Today@Sam Article
SHSU’s Economic Impact Generates $3.9 Billion in Texas Income
Nov. 7, 2024
SHSU Media Contact: Emily Binetti
Sam Houston State University (SHSU) is a vital contributor to Texas’ economy. A recent economic impact study for fiscal year 2022-2023 reveals that SHSU added $3.9 billion in income to the state, supporting the equivalent of 48,466 jobs.
Conducted by the labor market data company Lightcast, the study examined SHSU’s influence in Walker County, Montgomery County and Texas as a whole, assessing the impact of the university’s operations, research, construction, visitor and student spending and the enhanced productivity of its alumni.
The study evaluates SHSU's value from two perspectives: economic impact and return on investment for students, taxpayers and society.
Economic Impact: Walker County
As the location of SHSU’s main campus, Walker County saw an income boost of $317.6 million from the university, representing approximately 12.1 percent of the county’s gross regional product. In terms of employment, SHSU’s activities supported 4,436 jobs in Walker County, meaning one in every nine jobs in the county are linked to SHSU.
Economic Impact: Montgomery County
SHSU’s College of Osteopathic Medicine and The Woodlands Center, both in Montgomery County, further broaden SHSU’s economic reach. Combined with employees, students and alumni residing in the area, SHSU contributed $308.5 million to Montgomery County’s economy in the study period, supporting 4,370 jobs.
Investment Analysis: Statewide
The study also measured the return-on-investment SHSU generates for students, taxpayers and society.
For SHSU students, the economic value of a bachelor’s degree is clear: on average, graduates earn $30,800 more annually than individuals with only a high school diploma. For each dollar invested in their education, SHSU students realize $5.70 in higher future earnings—a compelling return also reflected by SHSU’s ranking in Texas as a leader in social mobility by U.S. News & World Report.
SHSU’s graduates also contribute to a stronger economy and reduce demand on social services, yielding broader benefits. Total taxpayer benefits reached $640.8 million in FY 2022-23, with SHSU receiving $121.2 million in state and local funding. This equates to a return of $5.30 for every taxpayer dollar invested.
This report underscores SHSU’s role as more than an educational institution—it is a powerful economic engine, delivering lasting benefits to students, taxpayers and the Texas economy.
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