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ISU ECONOMIC IMPACT

County. Approximately 36% indicated that they owned their living quarters while 50% rented and the remainder reported living with family or friends. The average age of the students in this group was 30 years with 50% indicating that they were married. Over 57% indicated that they would live here if not enrolled at the University.They reported a local total annual spending of $85.5 million, which averages $13,716 per student household, the greatest per student spending of the three groups. Understandably, the largest spending category for this group is Housing which accounts for 27% of its total expenditures. This is followed by Food (22%) and Miscellaneous items at 17%.Nearly two-thirds of this student group consists of permanent area households with one or more members currently attending ISU on either a part-time or full-time basis. An estimate of the proportion of this group’s total area expenditures that would be "lost" to the area in the absence of the University is calculated in the Impacts Assessment section of this report.Out-of-Area StudentsThis student group consists of 5,138 ISU students who reside off campus and outside of Bannock County. The average age of this group was 35 years with 66% reporting that they were married at the time of the survey. Approximately 60% owned their homes, 25% rented and the remainder reported living with family or friends. Members of this group reported a total annual area spending of $64.3 million or about $12,521 per student household.The proportion of those consumption purchases made in Bannock county, as opposed to the neighboring communities where they reside, is unknown, but is presumed to be not more than 25%.Their spending habits were approximately the same as the local non-dormitory students. Combining the spending of the two non-dormitory groups yields the graph in Figure3, which illustrates the representative category spending of ISU’s non-dormitory student households.Whil...

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