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Economic Impact

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DRIVING VIRGINIA FORWARD

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

$6.4 Billion

Economic Impact on the United States Economy

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

48,978 Total Jobs

Employment Impact on the United States Economy

Virginia Tech is a catalyst for developing a skilled workforce. 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 nationally.

$414.7 Million

Tax Impact on the United States Economy

Virginia Tech generated nearly $415 million 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

$3.4 Billion
 

Economic Impact on Virginia

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

35,519 Total Jobs
 

Employment Impact on Virginia

One in every 120 jobs in Virginia is either directly provided by Virginia Tech or supported by the university’s presence.

$316.9 Million
 

Tax Impact on Virginia

Virginia Tech has a significant impact on state and local tax revenue, generating $316.9 million in 2025. That’s 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

Virginia Tech’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

Virginia Tech 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.

■ Virginia Tech Research

$1.1 Billion

9,606 Jobs

Virginia 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.

■ Virginia Tech Athletics

$479.5 Million

4,372 Jobs

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

■ Virginia Tech Alumni

$9.2 Billion

Virginia Tech 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 Virginia 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 Virginia Tech and having a significant economic impact on the New River Valley.

Economic and Community Impacts