Estimating the Economic Boost of Marriage for Same-Sex Couples in South Carolina
By Justin O’Neill, Christy Mallory, M.V. Lee Badgett
Extending marriage to same-sex couples in South Carolina would generate an estimated $25.2 million in spending to the state economy. According to the 2010 U.S. Census, the most recent data available, 7,214 same-sex couples live in South Carolina. Of those couples, the Institute estimates that fifty percent (3,607 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 about $16 million in revenue to the state of South Carolina that year.