GW's Economic Contributions in Virginia

For the Commonwealth, GW Delivers Uncommon Value

In addition to top-flight academics and research, GW is proud of its role as an economic engine for Virginia. In fact, through the university’s capital investments, spending, employment, and income generation, GW’s total estimated economic impact on the Commonwealth is $530 million.

Within that more than half a billion dollar total, key contributions include the following:

• 5275 jobs for Virginia created by GW, with employment spending as the largest contributor to GW’s economic impact.
• More than 6,500 GW students are also Virginia residents, along with more than 50,000 alumni.
• GW contributed $21.5 million to the state government through taxes and $1.9 million to local governments.

These faculty and staff and current students facilitate an educated workforce that helps increase educational attainment, skill level, and income earnings for both the Commonwealth and entire region. Moreover, the 50,000+ GW alumni residing in Virginia generate significant revenue for state and local governments, as well as economic and intellectual firepower and quality of life throughout the Commonwealth. 

To understand the full picture of GW’s impact in Virginia, please download The Economic Impact Report (pdf)


GW’s Continued Investment in the Commonwealth
Despite the past and present contributions to its Virginia communities, GW is never content to rest upon its laurels. Continued GW investment in Virginia is continually in the works. Here are just a few of the more resent enterprises undertaken by GW: