UAB Annual Impact on the Alabama Economy
$4.6 billion in total economic impact generated by UAB in the state of Alabama.$302.2 million in tax revenue to state and local governments, including sales, property, and business tax payments. $1 in every $25 in the state’s budget is generated by UAB.
$1 invested by the state in UAB generates $16.23 in the total state economy.
UAB staff, faculty and students generate more than $208.8 million annually in charitable donations, volunteer services, and provision of free care.
The economic and employment impact of UAB’s expansion in 2020 (mid-range scenario) is projected to grow to $6.6 billion, generate 72,449 jobs and create $431.4 million in state and local tax revenue.
