When we think about the local economy, our minds immediately go to Joint Base Lewis-McChord. Or health care. Or Port of Tacoma. But Puget Sound is a business, too. And a pretty big one, at that.
In 2014 we were the 28th largest employer in Pierce County. Each year our faculty, staff, and student employees—not to mention the thousands of visitors that come to our campus—infuse millions of dollars into the local economy.
Number of regular employees: 714
Student and temporary employees: 1156
Employees living in Pierce County: 590
Payroll: $47.1 million
Direct salary deposits in local banks: $35 million
Operating Budget: $103 million
University expenditures on goods and services to Pierce County vendors: $14.7 million
Estimated local spending by students: $14.2 million*
*This figure is determined by multiplying the number of full-time students, minus those studying abroad, by the estimated living costs outlined in our Money Matters publication. Books and supplies are not included.