Despite broad interest in estimating the economic costs of gun violence borne by victims and the nation, these conversations rarely address the impact of gun violence on the health of local economies. Do surges in gun violence slow business growth and lower home values, homeownership rates, and credit scores in communities? How do increases in gun violence shape local economic health over time? To answer these important questions, we assembled and analyzed newly available business establishment and credit score data, along with gunshot and sociodemographic data by census tract and gun homicide data (when available), for Baton Rouge, Louisiana; Minneapolis, Minnesota; Oakland, California; Rochester, New York; San Francisco, California; and Washington, DC.
Get the report here:
www.urban.org/sites/default/files/publication/90666/eigv_brief_3.pdf