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Montgomery 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.
 
The College of Health Care Professions-Southwest Houston
Pima Medical Institute-Houston  
South Texas College of Law Houston  
Baylor College of Medicine  
Chamberlain University-Texas  
The College of Health Care Professions-Northwest  
University of St Thomas  
Houston Christian University  
The University of Texas Health Science Center at Houston  
Lee College  
University of Houston-Clear Lake  
Texas Southern University  
Rice University  
Prairie View A & M University  
University of Houston-Downtown  
Sam Houston State University  
San Jacinto Community College  
University of Houston  
Houston Community College  
Lone Star College System  
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

19,428
51,563

70,991
26
13
8
42
0
0
4
4
4

70,991
33
48
19
0

0

22

2,805
2,700
2,880
3,090


NA
NA
NA

23,236
27,076
28,846

10,636
14,476
16,246

8,614
176
0
0
0
0

1,830
0
0
39
77
320
513
251
266
0
252
0
617
54
0
4,219
NA
NA

15,257
34,492

49,749
11
25
10
39
0
0
2
4
8

49,749
22
45
33
1

0

20

2,040
2,040
2,040
2,040


NA
NA
NA

17,920
20,224
21,340

10,862
13,166
14,282

5,238
0
0
0
0
0

1,427
0
0
41
431
213
190
96
307
3
152
34
357
39
1
3,291
70
27

33,850
12,826

46,676
19
11
22
34
0
0
3
1
10

37,946
7
82
12
0

8,730

21

9,457
9,699
9,699
9,711


26,734
26,734
39,214

28,102
28,102
40,582

17,080
17,080
29,560

0
8,022
2,285
375
485
0

1,733
113
0
64
29
1,143
861
579
151
90
346
3
265
198
4
5,579
NA
NA

10,641
20,853

31,494
16
8
5
63
0
0
2
3
2

31,494
23
58
20
0

0

25

2,430
1,872
2,340
1,992


NA
NA
NA

26,723
28,187
30,083

7,752
9,216
11,112

4,922
33
0
0
0
0

769
0
0
16
69
141
95
88
111
2
63
0
320
45
0
1,719
85
24

15,644
5,759

21,403
46
17
3
28
0
1
3
1
1

18,179
1
85
14
0

3,224

20

8,736
8,960
8,960
9,228


26,194
26,194
35,986

26,194
26,194
35,986

14,474
14,474
24,266

0
4,154
1,011
64
0
0

913
0
17
11
64
156
280
146
86
32
166
0
426
39
0
2,336
91
24

6,396
7,709

14,105
11
18
8
57
0
0
3
1
2

12,880
0
58
42
0

1,225

18

7,222
7,708
7,708
7,708


NA
NA
NA

26,596
26,596
36,676

16,714
16,714
26,794

0
2,824
581
0
0
0

492
0
2
28
2
45
254
113
67
0
48
0
92
27
0
1,170
75
32

8,476
1,041

9,517
1
84
1
7
0
0
3
1
2

8,527
1
92
7
0

990

16

11,099
11,299
11,299
11,299


27,798
27,798
43,373

26,353
26,353
41,928

16,599
16,599
32,174

0
1,425
295
26
0
0

475
9
2
24
79
160
74
88
102
9
36
1
161
5
7
1,232
8
46

7,972
584

8,556
26
7
21
13
0
0
4
2
26

4,574
1
99
0
0

3,982

6

51,107
52,895
54,960
58,128


78,278
78,278
78,278

78,278
78,278
78,278

62,378
62,378
62,378

0
1,052
1,422
257
0
0

832
479
0
64
286
371
570
240
266
14
335
0
180
64
42
3,743
93
23

7,186
1,283

8,469
2
81
2
9
0
0
3
1
2

6,619
2
84
14
0

1,850

16

9,173
9,173
9,173
9,173


27,769
27,769
40,369

32,175
32,175
44,775

16,855
16,855
29,455

0
908
265
28
209
0

465
5
0
5
31
126
7
7
64
0
125
0
219
6
3
1,063
75
25

4,063
4,148

8,211
30
7
8
44
0
0
3
1
7

6,108
0
61
39
0

2,103

19

7,504
7,698
7,698
7,746


24,376
24,376
37,960

27,086
27,086
40,670

13,362
13,362
26,946

0
1,549
891
35
0
0

360
8
0
10
10
112
135
43
40
2
64
1
122
26
3
936
NA
NA

1,305
6,838

8,143
30
14
2
47
0
0
2
4
0

8,143
35
36
28
1

0

30

2,166
2,166
2,166
2,166


NA
NA
NA

14,910
16,626
17,046

8,468
10,184
10,604

1,142
NA
NA
NA
NA
NA

251
0
0
7
63
44
12
24
50
0
51
0
65
14
0
581
NA
NA

3,298
1,750

5,048
30
11
20
18
0
0
2
4
14

460
0
62
38
0

4,588

5

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
375
752
212
362
0

2,157
0
0
0
83
1,192
640
1,368
438
3,471
774
0
1,734
98
26
11,981
85
9

2,415
1,774

4,189
20
27
5
33
0
0
3
7
5

2,787
2
84
14
0

1,402

18

34,500
35,500
36,750
38,100


55,118
55,118
55,118

56,386
56,386
56,386

45,570
45,570
45,570

0
520
406
19
0
0

168
0
0
4
29
49
30
5
58
2
24
2
64
4
4
443
93
45

2,608
1,205

3,813
23
11
9
48
0
0
2
2
5

2,969
5
73
22
0

844

15

31,560
31,560
32,484
33,660


48,904
48,904
48,904

50,413
50,413
50,413

39,516
39,516
39,516

44
606
393
31
5
0

197
0
0
11
2
77
24
4
57
0
35
3
52
15
0
477
NA
NA

3,794
0

3,794
12
29
1
34
0
1
2
21
0

3,794
0
40
60
0

0

25

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

289
57
0
0
0
0

110
0
0
0
85
17
0
0
0
0
0
0
6
0
0
218
96
75

623
1,793

2,416
13
41
15
26
0
1
2
2
0

2,416
0
36
63
0

0

10

19,469
19,469
19,629
19,686


NA
NA
NA

42,634
42,634
42,634

28,094
28,094
28,094

0
520
0
0
0
0

97
0
0
1
60
6
7
2
0
0
0
0
3
0
0
176
NA
NA

1,683
16

1,699
40
7
23
15
0
1
1
1
14

0
NA
NA
NA
NA

1,699

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
77
104
170
0

3,912
1,721
0
3
39
306
577
531
147
640
269
9
904
37
33
9,128
NA
NA

822
214

1,036
48
7
8
29
0
0
2
5
1

0
NA
NA
NA
NA

1,036

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
0
0
283
0

86
0
10
7
1
32
16
8
15
0
1
0
32
0
0
208
NA
NA

1,019
0

1,019
12
16
9
54
0
1
7
0
0

1,019
0
61
39
0

0

25

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

191
NA
NA
NA
NA
NA

45
0
0
0
19
3
0
0
0
0
0
0
9
0
0
76
NA
NA

666
0

666
5
33
5
53
0
1
2
2
0

666
0
62
38
0

0

22

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

35
NA
NA
NA
NA
NA

30
0
0
0
7
6
0
0
0
0
0
0
2
0
0
45

Page 1 of 3
Interactive College of Technology
Denver College of Nursing-Houston  
Interactive College of Technology  
American College of Acupuncture and Oriental Med  
MediaTech Institute-Houston  
American InterContinental University-Houston  
Remington College-North Houston Campus  
Texas Health School  
Vet Tech Institute of Houston  
Center for Advanced Legal Studies  
Florida Career College-Houston  
Texas Chiropractic College Foundation Inc  
Culinary Institute Inc  
The University of Texas MD Anderson Cancer Center  
Fortis College  
Commonwealth Institute of Funeral Service  
College of Biblical Studies-Houston  
College of Health Care Professions  
Galen Health Institutes-Houston  
Grace School of Theology  
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

32
561

593
14
7
0
3
0
0
0
76
0

220
0
16
82
3

373

12

6,480
6,480
6,760
6,760


NA
NA
NA

35,173
35,173
35,173

11,881
11,881
11,881

2
12
67
0
0
3

18
0
0
1
5
4
6
2
2
0
0
0
1
0
0
39
NA
NA

278
265

543
12
49
4
10
0
1
1
23
0

543
0
14
86
0

0

12

NA
NA
66,120
16,400


NA
NA
NA

37,109
37,109
37,109

21,449
21,449
21,449

0
0
0
0
0
0

11
0
0
0
6
6
0
1
0
0
1
0
13
0
0
38
NA
NA

529
0

529
3
42
0
50
0
0
2
2
0

529
0
63
37
0

0

33

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

24
NA
NA
NA
NA
NA

16
0
0
0
9
4
0
0
0
0
0
0
1
0
0
30
NA
NA

109
373

482
18
38
6
27
0
0
1
1
9

482
9
22
67
2

0

12

6,801
6,801
7,475
7,475


12,950
12,950
14,750

21,426
21,426
23,226

10,698
10,698
12,498

9
26
0
0
0
0

20
0
0
3
5
16
4
1
11
0
1
0
7
1
0
69
NA
NA

355
27

382
39
31
1
29
0
0
0
0
0

382
0
27
73
0

0

27

13,363
13,363
15,313
15,313


NA
NA
NA

54,993
54,993
54,993

21,685
21,685
21,685

147
NA
NA
NA
NA
NA

8
0
0
0
0
1
2
0
0
1
0
0
2
0
0
14
NA
NA

357
0

357
3
63
1
28
0
0
3
1
0

357
0
52
48
0

0

26

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

1
NA
NA
NA
NA
NA

14
0
0
0
0
5
2
0
6
0
1
0
1
0
0
29
NA
NA

306
49

355
23
7
25
35
0
0
4
1
5

322
0
49
51
0

33

9

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
164
17
0
0
0

23
1
0
0
0
3
3
0
0
0
15
0
5
0
0
50
NA
NA

241
93

334
25
32
3
39
0
1
1
0
0

334
0
59
40
0

0

17

17,782
17,381
17,279
18,539


NA
NA
NA

34,998
34,998
34,998

28,682
28,682
28,682

93
NA
NA
NA
NA
NA

11
0
0
1
1
12
3
0
0
0
8
5
3
0
0
44
NA
NA

259
8

267
55
13
7
6
1
1
4
12
2

0
NA
NA
NA
NA

267

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
0
0
66
0

24
0
0
2
16
10
3
1
2
0
3
3
11
0
0
75
NA
NA

264
0

264
3
19
0
11
0
1
1
66
0

264
0
37
62
1

0

9

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

23
NA
NA
NA
NA
NA

2
0
0
0
0
4
1
0
0
0
0
0
28
0
0
35
NA
NA

243
0

243
28
41
2
28
0
0
0
0
0

243
0
19
80
0

0

26

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

41
NA
NA
NA
NA
NA

6
0
0
0
0
6
1
0
0
0
0
0
2
0
0
15
83
53

190
0

190
28
16
1
47
1
0
4
2
0

190
1
77
22
0

0

16

15,020
15,100
15,240
16,024


NA
NA
NA

24,021
24,021
24,021

19,021
19,021
19,021

134
NA
NA
NA
NA
NA

12
0
0
0
4
4
0
0
0
0
0
2
0
0
0
22
NA
NA

172
14

186
2
88
2
7
0
0
1
0
0

186
0
24
76
0

0

11

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
NA
NA
NA
NA
NA

8
0
0
0
1
1
1
0
0
0
0
3
2
0
0
16
NA
NA

163
0

163
4
65
1
30
0
0
0
0
0

163
0
55
45
0

0

24

18,651
18,701
19,518
20,001


NA
NA
NA

34,108
34,108
34,108

25,015
25,015
25,015

12
NA
NA
NA
NA
NA

6
0
0
0
0
6
1
0
0
0
0
2
2
0
0
17
NA
NA

118
45

163
10
40
6
1
0
1
1
41
0

124
0
20
80
0

39

15

14,489
14,910
14,725
14,842


NA
NA
NA

26,087
26,087
26,087

17,827
17,827
17,827

11
24
28
0
0
0

9
0
0
1
1
1
2
1
0
0
2
6
0
0
0
23
NA
NA

96
0

96
10
71
0
16
0
1
0
2
0

96
0
46
53
1

0

7

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

23
NA
NA
NA
NA
NA

5
0
0
0
0
1
0
0
3
0
0
0
6
0
0
15
NA
NA

39
34

73
22
14
37
14
1
0
4
1
7

0
NA
NA
NA
NA

73

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
17
0
12
0

8
0
1
0
3
0
1
0
0
0
0
0
2
0
0
15
NA
NA

66
5

71
27
54
8
11
0
0
0
0
0

71
0
31
66
3

0

12

10,010
10,250
10,730
10,970


NA
NA
NA

24,170
24,170
24,170

16,170
16,170
16,170

3
NA
NA
NA
NA
NA

2
0
0
0
0
2
0
0
0
0
0
0
8
0
0
12
NA
NA

70
0

70
16
51
16
14
1
0
0
1
0

70
0
26
74
0

0

9

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
0
0
0
0

8
0
0
0
0
3
2
0
2
0
0
0
3
0
0
18
NA
NA

62
0

62
27
21
2
50
0
0
0
0
0

62
0
34
66
0

0

10

9,890
10,250
10,610
10,970


NA
NA
NA

24,170
24,170
24,170

16,170
16,170
16,170

1
NA
NA
NA
NA
NA

2
0
0
0
0
2
0
0
0
0
0
2
4
0
0
10

Page 2 of 3
Interactive College of Technology
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

48
0

48
6
40
8
46
0
0
0
0
0

48
0
19
81
0

0

10

9,890
10,250
10,610
10,970


NA
NA
NA

24,150
24,150
24,150

16,150
16,150
16,150

2
NA
NA
NA
NA
NA

1
0
0
0
0
2
0
0
0
0
0
1
3
0
0
7

Page 3 of 3


Sources: STI: PopStats and STI: Colossus