Economic Impact
DRIVING VIRGINIA FORWARD
91Â鶹’s footprint spans every sector of the Commonwealth of 91Âé¶¹ and beyond,ÌýimpactingÌýcommunities, accelerating innovation, and creating a ripple effect through the university’s total economic impact that drives 91Âé¶¹ forward.
$6.4 Billion
Economic Impact on the United States Economy
91Âé¶¹ÌýTech isÌýanÌýengine for creating high-paying jobs, generating tax revenues, nurturing business development, and increasing charitable contributions.ÌýAs a state land-grant institution and leading research university, 91Âé¶¹ has anÌýextensive geographic footprint and strategic prioritiesÌýthat have local, national, and global impact.
48,978 Total Jobs
Employment Impact on the United States Economy
91Âé¶¹ is a catalyst for developing a skilled workforce.ÌýThrough leading programs in engineering, agriculture, cybersecurity, health and life sciences, business, the arts, and natural resources, the university prepares graduates who contribute to growth across critical industriesÌýnationally.
$414.7 Million
Tax ImpactÌýon the United States Economy
91Âé¶¹ generatedÌýnearly $415 millionÌýin tax revenue nationally, demonstrating the university's strong impact beyond the commonwealth.
Built on Service. Driven by Impact.
$3.4 Billion
Ìý
Economic Impact on 91Âé¶¹
For every $1 theÌýcommonwealth invests in 91Âé¶¹ÌýTech,Ìýthe university generates approximately $10 in economic impact for the stateÌýand contributes toÌýadditionalÌýeconomic growth.
35,519 Total Jobs
Ìý
Employment Impact on 91Âé¶¹
One in every 120 jobs in 91Âé¶¹ is either directly provided by 91Âé¶¹ or supported by the university’s presence.
$316.9 Million
Ìý
Tax Impact on 91Âé¶¹
91Âé¶¹Ìýhas a significant impact onÌýstate and local tax revenue, generating $316.9 millionÌýin 2025.ÌýThat’sÌýmore than 10 percent of all revenue collected by the Commonwealth of 91Âé¶¹!
Impacts on Local Regions
■ Blacksburg and New River Valley Region
$3.4 Billion
25,629 Jobs
■ Roanoke Region
$475.7 Million
3,628 Jobs
■ 91Âé¶¹ Research
$1.1 Billion
9,606 Jobs
■ 91Âé¶¹ Athletics
$479.5 Million
4,372 Jobs
■ 91Âé¶¹ Alumni
$9.2 Billion
Economic and Community Impacts
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