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You are at:Home»Local News»Fort Riley»Report: Fort Riley exceeds $2 billion in economic impact on area

Report: Fort Riley exceeds $2 billion in economic impact on area

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By KMAN Staff on January 29, 2025 Fort Riley, Local News
The Fort Riley Military Base and army installation in north central Kansas. -- (c) 2018 Tony Webster

Fort Riley leaders recently released the 2024 economic impact summary. The report shows that the installation, home of the 1st Infantry Division, had a direct economic impact on the area of $2.047 billion in fiscal year 2024, which runs from Oct. 1, 2023, through Sept. 30, 2024. That number includes payroll, contracts and services, construction, intergovernmental agreements, veteran spending and more. Total payroll for Fort Riley, one of the biggest employers in the region, was $1.312 billion.

The fort’s indirect economic impact $4.503 billion, using the Congressional Budget Office’s accepted multiplier of $2.2 for every $1 of direct economic impact.

To view the full article visit theMercury.com.

Click here for more local news.

1st Infantry Division impact direct and indirect economic impact Flint Hills region economy Fort Riley 2024 report Fort Riley economic impact Fort Riley employment Fort Riley payroll Kansas economy military bases economic contributions military economic impact
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