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Economy, jobs and prices in Missouri, United States: official figures

The economy of Missouri (gross domestic product) was worth $475.4 billion in 2025 at current prices, 1.5% of the US total of $30.86 trillion; 22nd largest of 51. In current dollars it was up 4.3% on 2024.

GDP (current dollars)
$475.4 billion
2025
GDP per resident
$75,811
2025
Personal income per person
$69,836
2025
Median household income
$71,589
2024
Unemployment rate (seasonally adjusted)
3.6%
September 2026
Average annual pay (QCEW)
$66,459
2025
Median household income
$71,583
2024
Median gross rent (monthly)
$1,067
2024

How fast is the economy of Missouri growing?

After adjusting for inflation, real GDP in Missouri grew 1.2% in 2025, against 2.3% for the United States; 10th slowest-growing of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the GDP per capita of Missouri?

Dividing 2025 GDP by the Census Bureau's population estimate gives $75,811 of output per resident, against $90,294 for the US economy divided by the population of the 50 states and DC; 14th lowest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

Is the economy of Missouri growing or shrinking?

In the second quarter of 2026, real GDP in Missouri grew at an annual rate of 1.9% (United States: 2.2%); 24th fastest-growing of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What are the main industries in Missouri?

In 2025 the largest private industry in Missouri's economy was real estate, rental and leasing (12.7% of GDP), followed by manufacturing (10.7%) and health care and social assistance (9.3%). Government accounted for 10.3%; the manufacturing share was 18th highest of 51 (United States: 9.5%).

Source: U.S. Bureau of Economic Analysis · saved copy

How much do people in Missouri spend?

Consumer spending (personal consumption expenditures) in Missouri came to $57,032 per person in 2025 (United States: $61,062); 22nd lowest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

Is Missouri expensive to live in?

Prices in Missouri were 9.2% below the national average in 2024, by BEA's regional price parity of 90.8 (US = 100), which covers goods, services and housing; 13th least expensive of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the inflation rate in Missouri?

Prices in Missouri rose 2.3% in 2024, measured by BEA's implicit regional price deflator, against 2.6% nationally (PCE price index).

Source: U.S. Bureau of Economic Analysis · saved copy

What is the per capita income in Missouri?

Personal income per person in Missouri was $69,836 in 2025, against $77,028 for the United States; 21st lowest of 51. It was up 4.6% on 2024 and up 33.8% on 2020, before inflation.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the disposable income per person in Missouri?

After taxes, disposable personal income per person was $62,280 in 2025 (United States: $67,251); 21st lowest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

How far does income go in Missouri?

Adjusted for local price levels, real personal income per person in Missouri was $57,850 in 2024 in 2017 dollars (United States: $59,195); 24th lowest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the median household income in Missouri?

Median household income in Missouri was $71,589 in 2024 (margin of error ±$703), against $81,604 for the United States; 9th lowest of 51 by the point estimate. It was not statistically different from 2023 after adjusting for inflation (American Community Survey).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Missouri?

The Gini index of household income inequality in Missouri was 0.463 in 2024 (0 means equal incomes, 1 means one household has everything; United States: 0.481); tied for 23rd least unequal of 51.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Missouri?

The unemployment rate in Missouri was 3.6% in September 2026 (seasonally adjusted, preliminary), down from 3.9% a year earlier; tied for 20th lowest of 51. The rate for the 50 states and DC combined was 4.2%.

Source: U.S. Bureau of Labor Statistics · saved copy

How many people are unemployed in Missouri?

In September 2026, 113,644 people in Missouri were unemployed and 3,060,250 employed, out of a labor force of 3,173,894.

Source: U.S. Bureau of Labor Statistics · saved copy

What share of people in Missouri are working?

63.3% of residents aged 16 and over were in the labor force in September 2026, and 61.1% had a job; 17th highest of 51 for labor force participation (50 states and DC combined: 61.6%).

Source: U.S. Bureau of Labor Statistics · saved copy

What was the unemployment rate in Missouri in 2025?

Over 2025 the unemployment rate in Missouri averaged 4.0% (an 11-month average: October 2025 was not collected during the federal shutdown), against 3.7% in 2024; tied for 24th highest of 51. The lowest annual rate since 1976 was 2.6% in 2022.

Source: U.S. Bureau of Labor Statistics · saved copy

What is the average salary in Missouri?

Workers covered by unemployment insurance in Missouri were paid $66,459 on average in 2025 ($1,278 a week), up 3.9% on 2024; the US average was $78,720. That is 20th lowest of 51.

Source: U.S. Bureau of Labor Statistics · saved copy

How many jobs are there in Missouri?

Employers in Missouri had an average of 2,898,452 jobs on their payrolls in 2025 across 254,399 establishments, unchanged on 2024 (United States: up 0.5%).

Source: U.S. Bureau of Labor Statistics · saved copy

What is the median wage in Missouri?

The median annual wage across all occupations in Missouri was $47,800 in May 2025 (mean $62,160); 13th lowest of 51. One in ten workers earned less than $29,780 and one in ten more than $104,320.

Source: U.S. Bureau of Labor Statistics · saved copy

What is the most common job in Missouri?

The most common occupation in Missouri in May 2025 was general and operations managers, with 109,020 workers and a median annual wage of $79,300.

Source: U.S. Bureau of Labor Statistics · saved copy

What is the median household income in Missouri?

Median household income in Missouri was $71,583 in 2024, 9th lowest among the 50 states and DC (U.S.: $81,604). In 2019 it was $57,375, so it has risen 24.8% before allowing for inflation.

Source: U.S. Census Bureau · saved copy

What is the average rent in Missouri?

The median gross rent in Missouri, including utilities, was $1,067 a month in 2024, up 4.7% on 2023 ($1,019); 11th lowest among the 50 states and DC (U.S.: $1,487).

Source: U.S. Census Bureau · saved copy

What is the median home value in Missouri?

Homeowners in Missouri valued their homes at a median of $254,400 in 2024, up 8.9% on 2023 ($233,600); 13th lowest among the 50 states and DC (U.S.: $360,600).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Missouri?

The median home value in Missouri was 3.6 times the median household income in 2024 ($254,400 against $71,583); 15th lowest ratio among the 50 states and DC (U.S.: 4.4).

Source: U.S. Census Bureau · saved copy

Is rent affordable in Missouri?

A household on the median income in Missouri would spend 17.9% of its income on the median rent of $1,067 a month in 2024 (U.S.: 21.9%).

Source: U.S. Census Bureau · saved copy

How Missouri compares with other states

Gross domestic product, 2025 (current dollars) (2025)

Missouri ranks 22 of 51, highest first.

RankRegionGross domestic product, 2025 (current dollars)
19Indiana$542.5 billion
20Minnesota$515.1 billion
21Wisconsin$478.8 billion
22Missouri$475.4 billion
23Connecticut$382.6 billion
24South Carolina$378.4 billion
25Oregon$343.2 billion
Source: U.S. Bureau of Economic Analysis · saved copy

GDP per resident, 2025 (BEA GDP / Census population) (2025)

Missouri ranks 38 of 51, highest first.

RankRegionGDP per resident, 2025 (BEA GDP / Census population)
35Arizona$77,665
36Vermont$77,029
37Florida$76,958
38Missouri$75,811
39Louisiana$74,125
40Michigan$72,462
41Maine$71,898
Source: U.S. Bureau of Economic Analysis · saved copy

Real GDP growth, 2025 (2025)

Missouri ranks 42 of 51, highest first.

RankRegionReal GDP growth, 2025
39Massachusetts1.3%
40Mississippi1.3%
41Nebraska1.3%
42Missouri1.2%
43Kansas1.0%
44Arkansas0.9%
45Wisconsin0.8%
Source: U.S. Bureau of Economic Analysis · saved copy

Real GDP growth, 2026:Q2 (annual rate) (2026:Q2)

Missouri ranks 24 of 51, highest first.

RankRegionReal GDP growth, 2026:Q2 (annual rate)
21Mississippi2.1%
22Ohio2.0%
23New Hampshire2.0%
24Missouri1.9%
25New Jersey1.7%
26Tennessee1.7%
27Iowa1.7%
Source: U.S. Bureau of Economic Analysis · saved copy

Personal income per person, 2025 (2025)

Missouri ranks 31 of 51, highest first.

RankRegionPersonal income per person, 2025
28Maine$71,742
29Wisconsin$71,219
30Utah$70,323
31Missouri$69,836
32Tennessee$69,274
33Kansas$69,149
34Delaware$68,630
Source: U.S. Bureau of Economic Analysis · saved copy

Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) (2024)

Missouri ranks 28 of 51, highest first.

RankRegionReal personal income per person, 2024 (adjusted for local prices, 2017 dollars)
25Tennessee$58,582
26Wisconsin$58,273
27Texas$58,219
28Missouri$57,850
29Maine$57,480
30Florida$57,131
31Louisiana$56,789
Source: U.S. Bureau of Economic Analysis · saved copy

Median household income, 2024 (ACS) (2024)

Missouri ranks 43 of 51, highest first.

RankRegionMedian household income, 2024 (ACS)
40Ohio$72,212
41Tennessee$71,997
42Indiana$71,959
43Missouri$71,589
44New Mexico$67,816
45Alabama$66,659
46Oklahoma$66,148
Source: U.S. Census Bureau · saved copy

Regional price parity, 2024 (US = 100) (2024)

Missouri ranks 39 of 51, highest first.

RankRegionRegional price parity, 2024 (US = 100)
36Wyoming92.7
37New Mexico92.2
38Tennessee91.9
39Missouri90.8
40Kentucky90.2
41Nebraska90.1
42Kansas90.1
Source: U.S. Bureau of Economic Analysis · saved copy

Unemployment rate, September 2026 (seasonally adjusted) (September 2026)

Missouri ranks 30 of 51, highest first.

RankRegionUnemployment rate, September 2026 (seasonally adjusted)
27Kansas3.8%
28Pennsylvania3.6%
29Virginia3.6%
30Missouri3.6%
31Idaho3.6%
32Rhode Island3.6%
33Alabama3.5%
Source: U.S. Bureau of Labor Statistics · saved copy

Unemployment rate, 2025 annual average (2025)

Missouri ranks 24 of 51, highest first.

RankRegionUnemployment rate, 2025 annual average
21New Mexico4.2%
22West Virginia4.2%
23Arkansas4.1%
24Missouri4.0%
25Maryland4.0%
26Colorado4.0%
27Connecticut4.0%
Source: U.S. Bureau of Labor Statistics · saved copy

Labor force participation rate, September 2026 (September 2026)

Missouri ranks 17 of 51, highest first.

RankRegionLabor force participation rate, September 2026
14Texas64.2%
15New Jersey63.7%
16Maryland63.7%
17Missouri63.3%
18Indiana63.1%
19Illinois63.0%
20Virginia62.7%
Source: U.S. Bureau of Labor Statistics · saved copy

Average annual pay, 2025 (QCEW) (2025)

Missouri ranks 32 of 51, highest first.

RankRegionAverage annual pay, 2025 (QCEW)
29Ohio$68,298
30North Dakota$67,580
31Vermont$67,247
32Missouri$66,459
33Wisconsin$66,160
34Maine$65,787
35Indiana$65,067
Source: U.S. Bureau of Labor Statistics · saved copy

Median annual wage, all occupations, May 2025 (OEWS) (May 2025)

Missouri ranks 39 of 51, highest first.

RankRegionMedian annual wage, all occupations, May 2025 (OEWS)
36Idaho$47,970
37Florida$47,880
38Indiana$47,860
39Missouri$47,800
40Nevada$47,660
41Tennessee$47,380
42New Mexico$47,210
Source: U.S. Bureau of Labor Statistics · saved copy

Median household income (2024)

Missouri ranks 43 of 51, highest first. Census Bureau SAIPE model estimates

RankRegionMedian household income
40Ohio$72,259
41Tennessee$72,007
42Indiana$71,958
43Missouri$71,583
44New Mexico$67,838
45Alabama$66,704
46Oklahoma$66,124
Source: U.S. Census Bureau · saved copy

Median gross rent (monthly) (2024)

Missouri ranks 41 of 51, highest first. Renter-occupied units paying cash rent

RankRegionMedian gross rent (monthly)
38Ohio$1,090
39Kansas$1,079
40Alabama$1,077
41Missouri$1,067
42Louisiana$1,064
43Oklahoma$1,044
44South Dakota$999
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2024)

Missouri ranks 39 of 51, highest first. Owner-reported value

RankRegionMedian value of owner-occupied homes
36Pennsylvania$277,600
37North Dakota$266,100
38Nebraska$263,100
39Missouri$254,400
40Michigan$254,200
41Indiana$243,500
42Ohio$239,800
Source: U.S. Census Bureau · saved copy

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