Direct and Secondary Economic Impact

With an annual payroll of about $20 million, Knox employs 347 full-time and 110 part-time faculty and staff. Nearly 95% of employees live in the Galesburg area.
More than 80% of all Knox students work on campus or in local businesses.
- Knox’s student payroll is about $1.24 million.
Knox’s annual budget for goods and services is about $15 million. Much of that is contracted with West Central Illinois businesses (including Peoria).
- Knox brings in more than $4 million in annual contributions from outside this area.
- Knox has completed nearly $29 million in renovation, construction, and other capital projects since 2000. Nearly 80% of that work was contracted with area contractors and workers.
The Federation of Independent Illinois Colleges and Universities estimates Knox makes a direct economic impact on Galesburg of $44,057,850.

The Federation of Independent Illinois Colleges and Universities estimates that 583 additional jobs are created locally and statewide, with a total economic impact to Illinois of $83,363,241.
Knox attracts thousands of visitors to Galesburg each year for Homecoming, Commencement, Family and Friends Weekend, Admission Open Houses, and other campus activities.
- Homecoming brings in over 1,000 alumni and guests to the Galesburg area. In 2012, more than 1,000 alumni and guests attended Homecoming.
Visitor spending in Galesburg and the local area is estimated to be about $1,946,955.
Knox promotes the community to prospective students and their families, college counselors, and alumni.
- More than 2,000 prospective students and families visited campus between September 2011 and August 2012.
Nearly 1,000 Knox alumni live in the Galesburg area.