The Ohio State University's Economic Impact

Ohio State Oval


The Ohio State University's impact is felt in every corner of our state, and a new report details the university's significant role as a catalyst for growth and economic prosperity across Ohio.

Ohio State educates over 68,000 students annually, employs 7,800 faculty members and over 41,000 staff and student employees, and has an operating budget of $7.9 billion.  Through its people and their activities, Ohio State contributes more than $19 billion annually to the state's economy and supports nearly 117,000 jobs.

The Economic Impact of The Ohio State University is an analysis of the regional and statewide economic impact of Ohio State in 2019 and was commissioned by the Enterprise for Research, Innovation and Knowledge in collaboration with units and colleges across the university. The study also features estimated economic impacts of campus locations and university units including the Wexner Medical Center, Athletics, Ohio State Extension, and the Transportation Research Center, Inc., an affiliate of Ohio State.

By the Numbers

Ohio State spending along with student and visitor spending in 2019 had significant impacts across the state.
$19.6B in annual economic impact; 116,819 job both direct and indirect supported by Ohio State; $663.1 million in tax revenue to state and local governments