Economic Impact Analysis
Port Columbus, Rickenbacker and Bolton Field airports are more than
just airplanes and runways. According to the January 2005 independent
economic impact study they also mean thousands of jobs, millions of dollars
in paychecks and billions of dollars in total economic activity.
The economic impact study followed a proven, FAA-supported methodology
that considered all on-airport aviation activities, capital improvement
projects, visitor related expenditures and their ripple effects.
According to the study, the total impact of the three airports results
in nearly 30,000 jobs, $793.1 million in payroll and $2.7 billion in annual
economic activity. Port Columbus is responsible for nearly 24,000 jobs
with an annual payroll over $624 million and a total of $2.2 billion in
annual economic activity.
Below is a chart that summarizes the economic impact of each airport
and their combined effect on the Central Ohio Region.
| Port
Columbus International Airport |
| |
Jobs |
Annual Payroll |
Annual Economic Activity |
| Airport Tenants |
| First-Round |
5,828 |
$229.8 Million |
$851.3 Million |
| Second-Round |
6,920 |
$174.1 Million |
$721.7 Million |
| Total |
12,748 |
$403.9 Million |
$1.6 Billion |
| Commercial Service Visitor
Industry |
| First-Round |
7,155 |
$134.6 Million |
$368.2 Million |
| Second-Round |
3,323 |
$79.6 Million |
$230.4 Million |
| Total |
10,478 |
$214.2 Million |
$598.6 Million |
| General Aviation Visitor Industry |
| First-Round |
211 |
$4.1 Million |
$9.7 Million |
| Second-Round |
83 |
$2.6 Million |
$7.1 Million |
| Total |
294 |
$6.7 Million |
$16.8 Million |
| Total |
23,520 |
$624.8 Million |
$2.2 Billion |
| Rickenbacker International
Airport |
| |
Jobs |
Annual Payroll |
Annual Economic Activity |
| Airport Tenants |
| First-Round |
3,133 |
$102.5 Million |
$254.8 Million |
| Second-Round |
3,085 |
$59.4 Million |
$288.0 Million |
| Total |
6,218 |
$161.9 Million |
$542.8 Million |
| Commercial Service Visitor
Industry |
| First-Round |
44 |
$836,000 |
$2.5 Million |
| Second-Round |
20 |
$494,200 |
$1.6 Million |
| Total |
64 |
$1.3 Million |
$4.1 Million |
| General Aviation Visitor Industry |
| First-Round |
13 |
$252,200 |
$603,700 |
| Second-Round |
5 |
$162,500 |
$443,100 |
| Total |
18 |
$414,700 |
$1.0 Million |
| Total |
6,300 |
$163.6 Million |
$547.9 Million |
| Bolton Field Airport |
| |
Jobs |
Annual Payroll |
Annual Economic Activity |
| Airport Tenants |
| First-Round |
58 |
$2.1 Million |
$4.3 Million |
| Second-Round |
73 |
$1.6 Million |
$3.9 Million |
| Total |
131 |
$3.7 Million |
$8.2 Million |
| General Aviation Visitor Industry |
| First-Round |
31 |
$601,400 |
$1.4 Million |
| Second-Round |
12 |
$387,400 |
$1.1 million |
| Total |
43 |
$988,800 |
$2.5 Million |
| Total |
174 |
$4.7 Million |
$10.7 Million |
| Total |
29,994 |
$793.1 Million |
$2.7 Billion |
For more information, view the Economic
Impact Brochure or the full
report.
|
