Economic Benefits of Public Transit

According to the American Public Transportation Association:

> Every $1 invested in public transportation projects generates approximately $6 in local economic activity.

> Every $10 million in capital investment in public transportation yields $30 million in increased business sales.

> Real estate — residential, commercial or business — that is served by public transportation is valued more highly by the public than similar properties not as well served by transit.

> Public transportation enhances local rural economic growth in many ways, increasing the local customer base for a range of services — shopping malls, restaurants, medical facilities and other transportation services.

> Every $1.25 billion investment in the nation’s transportation infrastructure supports approximately 35,000 jobs.

Increased public transportation can boost revenue received from tourism.  If weekend visitors can drive into the state with more ease or Bostonians without cars have improved public transit, NH can become more competitive for regional visitor dollars (source: NH Public Radio, 2006).

Visit theTransit Benefits Calculator to see how many jobs can be created from transit investments.