Economic Impact of James Madison University on the City of Harrisonburg
Throughout its 102-year history, James Madison University has grown to become one of Virginiaís premier institutions of higher education and one of the nationís top comprehensive universities. The university now enrolls nearly 19,000 students, with more than 3,500 full and part-time faculty and staff, and it has an annual operating budget of $395 million.
At its current level of operations, James Madison University has a significant impact on the economies of the City of Harrisonburg and Rockingham County. The JMU Office of Institutional Research, with consultation and technical support from the Virginia Employment Commission, recently investigated that impact. This investigation was based on fiscal year 2009 spending for JMU operations and capital projects, summer 2008 through spring 2009 student spending, and calendar year 2009 compensation to employees.Economic Impact Study, July 2010 Information submitted by the Office of Institutional Research.