ENABLED INDUSTRIES
In addition to the above , there are other golf-related economic impacts , including :
$ 117.2 Golf Tourism
76,000 Overnight Trips
NGF research indicates that about 76,000 overnight trips were made to Maine in 2023 by visitors seeking to participate in golf , plus an additional 200,000 trips of more than 50 miles made to the State during the year . These visiting golfers are estimated to have contributed $ 117.2 million to the Maine economy ( excluding direct spending at golf facilities – already counted ). These visitors added 852 jobs from induced and indirect activity such as transportation , lodging , meals , and other entertainment .
$ 8.1M Golf-related Residential Construction $ 0.97M Property Tax
The presence of golf courses located within a residential community adds value to real estate in Maine . There was a total of $ 8.1 million in active residential construction of homes inside golf communities in Maine in 2023 . Additionally , golfrelated real estate generated a net gain to local tax jurisdictions from value premiums associated with golf course real estate . NGF estimated the “ golf premium ” driven by frontage on or proximity to golf courses to be $ 71.8 million , with a 2023 property tax impact of $ 970,000 in net gain for local taxing authorities to be used for education and other local initiatives funded by property tax revenue .
Total Direct Economic Contribution of the Golf Sector State of Maine ($ Millions )
* Revenue from golf facility operations including on-course merchandise sold . ** Total retail sales do not include on-course merchandise sold . *** Property tax impact of $ 5.2 million is the net gain for local taxing authorities
Direct Impact 20233 Golf Facility Operations * $ 146.0 Capital Investments $ 18.0 Golf-Related Supplies ** $ 96.8 Tournaments & Associations $ 3.5 Charitable Events $ 4.9 TOTAL CORE INDUSTRIES $ 269.2 Golf Tourism $ 117.2 Golf-Related Residential Construction $ 8.1 Property Tax Impact *** $ 1.0 TOTAL ENABLED INDUSTRIES $ 126.3
$ 395.5M
GOLF ECONOMY TOTAL DIRECT EXPENDITURES
The Contributions of Golf to the State of Maine | 2023 Impact Report 9