Springfield Region Overview
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Springfield Metro Area
- The Springfield, Missouri Metropolitan Statistical Area (MSA) is comprised of Greene, Christian, Webster, Polk and Dallas counties and has a population of more than 480,000 people.
- The Springfield Regional Economic Partnership spans 10 counties: Barry, Christian, Dade, Dallas, Greene, Lawrence, Polk, Stone, Taney, and Webster and includes 649,960 people.
- Springfield’s area of economic influence reaches 27 counties and 1,060,299 people.
- The metro area’s annual growth rate is 1.3%.
- The Springfield metro workforce has grown more than 9.1% in the last 10 years and in 2022 accounted for 15% of Missouri’s total job growth over the past decade.
- The area’s annual average unemployment rate of 2.3% has steadily decreased since the height of the pandemic which was 5.1%.
- In the Springfield metro area, 95% of businesses have fewer than 50 employees.
- The health care industry employs 40,624 people (15.1% of the total workforce) with a $4.5 billion dollar annual economic impact.
- Springfield’s economic output (gross metro product) grew 51.3% in the past decade.
- The manufacturing sector creates an $18.6 billion economic impact each year and provides well-paying jobs for over 18,300 people in the area.
- Annual retail sales for the City of Springfield have been $6.5 billion and $10.4 billion for the Springfield metropolitan area.
- The cost of living in Springfield is presently 14% below the national average.
- 1.4 million visitors stay overnight in Springfield.
- Springfield is centrally located with Interstate 44 and Highway 65 connectivity that provides broad access to the rest of the country.
- Springfield-Branson National Airport (SGF) connects to 13 different cities with more than 25 daily flights and boasts more than 1 million passengers annually.
- Springfield is a transportation hub that is home to more than 40 trucking terminals. Logistics provides an annual economic impact of $14.3 billion to the metro area.
- The renaissance in downtown Springfield has transformed this historic district into the heart of the Springfield region.
- Fine dining, trendy retail, a lively art scene, entertainment venues and an explosion of loft apartments exist at every turn.
- More than $400 million of private and public money has gone into historic renovations, high-tech research facilities, an 8,000 seat baseball stadium–home to the AA Springfield Cardinals, convention center, recreational ice rink and plenty of park space.
Well-known companies with large operations in the Springfield region include the following:
- Kraft Foods
- Bass Pro Shops (headquarters)
- O’Reilly Auto Parts (headquarters)
- Chase Card Services
- Expedia, Inc.
- BKD, LLP (headquarters)
- Springfield ReManufacturing Corp (headquarters)
- Jack Henry & Associates (headquarters)
- BNSF Railway