Growth is Good for York County. Here’s why.
The one-year impact of every 100 houses built in York County include; $25.3 million in local income, $3 million in taxes and other revenue for local governments, and 359 local jobs. These are local impacts, representing income and jobs for residents of York County, and taxes (and other sources of revenue, including permit fees) for all local jurisdictions within the area. There are also one-year impacts that include both the direct and indirect impact of the construction activity itself, and the impact of local residents who earn money from the construction activity spending part of it within the local area. These benefits continue year after year.
The additional, annually recurring, impacts for these 100 single-family homes in York County include; $3.7 million in local income, $986,000 in taxes and other revenue for local governments, and 65 local jobs. In short, each new house is providing a surplus of revenue to the community and every family in York County will directly or indirectly benefit from our county’s growth.
Based on 2015 York County permits (1795) the impact would be…
• One Year Impacts
o $452 million in local income
o $54 million in taxes & other revenue for local governments
o 6,426 local jobs
• Recurring Impacts
o $66.5 million in local income
o $17.69 million in taxes & other revenue for local governments
o 1,166 local jobs