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 470,000 people.
- The Springfield Regional Economic Partnership spans 10 counties: Barry, Christian, Dade, Dallas, Greene, Lawrence, Polk, Stone, Taney, and Webster and includes 631,113 people.
- Springfield’s area of economic influence reaches 27 counties and 1,050,796 people.
- Since 2000, the metro area’s average annual growth rate has been around 1.5%.
- The Springfield metro workforce has grown more than 3.0% in the past 8 years and in 2004 accounted for more than one-third of Missouri’s total job growth.
- The area’s unemployment rate of 2.7% has steadily decreased since 2010 which was at its highest at 8.8%.
- In the Springfield metro area, 95% of businesses have fewer than 50 employees.
- The health care industry employs 36,000 people (16.7% of the total workforce) with a $4.5 billion dollar annual economic impact.
- Springfield’s economic output (gross metro product) grew 32% in the past decade.
- The manufacturing sector creates an $18.6 billion economic impact each year and provides well-paying jobs for over 16,400 people in the area.
- Annual retail sales for the City of Springfield have been $4.5 billion and $6.6 billion for the Springfield metropolitan area.
- The cost of living in Springfield stays consistently 10% below the national average.
- 1.3 million visitors stay overnight in Springfield.
- Springfield-Branson National Airport (SGF) connects to 12 different cities with more than 25 daily flights and boasts more than 1 million passengers annually.
- In 2005, SGF was the 4th fastest growing airport in the U.S. and the new terminal building was completed in 2009.
- Located in the center of the country, Springfield is a transportation hub with numerous 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