Estimating the Economic Boost of Extending Marriage to Same-Sex Couples in Nevada
By M.V. Lee Badgett, Christy Mallory
Extending marriage to same-sex couples in Nevada would generate an additional $23 million to $53 million in spending to the state. According to 2010 U.S. Census, the state of Nevada has about 7,140 resident in same-sex relationships. Of those couples, 50 percent or 3,570 couples would chose to marry within the first 3 years, a pattern that has been witnessed in other states. As a result, about 2,300 marriages would occur in this first year alone; which would add an additional $14 to $34 million in revenue to the state of Nevada that year. This economic boost would add at least $1.8 million to $4.2 million tax dollars to state and local coffers. In addition, extending the right to marry to same-sex couples can generate approximately 193 to 449 jobs in Nevada in the first three years.