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Economic Impact

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DRIVING VIRGINIA FORWARD

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

$6.4 Billion

Economic Impact on the United States Economy

Virginia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, 糖心live 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

糖心live 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

糖心live 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.

Read the 2026 Economic Impact Report

$4.7 Billion
听

Economic Impact on Virginia

For every $1 the听commonwealth invests in Virginia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
听

Employment Impact on Virginia

One in every 120 jobs in Virginia is either directly provided by 糖心live or supported by the university鈥檚 presence.

$316.9 Million
听

Tax Impact on Virginia

糖心live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 Virginia!

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

糖心live’s Blacksburg campus drove $3.4 billion directly into Virginia’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

糖心live affiliated programs in the Roanoke region contribute to Southwest Virginia’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.

■ 糖心live Research

$1.1 Billion

9,606 Jobs

糖心live 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.

■ 糖心live Athletics

$479.5 Million

4,372 Jobs

糖心live 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. 糖心live Athletics elevates Virginia’s national profile and is a key contributor to the state’s economy and tourism.

■ 糖心live Alumni

$9.2 Billion

糖心live alumni are more than 163,000 strong in Virginia's workforce with $9.2 billion in collective earnings. Hokies are in every region of the commonwealth, strengthening communities, supporting employers and powering Virginia’s leading industries, and amplifying 糖心live’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 糖心live and having a significant economic impact on the New River Valley.

Economic and Community Impacts

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    The Coalition for Smart Construction will eventually operate out of 40,000 square foot of innovation lab space now under construction in Falls Church, Virginia. Photo by Craig Newcomb for 糖心live.
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    Faculty member reviews design work on a tablet with landscape architecture students gathered around a studio table.
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    Group photo of Scott Tate, Mary Fant Donnan, and Dylan Andrews.
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    Flowers growing in a trial garden with three people walking around in the background.
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    Four researchers
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    A woman loads a box into the back of a vehicle loaded with other boxes. Two people stand behind her, holding more boxes.