Economic Benefits of Trees city trees

In local communities, trees enhance economic stability by attracting businesses and tourists and increasing property values.

Trees are capital assets that help decrease infrastructure costs in cities. The presence of trees in a community affects the cost of municipal services such as stormwater control, transportation and air quality.

In neighborhoods, home prices rise when within one quarter mile of trees and green space and effects can be worth $1,000's on the average home price. And wooded apartment complexes provide preferred aesthetics that can increase occupancy rates. Also, strategically placed trees around a home can reduce summer cooling costs by as much as 30%.

Fast Facts on local economics from Green Cities: Good Health.