News

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.

The Johns Hopkins alumni wage premium— the additional income earned by Johns Hopkins alumni relative to other university degrees—leads to almost $2.3 billion in economic impact, supporting 10,770 full-time jobs and $670 million in employee compensation within Maryland.

The economic impact of ancillary spending by students, visitors, patients, and athletics is $1.4 billion in Maryland, supporting over 7,800 jobs and generating $264 million in employee compensation each year.

John Hopkins commits itself to local impact through programs like HopkinsLocal, the Homewood Community Partners Initiative (HCPI), and sustained neighborhood engagement. Utilizing a holistic approach to community development, John Hopkins’ annual community engagement generated an estimated $1.65 million in economic impact through service

In FY2024, Johns Hopkins invested over $871.1 million in new construction and facility improvements across academic, clinical, and research infrastructure. Collectively, capital investments by The Johns Hopkins University, The Johns Hopkins Health System, and its affiliates generate approximately $2 billion in annual economic impact, supporting 10,220 full-time jobs with $762 million in employee compensation within Maryland.

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.

Johns Hopkins—the largest private employer in Maryland—delivered a $40 billion economic impact across the state last year, including supporting 149,000 jobs, according to a new analysis.