State
Studies on the Economic Impacts of Historic Preservation
Background
Does historic preservation make sense? Are
there economic, as well as cultural and aesthetic, benefits to
communities that invest in their historic resources? The answer
is yes. A number of states have undertaken studies that quantify
the economic impacts of historic preservation.
Links to the state studies are provided
below:
Alabama
(2002) | Colorado (2005) | Florida
(2003) | Georgia (1999)
Kentucky (1996) | Maryland
(2000) | Michigan (2002) | Missouri
(2002)
Nebraska (2007) | New
Jersey (1998) | New York (2000)
North Carolina (1998) | Rhode
Island (2005), (1996) | South Carolina
(2003)
Texas (1999)
| Virginia (1995) | West
Virginia (1997) | For More Information
Alabama
Property
Value Appreication for Historic Districts in Alabama
(2002)
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Colorado
The Economic Benefits of Historic Preservation
in Colorado (2005 Update)
http://www.coloradohistory-oahp.org/publications/pubs/1620.pdf
The
Economic Benefits of Historic Preservation in Colorado (Technical
Report)
http://www.coloradohistory-oahp.org/publications/pubs/1620T.pdf
2005 Supplemental to the Technical Report
http://www.coloradohistory-oahp.org/publications/pubs/1620TS.pdf
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Florida
Economic Impacts of Historic Preservation in Florida
(2003)
www.flheritage.com/preservation/economic_impact.pdf
www.law.ufl.edu/cgr/technical-report.shtml
Two reports are available: a 34-page, full-color, illustrated
summary and a longer technical report.
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Georgia
Profiting From the Past: The Economic Impact of Historic Preservation
in Georgia (1999)
www.preservationbooks.org
This study may be downloaded for a nominal fee from the National
Trust for Historic Preservation.
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Kentucky
Historic Preservation and the Economy of the Commonwealth:
Kentucky's Past at Work for Kentucky's Future (1996)
www.preservationbooks.org
This study may be downloaded for a nominal fee from the National
Trust for Historic Preservation.
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Maryland
The Value of Historic Preservation in Maryland (2000)
www.preservationmaryland.org/pdf/PM_Value_scn.pdf
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Michigan
Investing in Michigan's Future: The Economic Benefits of Historic
Preservation (2002)
www.mhpn.org/bin/site/ftp/michigan_final.pdf
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Missouri
Economic Impacts of Historic Preservation in Missouri
(2001)
www.dnr.mo.gov/shpo/taxcreditimpact.htm
www.dnr.mo.gov/shpo/RutgersStudy.pdf
Two reports are available: a 16-page, illustrated summary and
a longer technical report.
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Nebraska
Economic Impacts of Historic Preservation in Nebraska (2007)
http://www.nebraskahistory.org/histpres/publications/Nebraska_Hist_Pres_Econ.pdf
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New
Jersey
Partners in Prosperity: The Economic Benefits of Historic
Preservation in New Jersey (1998)
www.njht.org/pdf/ec_impct.pdf
www.njht.org/ec_study.htm
Two reports are available: a 20-page, illustrated summary and
a longer technical report.
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New York
New York: Profiting Through Preservation (2000)
www.preservenys.org/profiting.pdf
A 28-page, illustrated report.
New York City’s Independent Budget
Office also did a comparative study of housing values within certain
residential historic districts and in comparable non-designated
areas. The Impact of Historic Districts on Residential Property
Values (2002) www.ibo.nyc.ny.us/iboreports/HistoricDistricts03.pdf
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North
Carolina
Profiting from the Past: The Impact of Historic Preservation
on the North Carolina Economy (1998)
www.preservationbooks.org
This study may be downloaded for a nominal fee from the National
Trust for Historic Preservation.
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Rhode
Island
Rhode
Island Historic Preservation Investment Tax Credit (2005)
Economic Effects of Historic Preservation
in Rhode Island (1996)
www.preservationbooks.org
This study may be downloaded for a nominal fee from the National
Trust for Historic Preservation.
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South
Carolina
Smiling Faces Historic Places: The Economic Benefits of Historic
Preservation in South Carolina (2003)
www.state.sc.us/scdah/hpEconomicsbooklet.pdf
A 15-page, illustrated report.
Historic Districts are Good for Your
Pocketbook: The Impact of Local Historic Districts on House Prices
in South Carolina (2003)
www.state.sc.us/scdah/propval.pdf
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Texas
Historic Preservation at Work for the Texas Economy (1999)
www.thc.state.tx.us/publications/reports/EconImpact.pdf
A 22-page illustrated report. For further information on the companion
technical study, Economic Impacts of Historic Preservation in
Texas, contact the Texas State Historic Preservation Office at:
www.thc.state.tx.us.
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Virginia
Virginia's Economy and Historic Preservation: The Impact of
Preservation on Jobs, Business, and Community (1995)
www.preservationbooks.org
This study may be downloaded for a nominal fee from the National
Trust for Historic Preservation.
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West
Virginia
Economic Impact of Historic Preservation in West Virginia
(1997)
www.pawv.org/econimpact.htm
www.be.wvu.edu/serve/bureau/reports/historic/historic.pdf
An executive summary has been posted, and the full 33-page report
is available.
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For
More Information
In addition to the statewide studies
cited above, the Advisory Council on Historic Preservation has
compiled links to additional online studies that address the economic
impacts of historic preservation. The links to these studies fall
into the following five categories:
For further reading on the economic impacts
of historic preservation, the National Trust for Historic Preservation
has compiled the "historic preservation economic benefits
research reference list" of many publications that are not
available electronically. For more information, contact the National
Trust's Public Policy Department at policy@nthp.org.
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