The NAHB model produces impacts on income and employment in 16 industries and local government, as well as detailed information about taxes and other types of local government revenue. Aggregate results are summarized below. Subsequent sections of the report show detail by industry and type of tax or fee revenue generated.



The above impacts were calculated assuming that new single-family homes built in Flagler County have an average price of $272,571; which includes $45,454 in raw land value and $17,000 in permit, hook-up, impact and other fees paid to local governments; and incur an average property tax of $4,022 per year. The property tax payment considers a $25,000 homestead exemption, where the property is assessed at 80 percent of its market value for tax purposes, and the exemption is applied to the assessed amount. The impact estimates also assume that a local sales tax of 1.0% is charged on construction materials. This information was provided by the Flagler County Palm Coast Home Builders Association.

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2019 NAHB LOCAL IMPACT REPORT.pdf

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