Money and Marriages: Impact of Gay Marriage Legalization in Key States

Studies
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Since the Supreme Court decision in United States v. Windsor last year, gay marriage advocates have been successfully overturning marriage bans in states across the nation. Gay marriage is now legal in 19 states and the District of Columbia.

According to a recent Associated Press report, bans in all other 31 states currently face legal challenges— many of these bans have been overturned and are now in the appeal process.

Using data from the Williams Institute, a national think tank at the UCLA School of Law, NerdWallet analyzed the economic and human impact of legalizing gay marriage in some of the key states pointed out by the AP report.

State Marriages Total Spending Sales Tax Revenue Jobs Created Total Score
Florida 24248 $182,247,968 $12,064,815 1750 96.68
Texas 23200 $181,586,400 $14,799,292 1046 90.25
Ohio 9842 $70,842,716 $5,036,917 592 32.67
Arizona 7909 $61,895,834 $5,056,890 344 24.88
Michigan 7299 $53,217,009 $3,193,021 304 19.97
Virginia 6305 $53,285,641 $2,850,000 527 19.65
Colorado 6212 $50,348,260 $3,720,736 436 19.26
Indiana 5537 $39,116,137 $2,738,129 564 16.76
Tennessee 5449 $36,726,260 $3,470,631 221 13.65
Nevada 2551 $37,488,221 $2,972,817 321 7.66
Kentucky 3598 $28,877,548 $1,404,515 218 6.18
Oklahoma 3067 $20,496,761 $1,787,317 149 3.89
Utah 1955 $15,524,594 $1,037,043 268 1.23

Methodology:

Marriages: We looked at the total number of predicted marriages. Data is from the Williams Institute. This accounted for 50% of the overall score.

Money: We looked at the total wedding-associated spending in each state, including both direct spending on weddings and spending by out-of-state guests. We also looked at estimated sales tax revenue and job creation resulting from spending. Data is from the Williams Institute. This accounted for 50% of the overall score.

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Two Wedding Rings image from Shutterstock