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Rockingham County – Colleges/Universities 2023-2024

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Universities play a crucial role in shaping local economies by driving employment, fostering business growth, attracting investment, and enhancing the overall quality of life in their host communities. Their economic impact extends beyond direct spending to include long-term benefits such as workforce development, innovation, and cultural enrichment. Below, we explore the key ways in which a university influences a local economy.

  1. Direct Employment and Spending A university is often one of the largest employers in a local area, providing jobs for faculty, administrative staff, maintenance workers, and other professionals. These employees spend their salaries on housing, groceries, transportation, and entertainment, injecting money into the local economy. Additionally, universities spend significant amounts on construction, utilities, and local services, further stimulating business activity.

    Students also contribute to local spending. Many bring outside money into the community through tuition payments, federal aid, and personal expenditures on rent, food, and retail. A large student population can sustain businesses such as bookstores, coffee shops, restaurants, and housing providers.

  2. Business Development and Entrepreneurship Universities often serve as hubs for innovation and entrepreneurship. Research institutions, business incubators, and technology transfer offices help commercialize academic research, leading to startup formation and industry partnerships. For example, Stanford University's role in Silicon Valley's growth demonstrates how academic institutions can spur regional economic development.

    Local businesses benefit from university partnerships, including procurement contracts for supplies, catering, and maintenance services. Furthermore, universities attract conferences, sporting events, and cultural activities that generate tourism revenue for hotels, restaurants, and transportation services.

  3. Human Capital and Workforce Development A well-educated workforce is essential for economic competitiveness. Universities produce graduates with specialized skills that attract high-paying industries, such as technology, healthcare, and finance. Many graduates remain in the area, filling critical roles in local businesses and government.

    Universities also offer continuing education programs, professional certifications, and workforce training initiatives that help upskill local employees, making the regional labor market more adaptable to industry changes.

  4. Real Estate and Infrastructure Growth The presence of a university can drive demand for housing, both from students and faculty. This often leads to the development of new apartments, condominiums, and mixed-use commercial spaces. Over time, universities contribute to urban revitalization by investing in campus expansions, public transit improvements, and community amenities like libraries and parks.

    However, rapid growth can also lead to challenges, such as rising housing costs and gentrification, which may displace long-term residents. Local governments must balance economic expansion with policies that ensure affordable housing and equitable development.

  5. Cultural and Social Contributions Beyond economics, universities enrich local culture through arts programs, public lectures, and athletic events. These activities improve residents' quality of life, making the area more attractive to businesses and skilled workers. A vibrant university town often sees increased property values and a more diverse, engaged community.


Conclusion

The economic impact of a university on a local economy is multifaceted, encompassing job creation, business growth, talent development, and infrastructure investment. While challenges such as affordability and displacement must be managed, the long-term benefits-including innovation, increased tax revenues, and a more dynamic workforce-make universities vital engines of regional prosperity. By fostering collaboration between academia, government, and industry, communities can maximize these advantages while ensuring inclusive growth.
 
Montserrat College of Art
Massachusetts School of Law  
University of New Hampshire-Franklin Pierce School of Law  
University of New Hampshire at Manchester  
Colby-Sawyer College  
University of New Hampshire College of Professional Studies Online  
Gordon-Conwell Theological Seminary  
Great Bay Community College  
York County Community College  
Manchester Community College  
Saint Anselm College  
NHTI-Concord's Community College  
New England College  
Rivier University  
Endicott College  
Northern Essex Community College  
North Shore Community College  
University of New England  
University of New Hampshire-Main Campus  
Southern New Hampshire University  
Percent admitted - total
Admissions yield - total

Full-time enrollment
Part-time enrollment

Total  enrollment
% White
% Black
% Asian
% Hispanic
% Native Hawaiian or Other Pacific Islander
% American Indian or Alaska Native
% two or more races
% Race/ethnicity unknown
% U.S. Nonresident

Undergraduate enrollment
% under 18
% 18-24
% 25-64
% over 65

Graduate enrollment

Student-to-faculty ratio

Tuition and fees, 2020-21
2021-22
2022-23
2023-24

Total price for
In-district students living on campus  2023-24
In-state students living on campus 2023-24
Out-of-state students living on campus 2023-24

In-district students living off campus (no family)  2023-24
In-state students living off campus (no family)  2023-24
Out-of-state students living off campus (no family)  2023-24

In-district students living off campus (w/ family)  2023-24
In-state students living off campus (w/ family)  2023-24
Out-of-state students living off campus (w/ family)  2023-24

Associate's degree
Bachelor's degree
Master's degree
Doctor's degree - research/scholarship
Doctor's degree - professional practice
Doctor's degree - other

Instructional FTE
Research FTE
Public Service FTE
Librarians, Curators, and Archivists FTE
Student/Academic Affairs and Other Education Services FTE
Management FTE
Business and Financial Operations FTE
Computer, Engineering, and Science FTE
Community Service, Legal, Arts, and Media FTE
Healthcare FTE
Service FTE
Sales and Related FTE
Office and Administrative Support FTE
Natural Resources, Construction, and Maintenance FTE
Production, Transportation, and Material Moving FTE
Total FTE staff
96
35

56,661
127,438

184,099
51
18
2
14
0
1
4
10
1

159,653
1
24
74
0

24,446

24

9,650
15,380
15,380
16,450


40,450
40,450
40,450

43,192
43,192
43,192

29,866
29,866
29,866

3,656
20,986
9,475
31
0
0

3,263
0
0
8
233
856
788
150
47
6
102
0
2,490
0
3
7,946
87
14

12,410
1,216

13,626
82
1
3
4
0
0
2
4
3

11,376
2
97
2
0

2,250

16

18,938
18,962
19,024
19,112


36,076
36,076
55,846

36,076
36,076
55,846

23,312
23,312
43,082

21
2,585
739
71
15
0

801
117
0
37
224
480
192
380
223
34
207
2
364
81
23
3,165
89
13

4,389
2,084

6,473
74
5
8
2
0
0
1
8
1

3,863
1
75
24
0

2,610

12

38,750
39,820
40,950
42,550


63,690
63,690
63,690

60,250
60,250
60,250

48,750
48,750
48,750

0
549
461
52
329
0

384
42
0
16
157
70
54
43
59
27
105
0
131
28
0
1,116
NA
NA

1,261
3,572

4,833
38
9
4
34
0
0
6
8
0

4,833
13
49
37
0

0

16

5,352
5,352
5,352
5,352


NA
NA
NA

25,806
25,806
31,374

10,656
10,656
16,224

569
NA
NA
NA
NA
NA

206
0
0
10
37
64
11
14
42
0
46
0
82
4
5
521
NA
NA

1,142
3,368

4,510
38
5
2
48
0
0
2
3
1

4,510
17
53
29
0

0

18

5,544
5,544
5,688
5,688


NA
NA
NA

23,115
23,115
28,899

11,316
11,316
17,100

401
NA
NA
NA
NA
NA

131
0
0
10
84
81
8
27
0
0
10
0
76
7
0
434
72
22

3,349
905

4,254
82
2
2
6
0
0
2
4
1

3,176
2
95
3
0

1,078

13

35,320
36,614
37,776
39,212


59,888
59,888
59,888

56,691
56,691
56,691

42,516
42,516
42,516

11
724
387
13
0
0

263
0
0
5
69
62
61
17
83
9
90
0
55
23
2
739
82
20

1,939
940

2,879
51
8
29
3
0
0
2
7
0

1,335
10
65
25
0

1,544

14

34,510
35,512
36,610
37,791


56,506
56,506
56,506

57,772
57,772
57,772

44,743
44,743
44,743

109
241
390
7
5
0

125
0
0
7
12
25
8
7
31
4
10
0
33
0
0
262
96
9

2,699
157

2,856
28
5
1
4
0
0
1
7
54

986
1
80
19
0

1,870

8

39,648
40,642
41,518
41,578


61,592
61,592
61,592

61,834
61,834
61,834

45,328
45,328
45,328

22
285
933
4
0
0

240
0
0
1
18
33
16
6
37
6
12
0
69
0
0
438
NA
NA

939
1,674

2,613
71
4
3
9
0
1
3
10
0

2,613
9
56
35
0

0

11

7,200
7,200
7,200
7,200


23,984
23,984
32,234

33,968
33,968
42,218

16,786
16,786
25,036

368
NA
NA
NA
NA
NA

139
0
0
1
46
3
7
6
0
0
21
0
14
0
0
237
78
18

2,043
35

2,078
87
1
1
4
0
0
3
3
1

2,052
1
98
0
0

26

11

42,840
43,910
45,340
46,810


67,890
67,890
67,890

66,354
66,354
66,354

53,906
53,906
53,906

0
434
19
0
0
0

175
0
0
12
20
56
37
20
60
8
68
0
30
18
1
505
NA
NA

620
1,392

2,012
66
6
4
12
0
1
3
8
0

2,012
3
58
40
0

0

11

7,090
7,090
7,090
7,090


NA
NA
NA

33,098
33,098
41,348

13,450
13,450
21,700

306
NA
NA
NA
NA
NA

101
0
0
3
43
4
6
3
0
0
8
0
8
0
0
176
NA
NA

526
1,256

1,782
85
2
2
4
0
0
3
3
1

1,782
36
40
24
0

0

21

3,720
3,866
3,760
3,866


20,283
20,283
23,163

29,006
29,006
31,886

9,093
9,093
11,973

152
NA
NA
NA
NA
NA

58
0
2
1
22
8
5
1
8
0
4
0
1
0
0
110
NA
NA

424
1,016

1,440
73
2
4
8
0
1
3
9
0

1,440
4
61
34
0

0

11

7,200
7,200
7,200
7,200


NA
NA
NA

33,196
33,196
41,446

15,510
15,510
23,760

224
NA
NA
NA
NA
NA

69
0
0
2
42
3
5
4
0
0
6
0
7
0
0
138
NA
NA

255
1,118

1,373
41
14
16
10
0
0
2
13
4

0
NA
NA
NA
NA

1,373

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
206
0
0
26

24
1
0
4
4
27
14
8
1
0
4
0
51
6
0
144
NA
NA

289
1,037

1,326
84
3
2
6
0
0
2
2
0

1,100
0
24
75
0

226

13

7,791
7,791
7,806
7,812


NA
NA
NA

21,348
21,348
22,908

11,520
11,520
13,080

63
303
48
0
0
0

51
0
0
0
12
20
4
1
18
0
0
0
16
0
0
122
90
12

771
179

950
76
4
1
3
0
0
1
14
1

834
0
85
15
0

116

10

44,930
46,254
47,164
18,400


38,708
38,708
38,708

40,740
40,740
40,740

23,900
23,900
23,900

21
221
19
0
0
0

76
0
0
5
12
40
10
11
44
8
36
1
22
3
0
268
87
16

571
177

748
53
4
5
7
0
0
3
11
16

522
1
73
26
0

226

9

15,778
15,785
15,804
15,820


NA
NA
NA

33,320
33,320
53,030

20,020
20,020
39,730

2
143
0
0
0
0

73
0
0
4
9
12
3
0
11
0
3
0
10
0
0
125
NA
NA

448
237

685
67
3
5
8
0
0
3
8
7

0
NA
NA
NA
NA

685

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
28
0
170
0

46
0
0
2
4
9
2
0
3
0
0
0
11
1
0
78
NA
NA

88
196

284
63
17
4
16
0
0
0
1
0

0
NA
NA
NA
NA

284

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
0
0
39
0

22
0
1
2
1
2
2
1
1
0
0
0
3
1
0
36
NA
NA

253
23

276
64
4
3
14
0
1
5
8
0

276
2
93
5
1

0

8

35,300
36,450
37,850
39,000


60,775
60,775
60,775

59,775
59,775
59,775

45,300
45,300
45,300

0
68
0
0
0
0

33
0
0
3
18
6
4
3
1
1
3
0
4
1
0
77

Page 1 of 2
The Landing School
Magdalen College  
Thomas More College of Liberal Arts  
St Joseph School of Nursing  
Northpoint Bible College  
Percent admitted - total
Admissions yield - total

Full-time enrollment
Part-time enrollment

Total  enrollment
% White
% Black
% Asian
% Hispanic
% Native Hawaiian or Other Pacific Islander
% American Indian or Alaska Native
% two or more races
% Race/ethnicity unknown
% U.S. Nonresident

Undergraduate enrollment
% under 18
% 18-24
% 25-64
% over 65

Graduate enrollment

Student-to-faculty ratio

Tuition and fees, 2020-21
2021-22
2022-23
2023-24

Total price for
In-district students living on campus  2023-24
In-state students living on campus 2023-24
Out-of-state students living on campus 2023-24

In-district students living off campus (no family)  2023-24
In-state students living off campus (no family)  2023-24
Out-of-state students living off campus (no family)  2023-24

In-district students living off campus (w/ family)  2023-24
In-state students living off campus (w/ family)  2023-24
Out-of-state students living off campus (w/ family)  2023-24

Associate's degree
Bachelor's degree
Master's degree
Doctor's degree - research/scholarship
Doctor's degree - professional practice
Doctor's degree - other

Instructional FTE
Research FTE
Public Service FTE
Librarians, Curators, and Archivists FTE
Student/Academic Affairs and Other Education Services FTE
Management FTE
Business and Financial Operations FTE
Computer, Engineering, and Science FTE
Community Service, Legal, Arts, and Media FTE
Healthcare FTE
Service FTE
Sales and Related FTE
Office and Administrative Support FTE
Natural Resources, Construction, and Maintenance FTE
Production, Transportation, and Material Moving FTE
Total FTE staff
NA
NA

67
61

128
52
13
0
27
0
1
2
0
5

92
1
55
43
1

36

9

13,493
13,670
14,160
14,160


32,262
32,262
32,262

38,060
38,060
38,060

20,460
20,460
20,460

4
23
8
0
0
0

17
0
0
1
4
4
1
0
1
0
18
0
5
1
0
52
NA
NA

46
50

96
59
27
2
7
0
0
4
0
0

96
0
29
71
0

0

6

22,764
22,764
22,764
22,978


NA
NA
NA

32,628
32,628
32,628

25,128
25,128
25,128

61
NA
NA
NA
NA
NA

18
0
0
0
0
0
2
0
0
0
0
0
3
0
0
23
NA
NA

95
0

95
74
0
2
6
0
1
4
11
2

95
4
88
7
0

0

10

24,600
25,200
28,000
29,300


42,700
42,700
42,700

38,300
38,300
38,300

35,900
35,900
35,900

0
24
0
0
0
0

9
0
0
0
0
2
1
0
0
0
3
0
4
0
0
19
44
100

58
0

58
100
0
0
0
0
0
0
0
0

58
0
98
2
0

0

12

24,000
23,600
24,000
23,600


37,956
37,956
37,956

35,800
35,800
35,800

24,900
24,900
24,900

0
15
0
0
0
0

7
0
0
1
3
2
1
0
0
0
2
1
0
0
0
17
NA
NA

43
0

43
84
2
0
5
0
0
0
2
7

43
2
28
70
0

0

7

25,012
26,012
26,012
27,700


NA
NA
NA

46,043
46,043
46,043

33,343
33,343
33,343

10
NA
NA
NA
NA
NA

6
0
0
0
0
2
1
0
0
0
0
0
4
0
0
13

Page 2 of 2


Sources: STI: PopStats and STI: Colossus