The League of American Bicyclists’ recent policy research report, The Economic Benefits of Bicycle Infrastructure Investments, contains some real gems. Here’s a sampling:
- The bicycling industry contributes an $133 billion a year to the U.S. economy.
- The bicycling industry supports 1.1 million jobs and generates $17.7 billion in federal, state, and local taxes.
- $46.9 billion is spent annually during bike trips and tours.
- North Carolina’s Outer Banks spent $6.7 million on bicycle infrastructure and they’ve seen an annual nine-to-one return on that one-time investment.
- In 2000, Quebec’s La Route Verte generated $95.4 million, corresponding to approximately 2,000 jobs and $15.1 million in tax revenue.
- As a result of policies to encourage bicycling and maintain urban density, Portland residents travel 2.9 billion fewer miles and spend 100 million fewer hours, saving $2.6 billion a year.
- A 2009 Portland study found that a disproportionate share of the bicycling occurred on streets with bicycle lanes, separate paths, or bicycle boulevards and concluded that the data support the need for well-connected neighborhood streets and a network of bicycle-specific infrastructure to encourage more bicycling among adults.
- A 2006 Minneapolis study shows that 83 percent of the time cyclists will choose a longer route if it includes a bike lane, and respondents were willing to add 20 minutes onto their trip in order to use a bicycle trail instead of riding on roads with facilities next to parked cars.
- An NHTSA study found that Urban households without a car, bicycle to work nearly three-and-a-half times more often than households with one car.
- In urban areas bike lanes can accommodate 7 to 12 times as many people per meter of lane per hour than car lanes.
- For the cost of repaving 3 miles of rough pavement on Interstate 710, CalTrans could sign and stripe 1,250 miles of California roads for bike lanes.
- Along San Francisco’s Valencia Street, two-thirds of merchants surveyed four-and-a-half years after bike lanes were painted said that the lanes had a positive overall impact on their business.
- A 2009 study of Bloor Street in Toronto found that people who biked and walked to the area spent more money than those who drove there.
- A study of home values near the Monon Trail in Indianapolis, Ind. showed that homes within a half mile of the Trail gained an 11% increase in value.
- Researcher Todd Litman of the Victoria Transport Policy Institute estimates that replacing a car trip with a bike trip saves individuals and society $2.73 per mile.
- A 30 percent mode-share in the U.S. would lead to an estimated savings of $163.8 billion a month (nearly two trillion dollars a year).
- According to the Texas Transportation Institute, gridlock costs the average peak period traveler almost 40 hours a year in travel delay, and costs the United States more than $78 billion each year.
- The results of a study of 33 large U.S. cities showed that each additional mile of bicycle lane is associated with an approximate one-percent increase in the share of bike-to-work trips.
The full report is well worth a read.