Generating economic benefits for Iowa
A 2010 study conducted by Iowa State
University economics Professor Dave Swenson
demonstrates Des Moines University’s multi-faceted
financial impact on Polk, Warren and Dallas counties
and on the state.
- $136 million is generated by the University annually
to enrich the central Iowa economy.
- DMU operations, its patient clinics and its students
combined account for nearly 1,600 jobs in the metro area
and more than $57.3 million in labor incomes.
- The incomes generated by DMU-related activities support more than $3.8 million
in local government taxes and fees, resulting in more than $3.2 million in
expected tax receipts to the state.
- Annually, DMU students spend nearly $25 million on housing, food and other
household expenses, most of which is paid to local businesses.
- The University annually pays its employees nearly $34.7 million –also most of
which benefits the local economy.