Estimating the Economic Boost of Marriage for Same-Sex Couples in Florida
By E.G. Fitzgerald, Christy Mallory, M.V. Lee Badgett
Extending marriage to same-sex couples in Florida would generate an estimated $182.2 million in spending to the state economy. According to the 2010 U.S. Census, the most recent data available, 48,496 same-sex couples live in Florida. Of those couples, the Institute estimates that 50 percent (24,248 couples) would choose to marry in the first three years, a pattern that has been observed in Massachusetts and elsewhere. The marriages that would occur in the first year alone would bring over $116 million in revenue to the state of Florida that year.