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Camden 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.
 
Moore College of Art and Design
Peirce College  
University of the Arts  
Chestnut Hill College  
Philadelphia College of Osteopathic Medicine  
Holy Family University  
La Salle University  
Atlantic Cape Community College  
Rowan College of South Jersey-Gloucester Campus  
Rutgers University-Camden  
Rowan College at Burlington County  
Saint Joseph's University  
Camden County College  
Thomas Jefferson University  
Stockton University  
Community College of Philadelphia  
Rowan University  
Drexel University  
University of Pennsylvania  
Temple 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
83
12

26,397
3,808

30,205
45
16
15
9
0
0
4
5
6

21,720
2
90
8
0

8,485

12

16,970
17,378
21,135
22,082


44,756
44,756
60,136

44,756
44,756
60,136

27,788
27,788
43,168

3
5,567
1,822
219
856
0

2,620
0
0
64
176
1,110
134
658
334
161
337
3
654
174
109
6,534
6
69

23,948
4,763

28,711
30
7
19
8
0
0
3
9
24

11,611
2
91
7
0

17,100

8

60,042
61,710
63,452
66,104


89,028
89,028
89,028

88,892
88,892
88,892

71,176
71,176
71,176

0
2,772
5,638
647
689
0

2,354
1,611
2,875
166
295
2,899
1,850
2,810
382
1,976
1,045
6
1,480
298
37
20,084
78
9

16,930
4,773

21,703
45
10
19
8
0
0
4
3
11

13,589
0
92
7
0

8,114

9

56,238
57,136
58,965
60,663


81,413
81,413
81,413

81,737
81,737
81,737

63,863
63,863
63,863

0
3,474
2,277
267
468
0

1,519
130
0
42
218
508
532
380
293
43
344
2
367
66
32
4,476
78
18

15,987
3,673

19,660
58
10
8
13
0
0
4
1
6

14,869
2
87
11
0

4,791

16

12,939
14,376
14,952
15,700


39,342
39,342
49,206

33,450
33,450
43,314

23,729
23,729
33,593

0
4,283
828
53
304
0

1,202
0
1
21
20
409
528
94
45
62
322
0
447
77
3
3,231
NA
NA

4,221
8,003

12,224
19
44
9
18
0
0
4
2
4

12,224
16
45
38
0

0

14

4,536
4,632
4,632
4,632


NA
NA
NA

25,378
29,434
33,186

14,578
18,634
22,386

1,575
NA
NA
NA
NA
NA

496
0
0
17
60
98
133
21
15
0
47
0
109
10
0
1,006
88
19

7,869
919

8,788
59
10
7
19
0
0
4
1
1

7,812
0
89
11
0

976

17

14,599
14,885
15,188
15,532


39,034
39,034
46,922

33,855
33,855
41,743

24,844
24,844
32,732

0
2,124
317
16
33
0

466
0
0
7
88
91
44
72
61
4
157
1
225
87
3
1,306
86
15

6,155
2,160

8,315
51
12
16
9
0
0
4
3
5

3,731
1
81
19
0

4,584

13

41,866
43,116
44,350
45,683


68,557
68,557
68,557

72,575
72,575
72,575

53,423
53,423
53,423

27
1,065
888
32
476
0

494
170
856
32
13
894
206
917
180
204
277
15
981
151
21
5,411
NA
NA

3,310
4,281

7,591
35
20
5
29
0
1
3
4
3

7,591
5
58
37
0

0

21

4,560
3,648
3,648
3,960


NA
NA
NA

17,200
17,296
17,296

9,910
10,006
10,006

983
NA
NA
NA
NA
NA

270
0
0
4
68
17
16
33
22
3
28
0
59
8
0
528
86
16

5,560
1,641

7,201
64
8
10
8
0
0
3
2
4

4,828
1
97
2
0

2,373

10

47,940
47,940
49,610
51,340


69,600
69,600
69,600

69,600
69,600
69,600

57,320
57,320
57,320

0
1,392
1,070
27
204
0

616
0
0
16
71
70
86
73
143
18
95
0
66
42
2
1,298
NA
NA

3,225
3,322

6,547
51
19
5
17
0
0
4
2
2

6,547
2
69
29
0

0

21

4,730
4,730
4,860
4,968


NA
NA
NA

19,222
19,630
21,190

9,222
9,630
11,190

1,426
NA
NA
NA
NA
NA

195
0
0
5
21
68
22
10
33
3
43
0
56
8
8
472
78
6

4,309
1,467

5,776
41
17
12
19
0
0
3
4
4

3,922
2
74
24
0

1,854

12

14,877
15,657
16,112
17,079


36,231
36,231
54,993

48,644
48,644
67,406

30,230
30,230
48,992

0
1,301
354
35
154
0

422
19
0
26
92
26
161
44
26
10
75
0
98
17
0
1,016
NA
NA

2,882
2,508

5,390
56
11
3
11
0
0
4
14
1

5,390
13
68
19
0

0

25

4,560
4,710
4,800
4,980


NA
NA
NA

24,576
25,416
25,416

13,684
14,524
14,524

919
NA
NA
NA
NA
NA

137
0
0
4
35
49
27
19
43
2
41
0
54
5
0
416
NA
NA

1,737
2,536

4,273
41
14
6
29
0
0
4
4
2

4,273
3
65
31
0

0

16

5,340
5,340
4,272
4,863


NA
NA
NA

32,111
33,311
34,511

11,727
12,927
14,127

643
NA
NA
NA
NA
NA

159
0
0
8
6
40
35
28
30
0
40
0
39
12
1
398
86
11

1,983
1,571

3,554
46
24
6
15
0
0
3
1
4

2,426
17
71
12
0

1,128

12

32,425
33,150
33,890
35,570


53,160
53,160
53,160

48,070
48,070
48,070

40,870
40,870
40,870

23
662
464
0
53
0

217
0
0
8
29
125
10
24
60
2
51
0
12
11
2
551
74
24

2,172
976

3,148
55
14
6
14
0
0
1
7
1

2,446
4
78
19
0

702

11

31,640
31,640
32,558
33,968


50,924
50,924
50,924

48,094
48,094
48,094

36,714
36,714
36,714

17
518
266
4
12
0

179
0
0
5
52
31
22
8
37
3
5
0
28
5
2
377
NA
NA

2,927
100

3,027
47
18
22
3
0
0
9
2
0

0
NA
NA
NA
NA

3,027

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
278
0
565
0

218
27
0
18
1
89
22
30
9
0
28
0
92
1
0
535
79
9

992
410

1,402
37
25
2
11
0
0
2
21
2

972
2
71
27
0

430

10

38,200
38,360
39,410
39,410


58,854
58,854
58,854

68,304
68,304
68,304

48,469
48,469
48,469

0
231
130
0
15
0

104
0
0
1
27
37
5
7
18
4
1
0
13
0
0
217
78
23

1,136
71

1,207
51
19
4
14
0
0
2
6
3

1,072
1
94
4
0

135

7

46,680
48,530
51,130
54,290


77,152
77,152
77,152

75,098
75,098
75,098

59,267
59,267
59,267

0
326
72
1
0
0

163
0
0
10
23
57
15
12
38
2
1
1
30
1
1
354
NA
NA

160
712

872
20
55
3
12
0
1
1
9
0

790
0
9
90
1

82

11

15,060
15,060
15,060
15,060


NA
NA
NA

26,660
26,660
26,660

18,660
18,660
18,660

45
191
50
0
0
0

34
0
0
1
19
32
5
5
1
0
1
0
2
0
0
100
61
14

392
7

399
52
16
4
8
0
1
9
11
0

390
0
92
8
0

9

8

44,806
46,150
47,990
50,279


74,735
74,735
74,735

75,147
75,147
75,147

58,779
58,779
58,779

0
75
12
0
0
0

46
0
0
4
11
9
5
2
5
1
0
0
21
0
0
104

Page 1 of 2
ASPIRA City College
Jna Institute of Culinary Arts  
Missio Theological Seminary  
Talmudical Yeshiva of Philadelphia  
Walnut Hill College  
Pennsylvania Academy of the Fine Arts  
Curtis Institute of Music  
Lincoln Technical Institute-Philadelphia  
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

363
11

374
15
43
2
25
0
0
4
11
0

374
1
68
32
0

0

26

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

7
NA
NA
NA
NA
NA

16
0
0
0
1
10
0
0
0
0
0
0
2
0
0
29
7
81

159
0

159
32
2
10
4
0
1
5
0
47

106
20
80
0
0

53

2

3,015
7,445
5,930
6,000


34,075
34,075
34,075

37,712
37,712
37,712

17,730
17,730
17,730

0
27
5
0
0
0

62
0
0
6
11
8
10
3
23
0
5
0
1
0
0
129
88
11

125
16

141
60
17
5
4
0
1
4
1
9

99
0
84
15
1

42

5

40,376
40,376
42,100
44,600


71,438
71,438
71,438

71,438
71,438
71,438

52,776
52,776
52,776

0
29
26
0
0
0

27
0
6
11
7
14
7
2
1
0
0
7
12
0
0
94
95
55

127
0

127
43
22
4
13
0
0
10
7
0

127
0
87
13
0

0

20

23,550
23,550
23,550
23,550


41,375
41,375
41,375

42,350
42,350
42,350

30,200
30,200
30,200

82
30
0
0
0
0

18
0
0
1
1
8
0
0
0
0
9
3
4
0
0
44
76
92

120
0

120
95
0
0
0
0
0
0
0
5

120
4
96
0
0

0

15

9,725
9,925
10,275
10,869


22,680
22,680
22,680

NA
NA
NA

NA
NA
NA

0
28
0
0
0
0

8
0
0
0
0
0
0
0
0
0
0
0
2
0
0
10
NA
NA

22
27

49
8
37
22
0
0
0
0
0
33

0
NA
NA
NA
NA

49

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
46
0
3
0

2
0
0
0
0
1
0
0
0
0
0
0
1
0
0
4
NA
NA

31
0

31
13
77
0
6
0
0
0
3
0

31
0
68
32
0

0

4

14,575
14,575
14,575
14,575


NA
NA
NA

35,045
35,045
35,045

20,438
20,438
20,438

2
NA
NA
NA
NA
NA

4
0
0
0
0
1
0
0
0
0
0
1
0
0
0
6
100
100

10
4

14
0
7
0
93
0
0
0
0
0

14
7
57
36
0

0

5

12,097
12,097
12,147
12,147


NA
NA
NA

29,586
29,586
29,586

18,252
18,252
18,252

1
NA
NA
NA
NA
NA

2
0
0
0
0
2
0
0
0
0
0
0
0
0
0
4

Page 2 of 2


Sources: STI: PopStats and STI: Colossus