Rice University

Highlights

~ $1 Billion Annual Economic Impact

2,939 Total Jobs Supported

Estimated Economic Impact Analysis

from Annual Revenue

Annual Revenue: $665,000,000
Final Demand Output Multiplier: 2.1876
Economic Impact of Annual Revenue: $1,454,754,000
Direct Jobs: 1,700
Texas Annual Average Wage - Industry Specific: $112,930
Wages Paid to Direct Jobs: $191,981,000
Direct Effect Employment Multiplier: 1.7287
Indirect Jobs Supported (Full-Time Equivalent): 1,239
Total Jobs Supported (Direct & Indirect): 2,939
Texas Annual Average Wage - All Industries: $50,490
Wages Paid to Indirect Jobs: $62,546,507
Total Wages Paid to Direct and Indirect Jobs: $254,527,507
Texas Average Sales Tax: 0.08
Indirect Sales Tax Generated from Spending: $20,362,201

Our Assumptions

We base this analysis summary off two key data points provided by ZoomInfo. Your estimated total annual revenue ($665,000,000) and the direct jobs (1,700) that are supported in the state of Texas. If these numbers are innacurate, contact us and we can update your report.

Our Methodology

Younger has invested over 30 years in economic development research refining our economic impact analysis model. We utilize local BEA data and tax data to quantify precise region specific results. Read more about each calculation and terms used within this report.

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