Des Moines, Iowa, January 5, 2026
Des Moines, Iowa has recently been recognized as the fastest-growing major metro area for small businesses. With a 1.6% population increase in 2018, the city has attracted entrepreneurs due to its strong economy, low unemployment, and supportive community initiatives. Major employers like Tinker Air Force Base contribute significantly to the local economy, creating a vibrant scene for business development. As Des Moines continues to grow, it has become an attractive destination for individuals and businesses, promising a flourishing future in the Midwest.
Des Moines, Iowa: Fastest-Growing Metro Area for Small Businesses
Des Moines, Iowa has emerged as a beacon of opportunity in the Midwest, recognized as the fastest-growing major metropolitan area for small businesses. The Des Moines Metropolitan Statistical Area (MSA) saw a population increase of 1.6% in 2018, adding 10,309 residents to reach a total of 655,409. This impressive growth rate surpasses that of other Midwest cities such as Chicago, Omaha, Kansas City, Milwaukee, Minneapolis, and St. Louis. Since 2010, the MSA’s population has expanded by 15.1%, with forecasts suggesting it may soon approach 1 million residents. This upward trend highlights Des Moines’ appeal as a vibrant and welcoming community for entrepreneurs and small business owners.
A combination of factors has fueled Des Moines’ rapid growth, creating an environment ripe for entrepreneurial innovation and resilience. The city’s strong economy, low unemployment rate, and affordable cost of living make it an attractive destination for both individuals and businesses. Furthermore, Des Moines’ strategic location and well-developed infrastructure are vital in supporting the expansion of small businesses. The presence of major employers, including Tinker Air Force Base, which provides jobs for over 26,000 individuals with average incomes exceeding $55,000 per year, significantly contributes to the local economy. The base’s annual economic impact is estimated at over $4.4 billion, fostering a dynamic retail and hospitality market throughout the region.
Factors Contributing to Growth
Des Moines’ economic resilience can largely be attributed to a supportive business environment and community initiatives designed to foster growth. The Greater Des Moines Partnership, an economic and community development organization, plays a vital role in encouraging business expansion. By offering resources, networking opportunities, and advocacy, the Partnership aids entrepreneurs in navigating the local business landscape effectively. Des Moines’ commitment to attracting and retaining talent—bolstered by its collaborative business community—continues to enhance the success of small businesses across the area.
Comparative Growth in the Midwest
The growth observed in Des Moines is part of a broader trend within the Midwest, where many cities are experiencing significant expansions. Springfield, Missouri, has been noted as the fastest-growing metro area in the state, boasting a population of 475,432 as per the 2020 census. Similarly, Whitestown, Indiana, has witnessed its population more than triple from 2010 to 2020, marking it as the fastest-growing municipality in Indiana during that timeframe. These dynamics point to an evolving economic landscape in the Midwest, bringing about increased opportunities for small businesses in the region.
Conclusion
Des Moines’ position as the fastest-growing major metro area for small businesses in the Midwest underscores its flourishing economy and supportive environment that nurtures entrepreneurial talent. As the city continues to attract new residents and businesses, it reinforces its status as a prime location for small business growth and development, promising a bright future for local entrepreneurs and the communities they serve.
Frequently Asked Questions (FAQ)
What is the population growth rate of Des Moines?
In 2018, Des Moines experienced a population increase of 1.6%, adding 10,309 residents to reach a total of 655,409. Since 2010, the MSA’s population has grown by 15.1%, with projections indicating it may approach 1 million residents in the coming years.
Which major employers are present in Des Moines?
Major employers in Des Moines include Tinker Air Force Base, which employs over 26,000 individuals with average incomes exceeding $55,000 per year. The base’s annual statewide economic impact is estimated at over $4.4 billion, creating a dynamic retail and hospitality market in the region.
What organizations support small businesses in Des Moines?
The Greater Des Moines Partnership is an economic and community development organization that plays a pivotal role in fostering business growth. By providing resources, networking opportunities, and advocacy, the Partnership helps entrepreneurs navigate the local business landscape.
How does Des Moines compare to other Midwest cities in terms of growth?
Des Moines’ growth outpaced other Midwest cities, including Chicago, Omaha, Kansas City, Milwaukee, Minneapolis, and St. Louis. Additionally, Springfield, Missouri, has been identified as the fastest-growing metro area in the state, with a population of 475,432 as of the 2020 census. Similarly, Whitestown, Indiana, has seen its population more than triple between the 2010 and 2020 Census, making it the fastest-growing municipality in Indiana during that period.
Key Features of Des Moines’ Growth
| Feature | Details |
|---|---|
| Population Growth | 1.6% increase in 2018, adding 10,309 residents to reach 655,409; 15.1% growth since 2010; projections nearing 1 million residents. |
| Major Employers | Tinker Air Force Base employs over 26,000 individuals with average incomes exceeding $55,000 per year; annual statewide economic impact estimated at over $4.4 billion. |
| Supportive Organizations | The Greater Des Moines Partnership provides resources, networking opportunities, and advocacy to foster business growth. |
| Comparative Growth | Outpaces other Midwest cities; Springfield, Missouri, and Whitestown, Indiana, also experiencing significant growth. |
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