UCSB Vision 2025 - UC Santa Barbara Long Range Development Plan

UCSB: A Powerful Economic Driver

BY THE NUMBERS

UCSB is more than an educational institution. It is a member of the local community and an important economic resource.

$1 billion
Overall annual economic impact of UCSB

$295 million
UCSB annual payroll

$223 million
Student spending on rent and mortgage payments

$64 million
Student spending on food and entertainment

9,500
=(6,000 full time)
Number of UCSB employees

90
Local companies created by UCSB grads

11.6%
Portion of the local economy between Gaviota Pass and Ventura County line directly attributed to UCSB

UC Santa Barbara has a positive influence on California, and especially the South Coast. With over 6,500 degrees conferred each year, UCSB makes a large contribution to the economic health and cultural diversity of the region. The University's $1 billion impact accounts for 5.3% of the total Santa Barbara County economy, making it one of the county's single biggest economic engines. Between the Gaviota Pass and Ventura County line, UC Santa Barbara represents 11.6% of the local economy. Over 90 local companies were founded by UC Santa Barbara graduates and faculty. Every dollar spent by UC Santa Barbara campus operations yields an additional 72% benefit to the Santa Barbara economy.