Economic Impact
Over the past decade, Susquehanna University has seen substantial growth. This has had a robust and far-reaching influence on the region as measured by economic impact, which is now estimated at over $116 million.
See below for some fast facts on Susquehanna's impact on the community or read the full report.
2009–10 by the Numbers |
|
| 599 | Faculty and staff employed by the university, up over 40% from a decade ago |
| $53,000 | Average salary, compared to the Snyder County median household income of $46,000 |
| $65 million | Susquehanna’s budget, 39% of which is for salaries and wages |
| $545,000 | Real estate and local income taxes contributed by employees |
| >$23 million | 3-year average of expenditures on campus construction projects |
| $7.9 million | Spent by Susquehanna students in the five-county area |
| >$20 million | Spent by Susquehanna for food services and miscellaneous items |
| >28,000 | Visitors to Susquehanna during the 2009–10 academic year |
| $2.75 million | Spent in the five-county area by those visitors to Susquehanna in 2009–10 |
| $50,000 | “Good will” payment made by the university to the borough of Selinsgrove |
| $8,000 | Voluntary contribution made to the Selinsgrove fire department |
| 28,000 | Volunteer hours contributed by students |
| $450,000 | Value of student volunteer hours contributed |
*When a multiplier is applied to specific spending components, the overall effect on the economy is significant. Please refer to Table 1 in the Economic Impact Report for an overview.
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