Faithful Footprint
Understanding Cedarville University's Economic Impact
Cedarville University is a pivotal economic force at the local, regional, and state levels. A 2024 study conducted by Econsult Solutions calculated the University's economic impact by measuring factors like expenditures, employment, and labor income. These figures tell a larger story of Cedarville University's overall impact on the community.
Through its economic activity, Cedarville University is serving its neighbors, strengthening the community, and fulfilling its mission to transform lives by equipping graduates for Kingdom impact.
-
Total Economic Impact $472M State of Ohio
-
Student and Visitor Spending $58M Greater Dayton Region
Contributing to Our Community
-
9,257
Alumni Living in Ohio
-
295,000
Student Unpaid or Volunteer Hours in Our Region Annually
-
132,000
Yearly Campus Visitors
Each year, Cedarville University's economic impact generates...
$111M
Employee Earnings
2,970
Jobs
$8M
State Tax Revenues
Explore the Economic Impact by Area
Village of Cedarville
Annual Operations
$108M
Capital Investments
$27M
Student and Visitor Spending
$7M
Total Economic Impact
$142M
Greater Dayton Region
Annual Operations
$172M
Capital Investments
$42M
Student and Visitor Spending
$58M
Alumni Wage Premium*
$56M
Total Economic Impact
$328M
State of Ohio
Annual Operations
$188M
Capital Investments
$48M
Student and Visitor Spending
$62M
Alumni Wage Premium*
$173M
Total Economic Impact
$472M
*Measures the total additional salary that our alumni are paid above what residents without a college degree would make.
This premium estimates the additional spending and investment generated by our alumni.