X

Gay Marriage – When Legal – Will Bring Hundreds Of Millions Of Dollars To States, Study Shows

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. 

Here are the numbers. With the exception of Tennessee and Kentucky, they were published by the Washington Post:

 

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

 

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

 

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

 

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)

 

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

 

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)

 

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

 

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

 

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)

 

Oregon

Couples marrying over first three years: 5,887

Three-year economic benefit: $47,300,000

Economic benefit in first year: $30,300,000

 

Tennessee

Couples marrying over first three years: 5,449

Three-year economic benefit: $36,700,000

Economic benefit in first year: $23,500,000

 

Kentucky

Couples marrying over first three years: 3,598

Three-year economic benefit: $23,400,000

Economic benefit in first year: $15,000,000

 

Image by Nate Chongsiriwatana via Flickr

 

 

Related Post