Regional Economic Valuation

Regional Valuation Image

Relative Value Estimate for Green Infrastructure and its Associated Ecosystem Services in West Michigan is ~$1.8 billion per year*

 * This amount represents an estimated value only and should not be interpreted as an actual value.

Legend

  • Red: > $10,000*
  • Orange:$2,001- $10,000*
  • Green: $201 - $2,000*
  • Blue: $0 - $200*
  • Grey:Developed Area/Not Valued

*All values are per acre per year.

For county-level data select a county name from this list:

Allegan

Barry

Ionia

Kent

Newaygo

Muskegon

Ottawa

County map

Preliminary Value Estimates for Ecosystem Services in West Michigan

(Per Acre Per Year)

Select a value or descriptor for additional information.

 

Cropland

Orchards & Specialty Crops

Grass, Shrub & Prairie

Forest

Water

Wetlands

Great Lakes Sand Dunes & Beach

Other Bare Lands

Food Production

$58

$337

n/a

n/a

n/a

 

n/a

n/a

n/a

Raw Materials

n/a

n/a

n/a

$48

INS

INS

$369

$369

Aesthetic/Amenity

$23

$23

$23

Private: $38

Public: $3,311

NEI

$19 - $30

Private: $19,437

Public: $62,171

n/a

Recreation

$19

$19

$19

Private: $38

Public: $3,311

$864

$13 - $76

Private: $19,437

Public: $62,171

 

n/a

Fish/Wildlife Habitat

INS

INS

$14

$3

$864

$147 - $1,513

NEI

n/a

Pollination

NEI

NEI

INS

NEI

n/a

NEI

INS

n/a

Nutrient Cycling

NEI

INS

NEI

NEI

NEI

$1,067 -$2,040

NEI

n/a

Waste Assimilation

n/a

n/a

NEI

NEI

NEI

$1,067 -$2,040

NEI

n/a

Erosion Control

NEI

NEI

NEI

$21

n/a

$86 - $485

NEI

n/a

Water Regulation

INS

INS

NEI

NEI

NEI

NEI

INS

n/a

Water Supply

n/a

n/a

n/a

n/a

$59

$59

n/a

NEI

NEI: Not enough information              INS: Value presumed to be insignificant                n/a: not applicable


This pie chart and associated table show the break down of land use and the lower bound value estimates for the West Michigan policy region.

Land Use and Cover

Acres

Estimated Annual Value

Cropland

1,192,127

$119,212,726

Orchards & Specialty Crops

39,519

$14,977,686

Grasses, Shrubs & Prairie Lands

456,829

$25,582,424

Forest Lands

996,189

$1,111,015,891

Water

67,540

$62,339,152

Wetlands

58,579

$81,483,097

Great Lakes Sand Dunes & Beaches

4,762

$138,820,172

Other Bare Lands

10,265

$3,787,718

Developed Lands

268,387

Not Valued

Total

3,094,197

$1,565,218,867

Pie chart of land use

In addition to the data listed above in the value matrix, the Project Team estimated values for ecosystem services associated with rails-to-trails. The West Michigan policy region also has 123.16 miles of rails-to-trails. The Ecosystem Services associated with this land use include Aesthetics/Amenity and Recreation, but there was enough information to determine an ecosystem services value only for Recreation. The estimated value for the rails-to-trails in the West Michigan policy region is $299,401 per mile per year, or ~ $36.9 million (Betz et al. 2003;Siderelis and Moore 1995Siderelis et al. 2000).



Page last modified February 12, 2020