Calhoun Community College Powers North Alabama's Economy with a Staggering $802.8 Million Impact

Decatur, AL — Calhoun Community College isn’t just shaping futures, it’s helping drive Alabama’s economy with a remarkable $802.8 million economic impact, according to a comprehensive study conducted by Lightcast, a global leader in labor market analytics. This substantial contribution represents nearly 1.8% of the total gross regional product (GRP) of the college’s service area, which includes Madison, Morgan, Limestone, and Lawrence counties, supporting an impressive 10,627 jobs across diverse industries.

“Calhoun Community College is more than an educational institution; we are an economic engine for North Alabama,” said Dr. Jimmy Hodges, Calhoun Community College President. “We are incredibly proud to contribute to the growth and prosperity of our region. Whether students prefer in-person, online, or hybrid learning, Calhoun is here to meet them where they are, offering flexible options for those with demanding schedules,” Hodges adds.

Economic Growth at Every Level
Calhoun's impact is multifaceted, reflecting the college's role as an educator, employer, and community partner:

• Alumni Impact: The college's alumni generated an astounding $723.3 million in added income for the regional economy in FY 2023-24, supporting 9,274 jobs.
• Operations Spending: With 915 full-time and part-time faculty and staff, 88% residing within the service area, Calhoun’s payroll of $46.4 million and additional expenditures contributed $58.5 million to the local economy, supporting 1,017 jobs.
• Construction Impact: Investments in campus infrastructure added $9.9 million, supporting 130 jobs. 
• Student Spending: The spending habits of relocated and retained students contributed $11.1 million to the economy, supporting 206 jobs. 

A Strong Return on Investment
For every dollar invested by students, Calhoun delivers $4.60 in higher future earnings. Graduates with an associate degree from Calhoun can expect annual earnings $10,800 higher than those with only a high school diploma, amounting to $421,200 in additional lifetime income.

Statewide Influence with Local Roots
This local success mirrors the broader economic influence of the Alabama Community College System (ACCS), which contributes $8.1 billion annually to Alabama’s economy, supporting 114,043 jobs, or one in every 26 jobs statewide.

“Our students and graduates are working, earning, and reinvesting in Alabama’s communities,” said ACCS Chancellor Jimmy H. Baker. “Businesses across the state rely on them to keep operations strong. No other entity has a greater reach in education and workforce training, and we are committed to ensuring every student leaves our colleges prepared to contribute to their communities, their industries, and Alabama’s economic growth,” Baker adds.

Calhoun Community College remains steadfast in its mission to fuel economic prosperity, foster innovation, and empower individuals to achieve their potential. This report underscores Calhoun’s pivotal role in shaping not just careers, but the very fabric of North Alabama’s thriving economy.

All media inquiries should contact Calhoun’s Public Relations Team at 256-306-2560 or 256-306-2965.