Table 4.

Summary of Tier 1 and Tier 2 Benefit Value Estimates

Benefit Category Unit of Measure Tier 1 Tier 2
Property Damage Avoided Average Annual $780 million $3.6 billion
Increased Short-Term Economic Activity Average Annual $109 million $660 million
Increased Property Tax Collected Average Annual $211 million $962 million
Increased Flood Insurance Coverage Dollar Amount $12 billion $20 billion
Increased Real Estate Value Dollar Amount $8 billion $31 billion