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Over 30 studies analyzing residential property values support the idea that those located near natural or green spaces are more valuable and generate more tax revenues—with property values up to 20% higher. commercial and recreational fisheries was estimated at over billion annually, with more than 1.7 million jobs related to the fisheries industry. is estimated to generate more than 0 billion in economic activity annually.
To put these findings into a city-wide economic context, the study found the increased property values associated with a single greenbelt in Austin, Texas amounted to approximately .64 million in additional property tax revenue in just two neighborhoods. The vast majority of commercial and recreational fisheries rely on species that use floodplains and wetlands for some stage of their life cycle development. Also, in a series of studies about trees in business districts around the U. found shoppers were willing to spend more in areas with higher quality tree canopies or a more natural feel.
A similar survey of an urban California community found 90% of property crimes occurred in areas without vegetation.
In Chicago, a study found residents reported fewer incidents of illegal activity in places containing urban nature.
Recent studies demonstrate that green spaces in urban areas may actually decrease violent and property crimes in neighborhoods.
One study comparing 98 apartment buildings in an inner-city neighborhood indicated that residents with higher amounts of nearby nature reported fewer violent and minor crimes, and fewer incivilities.
In a study in Philadelphia, vacant lots—which are often associated with illegal activity—were cleaned of trash and illegal dumping, planted with grass and trees, and had a small wooden fence built around the perimeter.
The greening activity was associated with reductions in violent crimes and improvements in residents' perceptions of safety.
Improved water quality can boost tourism and recreation or reduce costs at water treatment facilities.
Even smaller-scale projects, like rain gardens or green roofs, can help reduce the impacts of local flooding events while also providing benefits like improved community appeal and habitat for birds and butterflies or pollinating bees.
Communities have choices in how they prepare for and respond to floods.