Johns Hopkins Economic Impact
Johns Hopkins University and Health System had a significant economic impact on Maryland, with an estimated $40 billion impact across the state last year.
The institution, which is the largest private employer in Maryland, supported 149,000 jobs statewide, according to an analysis by Econsult Solutions Inc.
In Baltimore, the economic impact was estimated at $19.4 billion, with university and health system operations accounting for one in every five jobs in the city.
Johns Hopkins is a vital engine of economic growth and regional vitality in every community it serves, the report states.
The analysis highlights the significant contribution of Johns Hopkins to the local and state economy.
Author's summary: Johns Hopkins has a $40B economic impact on Maryland.
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