When it becomes legal, same-sex marriage will bring more than three-quarters of a trillion dollars to just thirteen states in the first three years.
Same-sex marriage, when legal, will bring an estimated $783.6 million to the economies of just thirteen states in the first three years, a new study finds. The huge economic impact cannot be ignored. The study, by UCLA’s Williams Institute, used census and other data to make its projections.
Texas alone would see a three-year economic benefit of $181,600,000.Â
Here are the numbers. With the exception of Tennessee and Kentucky, they were published by the Washington Post:
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Michigan
Couples marrying over first three years: 7,299
Three-year economic benefit: $53,200,000
Three-year revenue benefit: $3,200,000
Economic benefit in first year: $34,100,000
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Ohio
Couples marrying over first three years: 9,842
Three-year economic benefit: $70,800,000
Three-year revenue benefit: $5,000,000
Economic benefit in first year: $45,200,000
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Texas
Couples marrying over first three years: 23,200
Three-year economic benefit: $181,600,000
Three-year revenue benefit: $14,800,000
Economic benefit in first year: $116,200,000
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Nevada
Couples marrying over first three years: 3,570 (low-end estimate: 1,532)
Three-year economic benefit: $52,000,000 (low-end estimate: $23,000,000)
Three-year revenue benefit: $4,200,000 (low-end estimate: $1,800,000)
Economic benefit in first year: $34,000,000 (low-end estimate: $14,000,000)
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Arizona
Couples marrying over first three years: 7,909
Three-year economic benefit: $61,900,000
Three-year revenue benefit: $5,100,000
Economic benefit in first year: $39,600,000
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Pennsylvania
Couples marrying over first three years: 11,168 (low-end estimate: 7,490)
Three-year economic benefit: $92,100,000 (low-end estimate: $65,000,000)
Three-year revenue benefit: $5,800,000 (low-end estimate: $4,200,000)
Economic benefit in first year: $58,900,000 (low-end estimate: $42,000,000)
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Indiana
Couples marrying over first three years: 5,537
Three-year economic benefit: $39,100,000
Three-year revenue benefit: $2,700,000
Economic benefit in first year: $25,000,000
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Utah
Couples marrying over first three years: 1,955
Three-year economic benefit: $15,500,000
Three-year revenue benefit: $1,000,000
Economic benefit in first year: $9,900,000
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Virginia
Couples marrying over first three years: 7,122 (low-end estimate: 5,487)
Three-year economic benefit: $60,000,000 (low-end estimate: $46,000,000)
Three-year revenue benefit: $3,200,000 (low-end estimate: $2,500,000)
Economic benefit in first year: $38,500,000 (low-end estimate: $29,700,000)
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Oregon
Couples marrying over first three years: 5,887
Three-year economic benefit: $47,300,000
Economic benefit in first year: $30,300,000
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Tennessee
Couples marrying over first three years:Â 5,449
Three-year economic benefit: $36,700,000
Economic benefit in first year: $23,500,000
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Kentucky
Couples marrying over first three years: 3,598
Three-year economic benefit: $23,400,000
Economic benefit in first year: $15,000,000
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Image by Nate Chongsiriwatana via Flickr
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