Regional Economic Valuation
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.
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 |
|
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Food Production |
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Raw Materials |
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Aesthetic/Amenity |
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Recreation |
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Fish/Wildlife Habitat |
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Pollination |
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Nutrient Cycling |
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Waste Assimilation |
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Erosion Control |
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Water Regulation |
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Water Supply |
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 |
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 1995; Siderelis et al. 2000).