Community Connections
An Economic Resource
Salem State is a highly regarded academic, cultural and civic institution. It is also a significant economic resource for the Commonwealth of Massachusetts, Essex County and the city of Salem. In 2006, the college, its foundation and its assistance corporation were analyzed in an economic impact study to identify the areas of economic and financial influence that the Salem State has on the region and the Commonwealth.
Based on the data, Salem State's economic impact on the Commonwealth in the 2006 fiscal year was $375.7 million, on Essex County $209.8 million, and on the city of Salem $60.7 million. During this time, the total number of jobs resulting from the college's existence totaled 3,459 in Massachusetts: 1,978 in Essex County; and 593 in the city of Salem. The college also provides significant financial resources, totaling over $600,000 per year, to the city of Salem,.
Salem State opens its doors and facilities, including its library, athletic facilities, parking lots, and cultural venues, to Salem residents and the North Shore community. Based on information from Boston Business Journal's "2006 Book of Lists," Salem State ranks 9th among all public and private higher education institutions in Massachusetts in total undergraduate enrollment, and 13th in total graduate enrollment.