In total, Johns Hopkins’ consolidated annual operations generated over $19 billion in economic output within Baltimore City; and $40 billion within Maryland. Johns Hopkins is solely responsible for $63.4 million in tax revenues to Baltimore City and $392.1 million to Maryland.
Key Points:
- John Hopkins employs more than 70,000 full-time, part-time, and adjunct staff, with compensation, including benefits, totaling $9.5 billion
- Baltimore operations led to an indirect and induced impact of $4.4 billion
- John Hopkins operations support many industries, including education, healthcare, and arts & recreation
- The Social Innovation Lab, launched by John Hopkiuns in 2012, has supported over 130 teams, which have collectively raised more than $110 million and employed hundreds of people after completing programming
A Weekly Breakdown of John Hopkins University’s Economic Impact – Only in Center Maryland.