advantages of doing business in hannibal, mo

ADVANTAGES OF DOING BUSINESS IN
HANNIBAL, MO
City of Hannibal
Retail 2014
mkempker@nemodev.org
Advantages of doing business in Hannibal, MO
WHY HANNIBAL IS RIGHT FOR YOUR BUSINESS
This report contains in-depth information on what Hannibal offers your business.
LOCATION, LOCATION,
LOCATION
Hannibal is ideally located at the
crossroads of the Chicago-Kansas
City Expressway and Avenue of the
Saints linking Minneapolis/St. Paul
to St. Louis – 4-lane highway
systems that carry a combined
40,000 vehicles through Hannibal
daily and links metro areas of St.
Louis, Kansas City and Chicago, and
by extension Des Moines, Memphis
and Omaha. Adding to the city’s
prime highway placement is the
BNSF Railroad and the Mississippi
River, which makes up the eastern border of the city. Hannibal also boasts a municipal
airport.
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Advantages of doing business in Hannibal, MO
HANNIBAL CONSUMER MARKET
Hannibal defines its consumer market generally along the Hannibal School District boundaries.
Hannibal Consumer Market
Range
Hannibal
Marion County
Consumers
22,554
28,781
Population Radius
5 miles:
10 miles:
15 miles:
20 miles:
21,244
30,940
58,552
98,675
30 miles:
135,578
0 miles:
Median Household Income
$ 39,111
$ 43,120
$ 46,158
$ 45,619
$ 45,345
$
Hannibal’s 30 Mile
Population
135,578
____________
135,578
Median Home Value (Owner-Occupied)
Hannibal
Missouri:
United States:
$ 100,100
$ 123,835
$ 200,419
Consumer Market Demographics
19 and under
20-24
25-34
35-54
55-64
65+
6,135
1,489
2,841
5,932
2,729
3,428
Source: MCDC
Major Consumer Market Employers
Company
General Mills
Hannibal Regional Hospital
Hannibal School District
MO Department of Transportation
Wal-Mart Supercenter
Watlow Industries
Chester Bross Construction
Swiss Colony Data Center
Hannibal Clinic
Printex Textile Manufacturing
# employees
980
913
576
441
375
350
350
350
350
272
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Advantages of doing business in Hannibal, MO
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Hannibal welcomes 300,000 tourists annually.
Tourism is one of Hannibal top industries. As the childhood home of Samuel Clemens, known throughout the
world by his pen name Mark Twain, Hannibal is a destination for tourists from around the globe. In addition,
the community celebrates its heritage with vibrant festivals and events throughout the year.
INVESTING IN HANNIBAL
Tourism
Mark Twain Boyhood
Home & Museum
Mark Twain Cave
Complex
Mark Twain Riverboat
Primary Tourism Drivers – Mark Twain’s Legacy
The city’s lodging tax increased by 4.185% in FY2013
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Advantages of doing business in Hannibal, MO
Numbers to know
Median Household Property Taxes
- 300,000 tourists annually
- ISO rating of 3
- Overall retail Pull Factor of 1.21
- 30-mile population radius over 135,000
Hannibal:
Missouri:
US:
4
$ 681
$ 1,175
$ 1,696
QUALITY OF LIFE
Amenities
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Mark Twain Boyhood Home & Museum
ISO RATING OF 3
World Famous Mark Twain Cave
TREMENDOUS ADVANTAGE
Sawyer’s Creek Fun Park
FOR INSURANCE RATES
Mark Twain Riverboat Cruises
Cave Hollow West Winery
Hannibal Cavemen NAIA League Baseball
Nationally recognized festivals, including National
Tom Sawyer Days, Autumn Historic Folklife Festival, 50 Miles of Art and Just Girls
Weekend
Historic Downtown Hannibal – shopping, dining, art galleries, festivals and concerts
30 City parks – over 700 acres – includes marina, outdoor aquatics center, skate park
and hiking and biking trails
Full service YMCA with 7,000 members
Mark Twain Lake (18,000+ acre recreational lake, located 25 minutes from Hannibal)
Education
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Hannibal Public School #60 district is rated “accredited with distinction in performance”
by MO Department of
Elementary and Secondary
Education
Higher Education
Institutions include Hannibal
LaGrange University and
Moberly Area Community
College
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Advantages of doing business in Hannibal, MO
$1 million
renovation of
Historic District
New CVS
Pharmacy &
Casey's
General Store
New 40,000
Sq. Ft.
Shopping
Center
5
HannibalLaGrange's
$3.8 million
new library
facility
Contact:
Mark Kempker
Northeast Missouri Economic Development
201 N 3rd St. Suite 220
Hannibal, MO 63401
P: 573.231-6284
2014