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

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

The estimated one-year local impacts of building 100 single-family homes in Sevier County include $67.2 million in local income, $10.2 million in taxes and other revenue for local governments, and 1,016 local jobs.

The additional, annually recurring impacts of building 100 single-family homes in Sevier County include $6.7 million in local income, $2.9 million in taxes and other revenue for local governments, and 109 local jobs.

Local Government Costs Compared to Revenue

This section summarizes the cost-revenue comparisons.

In the first year, the 100 single-family homes built in Sevier County result in an estimated $11.6 million in tax and other revenue for local governments, $317,000 in current expenditures by local government to provide public services to the net new households at current levels, and $1.6 million in capital investment for new structures and equipment undertaken by local governments.

In a typical year after the first, the 100 single-family homes result in $2.9 million in tax and other revenue for local governments, and $633,000 in local government expenditures needed to continue providing services at current levels.