Yavapai College creates a significant positive impact on the business community and generates a return on investment to its major stakeholder groups—students, taxpayers, and society.
Using a two-pronged approach that involves an economic impact analysis and an investment analysis (undertaken by Lightcast Labor Market Analytics), this study calculates the benefits received by each of these groups. Results of the analysis reflect fiscal year (FY) 2021-22.
Impacts by Industry
In FY 2021-22, YC added $203.7 million in income to the Yavapai County economy, a value approximately equal to 2.2% of the county’s total gross regional product (GRP). Expressed in terms of jobs, YC’s impact supported 3,315 jobs.
For perspective, the activities of YC and its students support one out of every 33 jobs in Yavapai County.
Impacts Created by YC
in Fiscal Year 2021-22
