In an enlightening article published by immigrationimpact.com, the significant contribution of immigrants to Ohio’s economy is highlighted. The report comes at a time when immigration is a hotly debated topic; thus, understanding the facts about immigrants’ contribution to the local economy is critical.
Outlining Ohio’s demographics, the article illuminates that approximately 4.3% of the state’s population in 2018 were immigrants. Of these, almost 38% were naturalized citizens and most of them settled in the three largest counties; Cuyahoga, Franklin, and Hamilton. Despite the smaller overall percentage, the economic impact that this group has made is significant.
Primarily, immigrants have played a crucial role in filling job vacancies in Ohio, particularly in industries such as agriculture, healthcare, manufacturing, and research. They have been pivotal in driving entrepreneurship, evident in that they represent 6.8% of all business owners in Ohio, and own businesses that in 2018 created over $530 million in income.
Additionally, immigrants have greatly impacted the fiscal landscape of the state. The report denotes that in 2018, immigrant-led households in Ohio paid $2.4 billion in federal taxes and $1.4 billion in state and local taxes. Also, owing to their significant consumer spending power, immigrants are major contributors to Ohio’s economy.
The educational qualifications of immigrants in Ohio are also commendable. The report asserts that approximately one-third of the immigrants held a bachelor’s degree or higher, while 17.5% of them possessed an advanced degree, thus showcasing their high educational achievements.
One of the most eye-opening statements in the article is that the Buckeye State has experienced substantial economic growth due to immigrants, despite the lower population growth rate. The growth can be attributed to the facts that immigrants are proficient in filling gaps in employment, are educated, are making financial contributions in terms of taxes, and are driving entrepreneurship.
In conclusion, the positive economic impact of immigrants is clear and substantial when it comes to the state of Ohio. With their hard work, dedication, entrepreneurship, and spending power, immigrants are essentially invigorating Ohio’s economy, making them integral part of the state’s fabric.
While immigration continues to be controversial, it’s essential that we evaluate their contribution objectively and consider the underlying positive effects that come from a diverse population. This assessment provides an impetus to foster a more inclusive and welcoming environment for immigrants, recognising their significant role in the economic vitality of Ohio and the nation at large.
The original article, ‘Immigrants are Making Ohio Great: Let’s Talk about That’, published on the Immigration Impact website can be accessed through the following link (https://immigrationimpact.com/2024/09/17/immigrants-are-making-ohio-great-lets-talk-about-that/). This article serves as a valuable resource that underlines the valuable role that immigrants play in Ohio’s economy and society.
