Category: Michigan Impact

State of Michigan

Impact: State

State Impact

  • ~$203.8 Billion in research funding across University Research Corridor partners
  • $332 million in state tax revenue
  • Students from every Michigan county, all 50 states, and 99 countries
  • ~#1 public research university
  • ~13.4 Billion in UM and Michigan Medicine Operating revenue
Ann Arbor

Impact: Ann Arbor

As of FY2024, U-M owned approximately 9.4% of the land within the City of Ann Arbor*. U-M does not pay property taxes on its land or facilities, but does pay other taxes and makes payments to Ann Arbor including:

  • ~$16M water and sewer fees
  • ~$5.5M for fire protection, police services, review fees, and capital improvements
  • ~$3M in real estate taxes on the lease of ~500,000 square feet in office/research and warehouse space
  • ~$24.7M Total payments to Ann Arbor
Municipality

Impact: Land / Municipality

Community Impact:

  • ~$95 million/year in student discretionary spending
  • 59% of visitors to Ann Arbor come for a reason associated with the University of Michigan
  • ~$28 million in visitor spending per football game
  • ~$1.2 million in University of Michigan charitable contributions to health and human services agencies
  • ~60% of new companies launched by U-M remain the in Ann Arbor area

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Washtenaw County

Impact: Washtenaw County

In FY 2024:

  • U-M provided over $26 million in scholarships to over 3700 Washtenaw County students attending the University.
  • Over 42,000 Alumni lived in Washtenaw County.
  • Washtenaw County residents made over 1.1 million visits to University of Michigan hospitals.
  • The University of Michigan made over $350 million in purchases from County-based businesses.
  • Over 33,000 Washtenaw County residents were employed by the University of Michigan.