Howard University Announces $1.575B Economic Impact on the Greater Washington Area

The economic impact findings, which tell the story of Howard’s 157-year commitment to strategic investment and service to its community, show that Howard’s economic impact in the District alone totaled $1.154 billion in 2019. That year, the University’s student body population, comprised of nearly 13,500 students, spent over $25 million on retail consumer services, entertainment, dining, and other convenience goods. The University made payments totaling more than $500 million to more than 2,300 vendors in fiscal year 2024, including more than $235 million paid to local vendors. In addition, the University and 霍华德大学医院 current workforce was comprised of nearly 5,000 employees, with a payroll of $395 million.