Economic growth steady while wages stagnate

Spurred by low costs, Springfield’s unemployment rate continues to be lower than the national average, while higher education opportunities remain catalysts for local business.

The foundation of any healthy community is a strong economy, and Springfield is experiencing a resilient post-recession economy. Development in all corners of the community, diverse business sectors, and an affordable cost of living are framing Springfield’s economy.

 

 

Continued economic strength
Steady economic growth
Education, entrepreneurship and innovation
Affordable cost for businesses

Funding for education and talent development
Impact of poverty and low wages


The following indicators have been identified as instrumental to the Red Flags and Blue Ribbons listed in this section of the 2017 Community Focus Report. Click on an indicator to learn more about the topic.

Children Below 200% Federal Poverty Line

 

 

 

Population Below 200% Federal Poverty Line

 

Per Capita Income by Race/Ethnicity, Disparity Index

 

Average Monthly Unemployment Rate

 


Click here to read the Business & Economic Conditions Section
Click here to read the entire 2017 Community Focus Report for Springfield-Greene County