Business and Community Climate
DSM is in the national spotlight for its purposeful growth and sustained momentum for creating meaningful public spaces and quality of life projects. This vibrant, affordable and connected community is backed by strong public-private-nonprofit and entrepreneurial collaboration that drives success in DSM on measures like:
Cost Effectiveness
The cost of doing business in DSM is 14% below the national average (Moody’s Analytics Cost of Doing Business, 2025), making the region a cost-effective place to do business. Business-friendly tax policies, innovative infrastructure and affordable utilities available in DSM further make it a clear choice for business growth. DSM’s workforce also enjoys the benefits of a 13-15% lower cost of living compared to the U.S. average as well as a 33% lower cost of housing (C2ER, 2025).
Growing Population
For more than a decade, DSM’s population has grown an average of 1.3% each year with the overall population growth outpacing its Midwest peers, including Chicago, Milwaukee, St. Louis, Minneapolis, Kansas City and Omaha. The 2023 Greater Des Moines Regional Laborshed Analysis estimates the labor force in the commute zone at 747,976 people. DSM is attracting talent, which means businesses have access to workforce and customers here.
Business Resources
The Greater Des Moines Partnership's team of Economic Development experts can help businesses looking to grow, whether relocating a business or expanding operations to DSM. The team can help with site selection and visits, provide regional labor market data, identify financing and incentive programs and provide access to a wide network of business, civic and municipal leaders.
The Partnership also offers consultations for small businesses in DSM and provides programming and resources for entrepreneurs.
Regional Vibrancy
When considering where to do business, a growing community rich in culture and amenities is a top priority. While you can rely on supportive connections and helpful resources for your business, you’ll also find a thriving, vibrant community in DSM. Community-driven festivals like the World Food & Music Festival, welcoming green spaces like the Raccoon River Park and plenty to do–from biking to breweries to live performances and pickleball – means people love living in DSM. Learn more about what it’s like to live, work and thrive in DSM on our talent attraction website.