of business inventories (with exemptions)

BUSINESS INCENTIVES:
Quality Jobs Act (refundable job creation tax credit)
Missouri Build (refundable investment tax credits)
Missouri Customized Jobs Training grants
New Jobs Training (withholdings tax redirection)
Enhanced Enterprise Zone Tax Credits
Chapter 100 property tax abatement
Tax-exempt industrial development bonds
State Historic Tax Credit
Missouri Downtown Economic Stimulus Act
Industrial infrastructure grants
Action Fund Loan Program
Tax increment financing
Foreign-trade zones
Rebuilding Community Tax Credits
Brownfield redevelopment tax credits