The economic value of the University

The University of Nevada, Reno creates a significant positive impact on the business community and generates a return on investment to its major stakeholder groups—students, taxpayers, and society.

Data reflects FY2023
July 1, 2022 - June 30, 2023

Published January 2025

About the University

20,782 credit students
932 non-credit students
4,730 employees

Economic impact analysis

Total University of Nevada, Reno annual impact

$2.2 billion

added income

or

23,063

jobs supported

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Economic Value of the University
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Alumni impact

Impact of the increased earnings of University of Nevada, Reno alumni and the businesses they work for

$1.5 billion

added income

or

15,334

jobs supported

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Operations spending impact

Impact of annual payroll and other spending

$436.6 million

added income

or

4,315

jobs supported

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Research spending impact

impact of annual research expenditures

$164.3 million

added income

or

1,763

jobs supported

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Student spending impact

$100.9 million

added income

or

1,447

jobs supported

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1 out of every 94 jobs in Nevada

is supported by the activities of the University and its students

Construction spending impact

$13.4 million

added income

or

130 jobs

jobs supported

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Start-up & spin-off company impact

$6.5 million

added income

or

31

jobs supported

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Visitor spending impact

$3.1 million

added income

or

42

jobs supported

Investment analysis

Average earnings

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The average bachelor's degree graduate from the University of Nevada, Reno will see an increase of $31,800 compared to someone with a high school diploma working in Nevada.

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For every $1 dollar

$5.40

Students gain $5.40 in lifetime earnings

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$1.80

Taxpayers gain $1.80 in added tax revenue and public sector savings

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$4.80

Society gains $4.80 in added income and social savings

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