University of Minnesota Morris Provides $163.5 Million Dollars to State Economy

Tripp Umbach, a Pittsburgh-based national research firm, has released the results of a study that finds the University of Minnesota contributes $11.5 billion a year in economic activity to the state of Minnesota; $163.5 million of that comes from the Morris campus. 

The Economic and Community Impact study measured the direct and indirect impact of University of Minnesota activities for fiscal year 2024, to include its role in job creation, economic growth and community development for the state. The University’s overall economic impact in 2024 was $11.5 billion, including supporting more than 89,000 jobs and generating $676 million in state taxes. Findings from the full report were presented to the Board of Regents on Friday, May 9.

The $165.3 million for the Morris campus represents a 93 percent increase – $79.7 million – since a 2018 study. Tripp Umbach found that the employment impacts of the Morris campus supported 1,689 jobs throughout the state. Of these, 360 positions are directly supported by the University, including faculty, researchers, administrative staff, and operational personnel.  And the campus’s operations generated an additional $9.8 million in state and local government revenue. Tripp Umbach also found that for every dollar the state invests in the University of Minnesota system, it generates $16.75 in the state’s economy. 

Each year, about 200 Morris graduates enter the workforce or pursue advanced study, many in Minnesota. There are 14,000 Morris alumni in the state — over 1,400 of whom live in Stevens and adjacent counties.