Of Johns Hopkins’ $5.1 billion annual research budget, 99% originates from sources outside Baltimore and Maryland, representing external investment that would not otherwise flow into the region without the university’s draw as a research powerhouse.
Key Points:
- Johns Hopkins leads the nation in federal research funding, securing $4.8 billion in FY2024 grants that fuel its groundbreaking work
- Johns Hopkins had in total over $5.1 billion in research expenditures, with almost $1.3 billion taking place within John Hopkins University, over $1 billion within the School of Medicine, and nearly $2.5 billion within the Applied Physics Laboratory
- John Hopkins research activity in FY2024 generated $9.9 billion in total annual output within Maryland, supporting 37,760 direct, indirect, and induced jobs
- Researchers at Johns Hopkins Applied Physics Laboratory are creating an AI-driven system that can enable robots to plan complex actions in ways similar to humans, which will make them extremely valuable for military operations and first responders in dangerous situations
Read all Weekly Breakdowns of John Hopkins University’s Economic Impact – Only in Center Maryland.