Springfield MISSOURI DEMOGRAPHIC & STATISTICAL PROFILE 4TH QUARTER,

Transcription

1 Springfield MISSOURI DEMOGRAPHIC & STATISTICAL PROFILE 4TH QUARTER, 00 Springfield Area Chamber of Commerce Springfield Business & Development Corporation 0 S. John Q. Hammons Parkway Springfield, MO Full profile available at:

2 EXECUTIVE SUMMARY SPRINGFIELD METRO AREA The Springfield Metropolitan Statistical Area includes Greene, Christian, Webster, Polk, and Dallas counties in Southwest Missouri. NATIONAL RECOGNITION FOR SPRINGFIELD Top 10 Best Metros for Business Expansion (Expansion Management) Top 10 Place to Live and Work (Employment Review) Top 1 City for Doing Business (mid-sized metros) (Inc. Magazine) Top 1 Midwest Cities for High-Tech Jobs (CorpTech, Technology Industry Growth Forecaster) Top Best Place in the U.S. (Forbes Magazine) Gold Medal School System (Expansion Management Magazine) -Star Quality of Life (Expansion Management Magazine) WELL-KNOWN COMPANIES OPERATING IN SPRINGFIELD WORKFORCE WATER FEATURE AT JORDAN VALLEY PARK Current Springfield Metro Area Workforce: 1,18 Annual Workforce Growth Rate:.4% Average Employment By Sector Kraft Foods MCI Worldcom General Electric Northrop Grumman Sweetheart Cup Paul Mueller Reckitt Benckiser M Dairy Farmers of America O Reilly Auto Parts Bass Pro Shops Burlington Northern Santa Fe Springfield Remanufacturing Willow Brook Foods POPULATION Current Springfield Metro Area Population: 90,986 Annual Population Growth Rate:.% Population for Springfield Metro Area SOURCE: Bureau Of Labor Statistics EMPLOYMENT Current Unemployment Rate for Springfield Metro: 4.8% Unemployment Rate for Springfield Metro Area SOURCE: Bureau Of The Census Springfield City Limits: 10,867 Springfield s Economic Area: 96,0 (defined by the U.S. Dept of Commerce, Bureau Of Economic Analysis; (includes Missouri counties of Barry, Christian, Dade, Dallas, Dent, Douglas, Greene, Hickory, Howell, Laclede, Lawrence, Oregon, Ozark, Phelps, Polk, Pulaski, Shannon, Stone, Taney, Texas, Webster, and Wright, and the Arkansas counties of Baxter, Boone, Carroll, Marion, and Newton.) Ozarks Regional Economic Partnership: 4,498 (10-county area; includes Barry, Christian, Dade, Dallas, Lawrence, Greene, Polk, Stone, Taney, and Webster counties.) SOURCE: Bureau Of Labor Statistics

3 MAJOR EMPLOYERS CoxHealth St. John s Health System Wal-Mart Stores Springfield Public Schools Missouri State University Bass Pro Shops / Tracker Marine United States Government State of Missouri City of Springfield Citizens Memorial Hospital O Reilly Auto Parts Chase Card Services (formerly Bank One) Kraft Foods General Council of the Assemblies of God City Utilities of Springfield SRC Holdings Burlington Northern Santa Fe Railroad Hutchens Industries Willow Brook Foods Associated Wholesale Grocers / Elite Logistics American National Property & Casualty Greene County Paul Mueller Loren Cook Prime 8,600 7,900 4,00,000,66,640,480,4 1,6 1,60 1,80 1,0 1,18 1,100 1,00 1, The top largest employers account for over % of the total workforce in the Springfield metro area. In the Springfield metro area small businesses (less than 100 employees) comprise 97.7% of all business establishments. COLLEGES & UNIVERSITIES SCHOOLS SOUTHWEST MISSOURI STATE UNIVERSITY Missouri State University Ozarks Technical Community College Drury University Evangel University Southwest Baptist University - Bolivar Central Bible College Baptist Bible College Cox College of Nursing Springfield College St. John s School of Nursing, SBU - Springfield Assemblies of God Theological Seminary University of Phoenix Forest Institute of Professional Psychology Bryan Career College Vatterott College Webster University 19,0 8,99 4,89 1,967 1, Schools Teachers Enrollment Public Elementary School Public Middle School Public High School Private Elem. / Middle Private High School ,041,896 7,48 1, Student-Teacher Ratio Public Elementary School Public Middle School Public High School Private Elem. / Middle Private High School 16. : : 1 0. : : : 1 COX MEDICAL CENTER, PART OF MEDICAL MILE The average teacher experience in the SPS system is 14 years and 9% of faculty have a Masters Degree. HEALTH CARE Hospital St. John s Regional Health Center Cox Medical Center South / Walnut Lawn Cox Medical Center North Lakeland Regional Hospital Doctors Hospital of Springfield Beds Springfield s health care system offers every specialty listed by the American Medical Association. The health care sector employs over,000 people and provides an economic impact of well over $ billion. RECENTLY RENOVATED CENTRAL HIGH SCHOOL

4 INCOME & WAGE RATES Springfield Metro Area Per Capita Income: $6,09 Springfield Metro Area Average Wage Per Job: $8,018 HOUSING Average Home Sales Price Trends Springfield Metro Median Household Income: $4,19 SOURCE: Bureau Of Economic Analysis, Bureau Of The Census Per Capita Income Annual Growth Comparison SOURCE: Greater Springfield Board Of Realtors SOURCE: Bureau Of Economic Analysis Office & Clerical National Springfield Administrative Assistant General Office Clerk Receptionist Accounting Clerk Office Manager $17. $11.4 $10.6 $1.9 $0.46 $1.7 $9.80 $9.06 $11.6 $1.9 Professional & Technical MILLWOOD GOLF COMMUNITY Accountant / Auditor Computer Programmer Mechanical Engineer Marketing Manager Human Resources Manager $6.6 $1.01 $1.7 $44. $6.1 $0.4 $1.6 $7.11 $1.49 $7.41 Fair Market Rents Comparison Manufacturing & Maintenance Machinery Maintenance Worker Janitor First Line Supervisor (Prod. & Oper.) Tool / Die Maker Sheet Metal Worker $16.41 $9.77 $.4 $1.10 $18.16 $1.7 $8.7 $18.8 $18.41 $1.6 Miscellaneous Welder Truck Driver (Light/Delivery) Mail Clerk Training & Development Specialist Customer Service Representative $1.06 $1.76 $10.91 $.8 $1.7 $1.6 $1.6 $8.0 $18.4 $11.6 SOURCE: Bureau Of Labor Statistics SOURCE: U.S. Dept. of Housing & Urban Development

5 AIRPORT TRANSPORTATION Airline American Connection * American Connection American Eagle Northwest Airlines Northwest Airlink Northwest Airlink United Express United Express Delta Connection Delta Connection Delta Connection Allegiant Air Allegiant Air * not jet service Connections St. Louis Chicago Dallas/Ft. Worth Memphis Detroit Minneapolis/St. Paul Chicago Denver Cincinnati Salt Lake City Atlanta Las Vegas Orlando Flights Daily 7 4 weekly weekly DISTANCES TO SPRINGFIELD Springfield-Branson Regional Airport (SGF) is one of the fastest growing small hub airports in the U.S. and the process to build a new terminal building is underway. Runways are 7,00 ft. and 8,000 ft. in length. The airport offers general aviation (4hrs.) and cargo services which include FedEx, UPS, and Airborne Express as well as a U.S. Customs office and a Foreign Trade Zone. Total Passengers for SGF City Kansas City St. Louis Memphis Dallas Chicago Detroit Miles Days by Rail City Denver Atlanta New York Boston Los Angeles Seattle Miles ,196 1,407 1,61,0 Days by Rail All cities are one day by motor freight except New York, Boston, Los Angeles & Seattle which are two days. UTILITIES & TELECOMMUNICATIONS Electric, water, and natural gas are provided through City Utilities of Springfield within the city limits and the general vicinity. Sewer service is provided by the City of Springfield within the urban service area Electric service in the outlying areas is provided through Associated Electric Cooperative s rural provider network. SBC is the primary provider of telecommunications infrastructure and services. Many other companies also provide similar services throughout the Springfield area. Fiber optic services are available within the city limits and in additional areas of increased development. Highspeed internet, Sonet rings and redundant capabilities are also available in these areas. SOURCE: Springfield-Branson Regional Airport Numerous companies, including MCI, Sprint, and AT&T, have long distance points of presence (POP s) located in Springfield. Mostly POP s are situated within the downtown / center city area.

6 ECONOMIC OUTPUT Gross Metro Product for Springfield Metro Area GALLOWAY CREEK GREENWAY TRAIL AT SEQUIOTA PARK SOURCE: US Conference of Mayors & DRI-WEFA Springfield s GMP (Gross Metro Product) ranks 0th out of 7 countries & metro areas and it is more than the combined GNP (Gross National Product) of the countries of Albania, Nicaragua, Bermuda, Belize, and St. Lucia. COST OF LIVING Cost Of Living Index Comparison TAXES INCOME TAX Missouri Income Tax: Graduated rate; highest is $1 plus 6% over $9,000. Part of the federal taxes paid are subtracted from the net income to determine the state taxable income. Missouri Corporate Income Tax: 6.%; 0% of the federal taxes paid is subtracted from the net income to determine the net taxable income earned in Missouri. SALES TAX City of Springfield Greene County State of Missouri Total 1.7% 1.000% 4.% 6.600% PROPERTY TAX Real Property Tax: $4. per $100 of assessed value. (A $1.04 surcharge is added to commercial property.) Property is assessed at the following percentages of their appraised value: commercial - %; residential - 19%; agricultural - 1% SOURCE: ACCRA Cost Of Living Categories For Springfield Personal Property Tax: $4. per $100 of assessed value. Assessed valuation is one-third (.%). Personal property tax is levied on licensed vehicles, livestock, mobile homes, commercial office equipment, farm equipment, machinery & tools, and leased commercial property. Springfield R-1 School District City of Springfield Springfield-Greene County Library Ozarks Technical Community College Greene County Roads & Bridges Sheltered Workshop State of Missouri Total $. $ 0.68 $ 0.47 $ $ $ $ $ $ 4.06 SOURCE: ACCRA 09/8/0