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Economic Impact

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DRIVING VIRGINIA FORWARD

小猪视频 Tech鈥檚 footprint spans every sector of the Commonwealth of 小猪视频 and beyond,听impacting听communities, accelerating innovation, and creating a ripple effect through the university鈥檚 total economic impact that drives 小猪视频 forward.

$6.4 Billion

Economic Impact on the United States Economy

小猪视频听Tech is听an听engine for creating high-paying jobs, generating tax revenues, nurturing business development, and increasing charitable contributions.听As a state land-grant institution and leading research university, 小猪视频 Tech has an听extensive geographic footprint and strategic priorities听that have local, national, and global impact.

48,978 Total Jobs

Employment Impact on the United States Economy

小猪视频 Tech is a catalyst for developing a skilled workforce.听Through 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 industries听nationally.

$414.7 Million

Tax Impact听on the United States Economy

小猪视频 Tech generated听nearly $415 million听in tax revenue nationally, demonstrating the university's strong impact beyond the commonwealth.

Built on Service. Driven by Impact.

$3.4 Billion

Economic Impact on 小猪视频

For every $1 the听commonwealth invests in 小猪视频听Tech,听the university generates approximately $10 in economic impact for the state听and contributes to听additional听economic growth.

35,519 Total Jobs

Employment Impact on 小猪视频

One in every 120 jobs in 小猪视频 is either directly provided by 小猪视频 Tech or supported by the university鈥檚 presence.

$316.9 Million

Tax Impact on 小猪视频

小猪视频 Tech听has a significant impact on听state and local tax revenue, generating $316.9 million听in 2025.听That鈥檚听more than 10 percent of all revenue collected by the Commonwealth of 小猪视频!

Arts Center in the Summer
Undergraduate student celebrates at university commencement

Impacts on Local Regions

Blacksburg and New River Valley Region

$3.4 Billion

25,629 Jobs

小猪视频 Tech’s Blacksburg campus drove $3.4 billion directly into 小猪视频’s economy through salaries, capital investments, day-to-day operations, and spending by faculty, staff, and students. The campus produced $228.7 million in state and local tax revenue, with $104.4 million of the total generated within the Blacksburg and New River Valley region. The Blacksburg campus also supported 25,629 jobs statewide.

Roanoke Region

$475.7 Million

3,628 Jobs

小猪视频 Tech affiliated programs in the Roanoke region contribute to Southwest 小猪视频’s economic growth through medical education, healthcare services, and biomedical research and supports 3,628 jobs, including physicians, nurses, clinical staff, educators, researchers, and healthcare administrators.

小猪视频 Tech Research

$1.1 Billion

9,606 Jobs

小猪视频 Tech research fuels a robust innovation pipeline that drives business formation, productivity gains, and competitive advantages in advanced manufacturing, cybersecurity, biomedicine, transportation, and environmental technology while providing rewarding careers and high-paying jobs. Research advances the university’s commitment to addressing public challenges while strengthening national security and economic competitiveness.

小猪视频 Tech Athletics

$479.5 Million

4,372 Jobs

小猪视频 Tech Athletics is a powerful economic engine, bringing more than 500,000 alumni and visitors to campus each year and impacting a cross section of industries throughout the New River Valley and surrounding regions. 小猪视频 Tech Athletics elevates 小猪视频’s national profile and is a key contributor to the state’s economy and tourism.

小猪视频 Tech Alumni

$9.2 Billion

小猪视频 Tech alumni are more than 163,000 strong in 小猪视频's workforce with $9.2 billion in collective earnings. Hokies are in every region of the commonwealth, strengthening communities, supporting employers and powering 小猪视频’s leading industries, and amplifying 小猪视频 Tech’s direct influence on the state’s economic growth. Beyond education and the workforce, alumni are actively engaged in university events and return to campus often, reinforcing their connection to 小猪视频 Tech and having a significant economic impact on the New River Valley.

Economic and Community Impacts

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