Springfield, Missouri

May 20, 2003

SPRINGFIELD INCOME GROWTH STAYS STRONG

Recently-released data from the U.S. Bureau of Economic Analysis shows the Springfield metro area's per capita income is growing at a pace greater than Missouri and the nation.

Between 1990 and 2001 the average annual income growth was almost six percent for the Springfield MSA, nearly one percent ahead of the state of Missouri as a whole.

Per capita income is a measure of the total amount of income divided against the total number of people in the same area.  Springfield's per capita income is currently $25,756, up from $24,933 the year before and up from $15,741 in 1990.

Continued growth in the region's per capita income rate is a key success measure of the Partnership For Prosperity economic development initiative in Springfield.

 

        AVERAGE ANNUAL PER CAPITAL INCOME GROWTH
(1990 - 2001)
 

Visit us at www.business4springfield.com for additional information regarding demographic and statistical data on the Springfield area.

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