Metrics and Economic Impact

SS&TP Park Aerial

SS&TP Metrics

     
Number of Employees* 2,010
Number of Companies & Organizations* 41
Number of Buildings* 27
Public and Private Investment in the Park since 1998** Public Investment $99.5M
Private Investment $386.1M
Total (Public and Private) $485.6M

*As of June 2024
**Through calendar year 2023

Economic Impact

Increase in Tax Revenue 2022-2023† 1998-2023††
Cumulative Impact on Taxable Consumer Spending $172M $4.4B
Cumulative Impact on Gross Receipts Tax Revenue to City of Albuquerque $8.6M $45.9M
Cumulative Impact on Gross Receipts Tax Revenue to the State of New Mexico $14.9M $182.8M
Increase in Wages
Cumulative Increase in Wage and Salary Disbursements Attributable to Park Activities $412.4M $7.7B
Salary Comparison
Average Salary for Each Full-Time Job in the Park $92K  
Average Salary for Each Full-Time Job in Albuquerque Metropolitan Area $60K  

†This reflects a two-year period.
††The Mid-Region Council of Governments used the Regional Economic Models, Inc. (REMI) Model to do the assessment of the SS&TP’s impact from May 1998 through December 2023.