West Virginia’s economy thrives with WVU Parkersburg’s support, new data shows

Parkersburg, W.Va. (February 4, 2025) — WVU Parkersburg plays a pivotal role in the region, delivering considerable economic value and strong returns for its stakeholders. Its impact is felt far beyond the classroom, as the college stimulates economic growth and enriches the quality of life throughout its service area, which includes Jackson, Pleasants, Ritchie, Roane, Tyler, Wirt and Wood counties.

WVU Parkersburg’s role in shaping students’ futures is emphasized in an economic impact study by Lightcast, a labor market data provider, that uses 2022-2023 Fiscal Year data. By offering essential education, training and skills, the college prepares students for fulfilling careers while also spurring economic development through student attraction and partnerships with local businesses and vendors.

“We are so proud that WVU Parkersburg is able to provide a return on every dollar we receive, which is not always the case for a service organization,” said President Dr. Torie Jackson. “We are also thankful for the partnerships that we have with organizations like the Wood County Economic Development Authority to strategize as we plan for the future. We can do education. They do development. Together, it makes for an amazing team and an impact on the Mid-Ohio Valley that is proven by this economic impact analysis.”

WVU Parkersburg generated $178.6 million in income for the economies of Jackson, Pleasants, Ritchie, Roane, Tyler, Wirt and Wood counties in 2022-2023, directly supporting 2,689 jobs. This impact means that one out of every 29 jobs in the region is connected to the college or its students. The college’s contribution, equivalent to 2.4% of the region’s total gross regional product (GRP), highlights its significant role in the local economy.

“WVU Parkersburg has always been an integral part of the community. However, under Dr. Torie Jackson’s leadership, I’m not surprised to see high economic impact that the college has had and will continue to have on the region,” said Lindsey Kerr Piersol, Executive Director of the Wood County Development Authority. “The redevelopment of the former Ohio Valley University campus into the Innovation and Technology Center will continue to add jobs, capital investment and much needed educational programs to Wood County and the seven counties that WVUP serves. Taking the generational change that WVUP has been proud of for years to new heights.”

In Fiscal Year 2022-2023, West Virginia invested $34.6 million in supporting WVU Parkersburg. This investment is expected to boost the state’s economy by 270.6 million over the course of the students’ careers. Additionally, society will gain 14.4 million in savings across both the public and private sectors.