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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 487,061 people.
- The Springfield Regional Economic Partnership spans 10 counties: Barry, Christian, Dade, Dallas, Greene, Lawrence, Polk, Stone, Taney, and Webster and includes 657,287 people.
- Springfield’s area of economic influence reaches 27 counties and 1,071,707 people.
- Over the past 10 years, the metro area’s population has grown 11%.
Workforce
- 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.
Industry
- The health care and social assistance industry employs 41,000 people and in 2022 produced $3.8 billion in GDP for the Springfield metro area.
- In 2022, the manufacturing sector produced $2.7 billion in GDP and provided well-paying jobs for over 19,000 people in the area.
Retail
- 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 13.5% below the national average.
- 1.4 million visitors stay overnight in Springfield.
Transportation
- 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 15 different cities with more than 50 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.
Downtown Redevelopment
- 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
Well-known companies with large operations in the Springfield region include the following:
- Kraft Foods
- 3M
- Bass Pro Shops (headquarters)
- O’Reilly Auto Parts (headquarters)
- Chase Card Services
- Expedia, Inc.
- T-Mobile
- BKD, LLP (headquarters)
- Springfield ReManufacturing Corp (headquarters)
- Jack Henry & Associates (headquarters)
- BNSF Railway
- AT&T