Economic Benefits of Parks
Type
Policy Brief or Report
Year
2011
Level
City or Town, County, State
State(s)
All States, Pennsylvania
Policy Areas
Community Development, Economic Justice, Environment & Natural Resources, Public Spaces
This guide examines economic impact studies of public parks, and finds parks provide many economic benefits to their surrounding communities, including increased property values, increased tax revenues, decreased medical costs due to recreational opportunities, and decreased stormwater treatment costs. It highlights how city parks improve walkability, increase government revenues, and support housing markets.