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Economic Impact | Sandia Science & Technology Park
Sandia Science & Technology Park

Sandia Science & Technology Park

An Internationally Recognized Technology Community

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Economic Impact

Park MetricsĀ (as of 12/31/2012)

Park Metrics Results
Number of Companies & Organizations 33
Number of Employees 2,414
Number of Buildings 24
Available Space (out of 1.1 Million sq. ft.) 96,206
Available Land (out of 340 acres) 228
Funds-In and In-Kind Services to Sandia from Park Companies since 1998 $17.7 Million
Contracts from Sandia Procurement to Park Companies since 1998 $402 Million
Contracts between Park Companies since 1998 $9.7 Million
Public and Private Investment in the Park since 1998 Public $89 Million
Private $269 Million
Total (Public and Private) $358 Million

Economic Impact Assessment (as of 12/31/2011)

Jobs Created Results*
Direct Jobs Created by Entities in the Park 2,470
Indirect Jobs Created as a Result of the Park 4,123
Total Jobs Created (Direct Plus Indirect) 6,593
Increase in Tax Revenue
Cumulative Impact on Taxable Consumption (Goods and Services) $1,893,200,000
Cumulative Impact on Gross Receipts Tax Revenue to the State of New Mexico $73,400,000
Cumulative Impact on Gross Receipts Tax Revenue to City of Albuquerque $10,400,000
Increase in Wages
Cumulative Increase in Wage and Salary Disbursements Attributable to Park Activities $3,062,800,000
Salary Comparison
Average Salary for Each Full-Time Job in the Park $74,949
Average Salary for Each Full-Time Job in Albuquerque $42,332
*Since Park was founded in 1998