Return on Investment
When Florida taxpayers invest in libraries, what do they get in return?
In 2013, we conducted a study on the return on investment Florida taxpayers receive when they invest in public libraries.
When Florida taxpayers invest in public libraries what do they get in return?
The 2013 Taxpayer Return on Investment Study evaluated:
- The value that users place on public libraries.
- Taxpayers' return on investment.
- The economic impact of libraries in their communities.
Quick facts from the 2013 study
Economic benefits of Florida public libraries
|Return on Investment||$10.18 to $1|
|Cost per job created||$2,574|
|Total statewide impact||$6.57 billion|
|Income increase per dollar spent||$28.42|
Florida public library statistics
|Number of public libraries||555|
|In-person library visits||82 million|
|Items checked out||126 million|
|Number of research questions||30.6 million|
|Public library card holders||9.5 million|
Why are Florida's 555 public libraries so important?
- Support business, education and recreation.
- Promote lifelong learning.
- Excel in early childhood development.
- Provide public services and technology instruction.
What benefits do Florida public libraries offer Floridians?
Many people report they use libraries to:
- Research business practices.
- Evaluate goods and services.
- Seek tax information.
- Obtain information for their own needs, and the needs of their families.
- Enjoy the relaxing atmosphere, read for fun and attend public events.