The Metro Area Impact of Home Building in Roane County, Tennessee: Income, Jobs and Taxes Generated

This report presents estimates of the impacts of building 100 single-family homes, representative of construction in Roane County.

The estimated one-year metro area impacts of building 100 single-family homes in Roane County include $26.4 million in local income, $3.2 million in taxes and other revenue for local governments, and 283 local jobs.

The additional, annually recurring impacts of building 100 single-family homes in Roane County include $4.3 million in local income, $1.4 million in taxes and other revenue for local governments, and 58 local jobs.

Local Government Costs Compared to Revenue

This section summarizes the cost-revenue comparisons.

In the first year, 100 single-family homes built in Roane County result in an estimated $3.9 million in tax and other revenue for local governments, $329,000 in current expenditures by local government to provide public services to the net new households at current levels, and $2.2 million in capital investment for new structures and equipment undertaken by local governments.

In a typical year after the first, the single-family homes result in $1.4 million in tax and other revenue for local governments, and $658,000 in local government expenditures to continue providing services at current levels.