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HomeMy WebLinkAbout10-27-2025 - Bob Schulte Socioeconomics_Technical_Report_FINAL (August 2025)Cape Cod Bridges Program Bourne, Massachusetts Appendix 4.5 Socioeconomics Technical Report SUBMITTED TO: Secretary of Energy and Environmental Affairs Executive Office of Energy and Environmental Affairs (EEA) Massachusetts Environmental Policy Act (MEPA) Office 100 Cambridge Street, Suite 900 Boston, MA 02114 PROPONENT: The Massachusetts Department of Transportation Highway Division 10 Park Plaza Boston, MA 02116 Submitted August 2025 i Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Table of Contents 1 Introduction .................................................................................................................................. 1 2 Methods for Effect Evaluation ....................................................................................................... 1 2.1 Regulatory Context ................................................................................................................... 1 2.2 Methodology and Study Area ................................................................................................... 1 3 Existing Conditions ........................................................................................................................ 2 3.1 Population ................................................................................................................................. 2 3.2 Population Projections .............................................................................................................. 4 3.2.1 Median Age ................................................................................................................. 4 Race/Ethnicity .......................................................................................................................... 6 3.2.2 Foreign-Born Residents and Language Ability ............................................................. 7 3.3 Households ............................................................................................................................... 8 3.3.1 Household Projections ................................................................................................ 9 3.3.2 Median Household Income ....................................................................................... 10 3.3.3 Per-Capita Income ..................................................................................................... 11 3.3.4 Families Below Poverty Level .................................................................................... 12 3.4 Housing ................................................................................................................................... 13 3.4.1 Owner- Versus Renter-Occupied Housing Units ........................................................ 14 3.4.2 Median Home Value .................................................................................................. 15 3.4.3 Age of Housing Stock ................................................................................................. 16 3.4.4 Housing Cost-Burdened Households ......................................................................... 16 3.5 Employment and Workforce Characteristics ........................................................................... 18 3.5.1 Educational Attainment............................................................................................. 18 3.5.2 Employment Status ................................................................................................... 19 3.5.3 Class of Worker ......................................................................................................... 20 3.5.4 Method of Commute ................................................................................................. 21 3.5.5 Mean Travel Time to Work ........................................................................................ 22 3.5.6 Number of Vehicles ................................................................................................... 23 3.5.7 Total Employment and Business Characteristics ....................................................... 24 3.5.8 Average Annual Wage ............................................................................................... 24 3.5.9 Establishments .......................................................................................................... 25 3.5.10 Largest Industries by 2-Digit NAICS ........................................................................... 26 3.5.11 Most Jobs Added, 2010-2022, Major Sectors (2-Digit NAICS).................................... 28 3.5.12 Percentage of Total Employment for 3-Digit NAICS Sectors ...................................... 29 3.5.13 Most Jobs Added, 2010-2022 by 3-Digit NAICS ......................................................... 30 3.5.14 Employment Trends in Retail Trade .......................................................................... 31 3.5.15 Employment Trends in Accommodation/Food Services ............................................ 32 3.5.16 Employment Trends in Healthcare ............................................................................ 33 ii Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.17 Room and Meals Tax Revenues ................................................................................. 33 3.5.18 Meal Tax Revenues.................................................................................................... 35 3.6 Commercial Real Estate .......................................................................................................... 36 3.6.1 Office Space ............................................................................................................... 36 3.6.2 Retail Space ............................................................................................................... 38 3.6.3 Industrial Space ......................................................................................................... 40 4 Impacts of the No Build Alternative ............................................................................................. 42 4.1 Cape Cod Bridges Replacement: An Urgent Need (the Report) .............................................. 42 4.2 Methodology (the Report) ...................................................................................................... 43 4.3 Elements of the Report ........................................................................................................... 44 4.3.1 The Cape Cod Bridges Are of Significant Importance to Businesses and Communities ............................................................................................................. 44 4.3.2 The Current State of the Bridges Is Hurting Cape Cod Businesses and Communities ............................................................................................................. 45 4.3.3 The Current State of the Bridges Is Negatively Impacting Residents ......................... 45 4.3.4 The Current State of the Bridges Impacts Emergency Services and Access to Healthcare and Is a Public Health and Public Safety Risk .......................................... 46 4.3.5 Failure to Replace the Bridges Would Be Catastrophic ............................................. 47 4.3.6 Replacing the Bridges Would Have Significant Benefits for Residents and the Economy .................................................................................................................... 48 5 Program Impacts ......................................................................................................................... 49 5.1 Operational Impacts ................................................................................................................ 49 5.1.1 Regional Economic Impacts ....................................................................................... 49 5.1.2 TREDIS Software Background .................................................................................... 51 5.1.3 Development of TREDIS Inputs .................................................................................. 52 5.1.4 Key Valuation Parameters ......................................................................................... 53 5.1.5 Mode Share ............................................................................................................... 53 5.1.6 Visitors Versus Locals ................................................................................................ 53 5.1.7 Vehicle Occupancy .................................................................................................... 54 5.1.8 Vehicle Operating Costs ............................................................................................ 54 5.1.9 Value of Time ............................................................................................................ 56 5.1.10 Value of Freight Logistics Delay ................................................................................. 56 5.1.11 Detailed Results ......................................................................................................... 57 5.1.12 Local Area Economic Impacts .................................................................................... 60 5.1.13 Right-of-Way Analysis ............................................................................................... 64 5.2 Construction Impacts .............................................................................................................. 66 iii Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Figures Figure 3-1. Socioeconomic Study Area ................................................................................................................... 3 Figure 3-2. Percentage of Total Employment for Top Employment Industries by 2-Digit NAICS, 2022 .............. 27 Figure 3-3. Most Jobs Added, 2010-2022, 2-Digit NAICS ..................................................................................... 28 Figure 3-4. Percentage of Total Employment for Top Employment Industries by 3-Digit NAICS, 2022 .............. 29 Figure 3-5. Most Jobs Added, 2010-2022, 3-Digit NAICS ..................................................................................... 30 Figure 3-6. Employment Trends in Retail Trade ................................................................................................... 31 Figure 3-7. Employment Trends in Accommodation/Food Services .................................................................... 32 Figure 3-8. Employment Trends in Healthcare .................................................................................................... 33 Figure 3-9. Room Tax Revenues by Fiscal Year, FY 2013 to FY 2024 .................................................................... 34 Figure 3-10. Meals Tax Revenues by Fiscal Year, FY 2013 to FY 2024 ................................................................... 35 Figure 3-11 Historical Inventory and Occupancy in Square Feet Office Space, 2006-2024 (Barnstable County) ............................................................................................................................................... 36 Figure 3-12. Office Space Inventory and Occupancy Percentage, 2006-2024 (Towns of Bourne and Sandwich and Barnstable County) ..................................................................................................... 37 Figure 3-13. Office Rents, 2006-2024 (Towns of Bourne and Sandwich Compared to Barnstable County Overall) ............................................................................................................................................... 37 Figure 3-14. Historical Inventory and Occupancy in Square Feet Retail Space, 2006-2014 (Barnstable County) ............................................................................................................................................... 38 Figure 3-15 Percentage of Retail Inventory and Occupancy in Square Feet, 2006-2014 (Town of Bourne and Sandwich) .................................................................................................................................... 39 Figure 3-16. Retail Space Rents (Towns of Bourne and Sandwich Compared to Barnstable County) .................. 39 Figure 3-17. Inventory and Occupancy in Square Feet Industrial Space, 2006-2024 (Barnstable County) ........... 40 Figure 3-18. Percentage of Industrial Space Inventory and Occupancy (Towns of Bourne and Sandwich Compared to Barnstable County) ...................................................................................................... 41 Figure 3-19. Triple Net (NNN) Rent for Industrial Space (Barnstable County) ....................................................... 41 Tables Table 3-1. Population, 2010 and 2022 .................................................................................................................. 2 Table 3-2. Population Projections, 2019-2050...................................................................................................... 4 Table 3-3. Median Age, 2010 and 2022 ................................................................................................................ 5 Table 3-4. Change in Age Group, Under 18 and 65 and Older, 2010-2022 .......................................................... 5 Table 3-5. Race and Ethnicity, 2022 ...................................................................................................................... 6 Table 3-6. Residents Identifying as Hispanic (of Any Race), 2010 and 2022 ........................................................ 7 Table 3-7. Foreign-Born Residents and Language Spoken at Home, 2010-2022.................................................. 7 Table 3-8. Number of Households and Household Size, 2010 and 2022 .............................................................. 8 Table 3-9. Number of Households, Projections 2019-2050 .................................................................................. 9 Table 3-10. Median Household Income ................................................................................................................ 10 Table 3-11. Per-Capita Income .............................................................................................................................. 11 Table 3-12. Families Below Poverty Level and Families with Children Below Poverty Level ............................... 12 Table 3-13. Occupied Housing Units ..................................................................................................................... 13 Table 3-14. Owner- Versus Renter-Occupied Housing Units ................................................................................ 14 iv Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Table 3-15. Median Home Value .......................................................................................................................... 15 Table 3-16. Year Structure Built ............................................................................................................................ 16 Table 3-17. Housing Cost-Burdened Households, 2022 ....................................................................................... 17 Table 3-18. Educational Attainment, Residents Aged 25 and Older with Bachelor’s Degree or Higher .............. 18 Table 3-19. Employment Status ............................................................................................................................ 19 Table 3-20. Class of Worker .................................................................................................................................. 20 Table 3-21. Method of Commute, 2022 ............................................................................................................... 21 Table 3-22. Mean Travel Time to Work, 2010 and 2022 ...................................................................................... 22 Table 3-23. Number of Vehicles per Household ................................................................................................... 23 Table 3-24. Employment, 2010 and 2022 ............................................................................................................. 24 Table 3-25. Annual Average Nominal Wages, 2010 and 2022 .............................................................................. 24 Table 3-26. Number of Establishments, 2001, 2014, and 2023 ............................................................................ 25 Table 3-27. Room Tax Revenues, FY 2013 and FY 2024 ........................................................................................ 34 Table 3-28. Meal Tax Revenues, FY 2013 and FY 2024 ......................................................................................... 35 Table 5-1. Economic Impacts: TREDIS Analysis, 2050 ......................................................................................... 50 Table 5-2. State and Local Tax Impacts, 2050 (2022 dollars) .............................................................................. 50 Table 5-3. Social Benefits in 2050 (2022 dollars) ................................................................................................ 51 Table 5-4. Vehicle Operations and Maintenance Costs (2022$) ........................................................................ 55 Table 5-5. Vehicle Fuel Consumption ................................................................................................................. 55 Table 5-6. Fuel Prices .......................................................................................................................................... 55 Table 5-7. Value of Travel-Time Savings and Travel-Time Reliability Savings by Mode and Purpose ................ 56 Table 5-8. Impacts by Major Industry Sector in 2050 (Total Massachusetts) .................................................... 57 Table 5-9. Impacts by Major Industry Sector in 2050 (Rest of Massachusetts) ................................................. 58 Table 5-10. Impacts by Major Industry Sector in 2050 (Total Massachusetts) .................................................... 59 Table 5-11. Increase in Access to Jobs with 3-minute Travel-Time Savings (Sagamore Bridge) .......................... 60 Table 5-12. Increase in Access to Jobs with 3-minute Travel-Time Savings (Bourne Bridge) ............................... 61 Table 5-13. Increase in Access to Jobs with 3-minute Travel-Time Savings (Sagamore Bridge) .......................... 62 Table 5-14. Increase in Access to Consumer Expenditures with 3-minute Travel-Time Savings (Bourne Bridge) ................................................................................................................................................ 64 Table 5-15. Assessed Values Before and After Potential Acquisition ................................................................... 65 Table 5-16. Potential Property Tax Loss Due to Property Acquisition .................................................................. 65 Table 5-17. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Total Impacts (Direct + Indirect/Induced) ............................................................................................................................... 66 Table 5-18. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Distribution of Impacts and Multipliers .......................................................................................................................................... 67 Table 5-19. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Composition of Gross Domestic Product ............................................................................................................................................... 68 Table 5-20. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Tax Accounts ................................................ 68 Table 5-21. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Impacts per Million Dollars of Initial Expenditure (in dollars) ...................................................................................................................... 69 v Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Acronyms and Abbreviations Acronym/Abbreviation Definition MassDOT Massachusetts Department of Transportation NAICS North American Industry Classification System Program Cape Cod Bridges Program VHT vehicle hours traveled VMT vehicle miles traveled 1 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 1 Introduction This technical report provides a socioeconomic profile of the Cape Cod Bridges Program Limits, including the census tracts within the immediate Project Limits; the towns of Bourne, Sandwich, and Plymouth; as well as Barnstable, Dukes, and Nantucket Counties. Potential impacts of the No Build Alternative are discussed in qualitative terms. Regional and local economic impacts of the Build Alternative are assessed quantitatively for the Project Limits and Barnstable, Dukes, and Nantucket Counties. 2 Methods for Effect Evaluation 2.1 Regulatory Context The Massachusetts Department of Transportation (MassDOT) prepared this socioeconomic assessment in accordance with Federal Highway Administration Technical Advisory T6640.8A, Guidance for Preparing and Processing Environmental and Section 4(F) Documents. 2.2 Methodology and Study Area The Massachusetts Department of Transportation (MassDOT) used the data in this analysis from the following sources: • U.S. Census Bureau’s American Community Survey (ACS) historical and most recent 5-year estimates (2018-2022). The ACS offers detailed demographic, economic, and housing data, allowing for a comprehensive look at population trends, income, housing, and employment within the Program Study Area. • Employment and wage data were compiled from the Massachusetts Executive Office of Labor and Workforce Development (2001-2023). • Traffic analyses done by MassDOT were used in the assessment of local and regional economic impacts. • Additional data regarding market conditions, including tax revenues and projections, are sourced to the Massachusetts Department of Revenue, Massachusetts Office of Travel and Tourism, and the Cape Cod Commission. • Population, household, and employment projections are based on estimates from the UMass Donahue Institute. • Data on real estate market conditions and trends are from the CoStar Property Information System. • The assessment of impacts of the Build Alternative compared to No Build Alternative employment within Barnstable, Dukes, and Nantucket Counties in 2050 was accomplished using the TREDIS economic impact assessment model. 2 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report • The assessment of travel-time savings impacts on potential labor force and consumer sales access from the Local Project Area uses data from Claritas Site Reports, and a retail opportunity gap/surplus analysis. The analysis examines data for 10 geographic areas (Figure 3-1): • Census Tracts: 137, 138, and 139 are in the town of Bourne (Local Project Area for the purposes of the socioeconomic analysis) • Towns: Bourne, Plymouth, and Sandwich • Counties: Barnstable, Dukes, and Nantucket • State: Massachusetts 3 Existing Conditions 3.1 Population Table 3-1 presents population changes across each geographic area between 2010 and 2022. Most areas experienced population growth during this period. Dukes County at 27% and Nantucket County at nearly 40% experienced the greatest increases—three and five times more, respectively—than the statewide growth rate of 8%. Population in the town of Sandwich declined while the other areas increased. Table 3 -1 . Population, 2010 and 2022 Geographic Area 2010 2022 Change (2010-2022) Census Tract 137 (Bourne) 4,865 4,285 -11.9% Census Tract 138 (Bourne) 4,968 5,504 10.8% Census Tract 139 (Bourne) 4,497 5,046 12.2% Town of Bourne 19,577 20,455 4.5% Town of Plymouth 55,606 61,628 10.8% Town of Sandwich 20,628 20,419 -1.0% Barnstable County 217,483 229,436 5.5% Dukes County 16,155 20,543 27.2% Nantucket County 10,069 14,065 39.7% Massachusetts 6,477,096 6,984,205 7.8% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP05 3 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Figure 3 -1 . Socioeconomic Study Area Source: Massachusetts Department of Transportation, 2024 4 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.2 Population Projections The town of Plymouth and Dukes County are expected to experience overall population growth, with increases of 14.3% and 14.2%, respectively (Table 3-2), over the full period. Nantucket County indicates moderate growth initially, but by 2050 it is projected to decline by 12.8% from 2040 levels, with the largest population decrease occurring between 2030 and 2050. In contrast, Barnstable County exhibits the steepest overall decline, with a projected 17.4% population decrease by 2050, and a continuous downward trend from 2030 onward. Table 3 -2 . Population Projections, 2019-2050 Geographic Area 2019 2030 2040 2050 Change (2019- 2050) Change (2030- 2050) Change (2040- 2050) Town of Bourne 19,762 18,032 21,352 18,916 -4.3% 4.9% -11.4% Town of Plymouth 61,528 71,487 64,342 70,312 14.3% -1.6% 9.3% Town of Sandwich 20,169 19,387 21,412 19,893 -1.4% 2.6% -7.1% Barnstable County 212,990 216,048 190,000 176,007 -17.4% -18.5% -7.4% Dukes County 17,332 20,923 19,975 19,793 14.2% -5.4% -0.9% Nantucket County 11,399 15,873 14,000 12,212 7.1% -23.1% -12.8% Source: Estimates are from UMass Donahue Institute V2024 Population Projections, May 2024. Data for census tracts are not available. 3.2.1 Median Age Table 3-3 highlights a demographic shift in many of the reference areas. Each of the census tracts, communities, and counties experienced aging in their populations exceeding the statewide average. While Massachusetts experienced only a slight increase in median age from 2010 to 2020, areas like Barnstable County and towns such as Bourne, Sandwich, and Plymouth are experiencing a greater relative aging of the population. Dukes County has also seen a rise in the age of its residents, although not as pronounced as in some of the other areas. Nantucket County, on the other hand, indicates a relatively stable population in terms of age, with only a small increase in median age over the period, about the same as the statewide average. The population of residents under 18 has declined across most areas, with the largest relative loss of people under 18 in Census Tract 138 and the town of Sandwich. In contrast, the population of residents 65 and older has grown in all areas. The general trend suggests an aging of the population exceeding the statewide average increase. Nantucket County is an exception, showing a slight increase in the under-18 population, while Massachusetts saw overall declines in the younger population and modest growth in the older age group (Table 3-4). 5 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Table 3 -3 . Median Age, 2010 and 2022 Geographic Area Median Age (2010) Median Age (2022) Census Tract 137 (Bourne) 36.2 53.8 Census Tract 138 (Bourne) 39.7 49.3 Census Tract 139 (Bourne) 48.5 54.7 Town of Bourne 42.0 52.7 Town of Plymouth 41.2 47.7 Town of Sandwich 42.5 51.9 Barnstable County 48.7 54.5 Dukes County 44.3 49.2 Nantucket County 39.1 40.5 Massachusetts 38.7 39.8 Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP05 Table 3 -4 . Change in Age Group, Under 18 and 65 and Older, 2010-2022 Geographic Area Under 18 Years of Age, Percentage Change (2010-2020) 65 years of Age and Older, Percentage Change (2010-2020) Census Tract 137 (Bourne) -3.6% 11.3% Census Tract 138 (Bourne) -8.3% 8.4% Census Tract 139 (Bourne) 0.1% 18.0% Town of Bourne -3.6% 10.6% Town of Plymouth -5.1% 10.9% Town of Sandwich -9.4% 14.3% Barnstable County -3.4% 7.5% Dukes County -1.6% 9.6% Nantucket County 1.0% 4.6% Massachusetts -2.5% 3.6% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP05 6 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Race/Ethnicity Most regions have a predominantly White population, particularly in areas like the towns of Sandwich and Plymouth, where over 90% of residents identify as White. However, Dukes and Nantucket Counties show more racial diversity, with a larger percentage of residents identifying as Black/African American, Hispanic, or Two or More Races. Massachusetts overall is also more racially and ethnically diverse, with a higher proportion of Black/African American, Asian, and Hispanic residents compared to the smaller local project area census tracts, towns, and counties (Table 3-5). Table 3 -5 . Race and Ethnicity, 2022 Geographic Area White, one Race Black or African American American Indian, Alaska Native Asian Native Hawaiian/ Other Pacific Islander Some Other Race Two or More Races Census Tract 137 (Bourne) 92.4% 0.3% 1.1% 1.5% 0.0% 0.3% 4.5% Census Tract 138 (Bourne) 94.1% 0.9% 0.0% 3.8% 0.0% 0.0% 1.2% Census Tract 139 (Bourne) 90.0% 0.0% 0.0% 1.0% 0.0% 8.0% 1.0% Town of Bourne 90.7% 1.0% 0.3% 2.1% 0.0% 2.2% 3.7% Town of Plymouth 90.4% 1.2% 0.1% 1.1% 0.1% 1.9% 5.1% Town of Sandwich 93.7% 1.2% 0.2% 1.4% 0.0% 0.6% 2.9% Barnstable County 87.9% 2.8% 0.4% 1.5% 0.0% 2.2% 5.2% Dukes County 82.5% 3.1% 0.9% 1.5% 0.0% 3.0% 9.0% Nantucket County 75.0% 11.1% 0.0% 1.8% 0.0% 4.9% 7.1% Massachusetts 72.7% 7.1% 0.2% 7.0% 0.0% 5.0% 8.0% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP05 Hispanic individuals can belong to any of the racial categories mentioned in Table 3-5. In 2022, the proportion of Hispanic residents varied across the geographic areas. Massachusetts had a Hispanic population of 12.6%, with Nantucket County higher at 15.1%. In comparison, Barnstable County (3.5%), Dukes County (3.6%), and Plymouth (3.1%) reported smaller Hispanic populations, though these figures still represent growing Hispanic communities in those regions. Between 2010 and 2022, Nantucket County experienced the most growth in its Hispanic population, with a 9.3 percentage point increase (Table 3-6). 7 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Table 3 -6 . Residents Identifying as Hispanic (of Any Race), 2010 and 2022 Geographic Area Hispanic (of Any Race) 2010 Hispanic (of Any Race) 2022 Change (2010-2022) Census Tract 137 (Bourne) 2.1% 1.9% -0.2% Census Tract 138 (Bourne) 0.5% 3.6% 3.1% Census Tract 139 (Bourne) 0.0% 0.1% 0.1% Town of Bourne 2.0% 2.4% 0.4% Town of Plymouth 1.7% 3.1% 1.4% Town of Sandwich 2.3% 2.1% -0.2% Barnstable County 2.1% 3.5% 1.4% Dukes County 0.6% 3.6% 3.0% Nantucket County 5.8% 15.1% 9.3% Massachusetts 9.0% 12.6% 3.6% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP05 3.2.2 Foreign-Born Residents and Language Ability The percentage of foreign-born residents in Massachusetts is higher than in the study regions, at 17.6%. In comparison, Dukes County (14.7%) and Nantucket County (13.1%) also have notable foreign- born populations but fall below the state average. Between 2010 and 2022, most regions saw an increase in foreign-born populations, with Dukes County experiencing the highest increase (Table 3-7). Table 3 -7 . Foreign-Born Residents and Language Spoken at Home, 2010-2022 Geographic Area Foreign Born (2022) Foreign Born Change (2010-2022) Speak Language Other than English at Home (2022) Speak Language Other than English Change (2010-2022) Census Tract 137 (Bourne) 5.4% 1.0% 7.6% 0.6% Census Tract 138 (Bourne) 7.5% 4.9% 6.5% 4.4% Census Tract 139 (Bourne) 1.1% -1.6% 0.5% -1.8% Town of Bourne 4.6% 1.0% 5.7% 1.4% Town of Plymouth 6.1% 1.3% 7.0% 0.2% Town of Sandwich 4.1% 0.2% 4.8% -0.6% Barnstable County 9.4% 2.7% 10.6% 3.1% 8 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Geographic Area Foreign Born (2022) Foreign Born Change (2010-2022) Speak Language Other than English at Home (2022) Speak Language Other than English Change (2010-2022) Dukes County 14.7% 7.2% 16.9% 9.8% Nantucket County 13.1% -1.7% 15.6% 0.5% Massachusetts 17.6% 3.1% 24.5% 3.5% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP02 In terms of linguistic diversity, Massachusetts reports the highest percentage of residents who speak a language other than English at home (24.5%), followed by Dukes County (16.9%) and Nantucket County (15.6%). Other regions, such as the town of Plymouth and Barnstable County, show lower numbers but are still above areas like the towns of Sandwich and Bourne (Table 3-7). 3.3 Households Household growth trends clearly diverge across geographic areas between 2010 and 2022. The census tracts and towns have experienced growth in the number of households, with some areas seeing increases of over 20%. In contrast, the counties and the Commonwealth of Massachusetts have shown more moderate growth, with only marginal changes in household numbers in certain areas (Table 3-8). Additionally, average household sizes vary notably. Smaller household sizes in areas like Barnstable County and the Islands—Dukes County and Nantucket County—likely reflect demographic factors such as an aging population and single-person households while larger household sizes in towns like Plymouth and Sandwich indicate more family-oriented communities with younger residents. Table 3 -8 . Number of Households and Household Size, 2010 and 2022 Geographic Area Total Households (2010) Total Households (2022) Change (2010-2022) Average Household Size Census Tract 137 (Bourne) 1,587 1,916 20.7% 2.11 Census Tract 138 (Bourne) 1,879 2,217 18.0% 2.64 Census Tract 139 (Bourne) 1,943 2,314 19.1% 2.31 Town of Bourne 7,730 8,715 12.7% 2.34 Town of Plymouth 21,177 25,217 19.1% 2.52 Town of Sandwich 7,635 7,977 4.5% 2.66 Barnstable County 98,164 99,969 1.8% 2.17 Dukes County 5,530 6,899 26.2% 2.92 9 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Geographic Area Total Households (2010) Total Households (2022) Change (2010-2022) Average Household Size Nantucket County 3,623 4,659 28.6% 2.17 Massachusetts 2,512,552 2,740,995 9.1% 2.48 Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP02 3.3.1 Household Projections The household projection data from 2019 to 2050 show variation across the study area. Dukes County and the town of Plymouth are projected to see increases of 38.3% and 29.7%, respectively. Nantucket County is also projected to experience growth initially, but then decline, leading to an overall 28.7% increase by 2050. In contrast, Barnstable County and the town of Bourne are projected to experience declines, with Barnstable County losing 12.7% of households and the town of Bourne decreasing by 4.8%. The town of Sandwich is projected to see growth of 4.4% (Table 3-9). Table 3 -9 . Number of Households, Projections 2019-2050 Geography 2019 2030 2040 2050 Change (2019-2050) Change (2030-2050) Change (2040-2050) Town of Bourne 8,611 8,289 8,960 8,200 -4.8% -1.1% -8.5% Town of Plymouth 23,345 28,869 28,465 30,283 29.7% 4.9% 6.4% Town of Sandwich 7,818 7,991 8,232 8,159 4.4% 2.1% -0.9% Barnstable County 94,323 100,263 86,173 82,313 -12.7% -17.9% -4.5% Dukes County 6,765 9,085 9,170 9,359 38.3% 3.0% 2.1% Nantucket County 3,713 6,026 5,875 4,780 28.7% -20.7% -18.6% Source: Estimates are the latest data from UMass Donahue Institute Population, Household, and Employment Projections 2010-2050, Statewide Model Run 97, July 2023. No projections available at the Census Tract level. 10 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.3.2 Median Household Income Median household incomes vary widely across geographic areas. Nantucket County stands out with the highest median income, followed by the towns of Sandwich and Plymouth. In contrast, Dukes County and Census Tract 139 (in the town of Bourne) have the lowest median income, falling below $80,000, while Massachusetts has a median income of just under $100,000. In terms of nominal median household income changes from 2010 to 2022, Census Tract 137 (in the town of Bourne) and Nantucket County saw the largest percentage increases. Barnstable County and Massachusetts also experienced substantial nominal growth, with increases of around 50%. In comparison, Dukes County and Census Tract 139 (in the town of Bourne) saw the smallest changes, with more modest increases of 24.0% and 21.7%, respectively (Table 3-10). Table 3 -10. Median Household Income Geographic Area Median Household Income (2010$) Median Household Income (2022$) Nominal Change (2010$-2022$) Census Tract 137 (Bourne) $53,274 $88,370 65.9% Census Tract 138 (Bourne) $68,597 $100,152 46.0% Census Tract 139 (Bourne) $70,197 $85,429 21.7% Town of Bourne $61,418 $90,640 47.6% Town of Plymouth $74,767 $107,067 43.2% Town of Sandwich $83,325 $121,038 45.3% Barnstable County $60,317 $90,447 50.0% Dukes County $62,407 $77,392 24.0% Nantucket County $83,347 $135,590 62.7% Massachusetts $64,509 $96,505 49.6% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP03 11 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.3.3 Per-Capita Income Per-capita income patterns mirror those of median household income, with Nantucket County showing the highest levels, while the towns of Sandwich and Plymouth also report comparatively high figures. Dukes County and Barnstable County show lower moderate-income levels compared to these regions. In terms of nominal growth from 2010 to 2022, most areas saw increases, with the towns of Bourne and Plymouth and other regions showing strong gains. Nantucket County, despite having the highest income, experienced the smallest percentage growth, while other areas, such as Dukes County, saw more moderate increases (Table 3-11). Table 3 -11. Per-Capita Income Geographic Area Per-Capita Income (2010$) Per-Capita Income (2022$) Nominal Change (2010$-2022$) Census Tract 137 (Bourne) $26,339 $45,448 72.6% Census Tract 138 (Bourne) $29,700 $51,191 72.4% Census Tract 139 (Bourne) $34,556 $54,509 57.7% Town of Bourne $30,299 $52,301 72.6% Town of Plymouth $33,163 $55,811 68.3% Town of Sandwich $35,372 $59,623 68.6% Barnstable County $35,246 $55,940 58.7% Dukes County $33,390 $51,354 53.8% Nantucket County $53,410 $62,153 16.4% Massachusetts $33,966 $53,513 57.5% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP03 12 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.3.4 Families Below Poverty Level Poverty rates within the study area fall below the statewide average, with Barnstable County being the highest within the region at 4.1%. Families with children experienced higher poverty rates overall, except for Nantucket County and the town of Sandwich. From 2010 to 2022, most areas saw a decline in poverty rates for both families and families with children. The highest reductions were observed in Census Tract 138 (in the town of Bourne) and the town of Bourne for all families, and Census Tract 138 also saw the largest decline for families with children. The town of Sandwich was one of the few places to show a slight increase in poverty rates during this period. Compared to the state, most localities experienced a more pronounced decline in family poverty rates (Table 3-12). Table 3 -12. Families Below Poverty Level and Families with Children Below Poverty Level Geographic Area All Families (2022) All Families Change (2010-2022) Families with Children (2022) Families with Children Change (2010-2022) Census Tract 137 (Bourne) 4.7% -1.2% 8.7% 5.0% Census Tract 138 (Bourne) 1.9% -8.0% 5.0% -9.2% Census Tract 139 (Bourne) 4.2% -6.5% 4.6% -4.9% Town of Bourne 2.9% -4.7% 5.9% -3.3% Town of Plymouth 3.2% -1.7% 6.9% 0.8% Town of Sandwich 3.5% 2.1% 3.4% 1.5% Barnstable County 4.1% -0.9% 7.8% -0.6% Dukes County 2.3% -3.2% 3.0% -1.8% Nantucket County 1.0% -2.6% 0.0% -4.1% Massachusetts 6.5% -1.0% 9.9% -1.6% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP03 13 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.4 Housing Table 3-13 indicates a clear increase in the number of occupied housing units across all regions from 2010 to 2022. Among the towns and counties, the town of Plymouth experienced the largest rise, adding more than 4,000 housing units, followed by Barnstable County with 1,805 additional units. Nantucket and Dukes Counties also saw notable increases in housing occupancy, despite their smaller size. Table 3 -13. Occupied Housing Units Geographic Area Occupied Housing Units (2010) Occupied Housing Units (2022) Absolute Change (2010-2022) Change (2010-2022) Census Tract 137 (Bourne) 1,587 1,916 329 20.7% Census Tract 138 (Bourne) 1,879 2,217 338 18.0% Census Tract 139 (Bourne) 1,943 2,314 371 19.1% Town of Bourne 7,730 8,715 985 12.7% Town of Plymouth 21,177 25,217 4,040 19.1% Town of Sandwich 7,635 7,977 342 4.5% Barnstable County 98,164 99,969 1,805 1.8% Dukes County 5,530 6,899 1,369 24.8% Nantucket County 3,623 4,659 1,036 28.6% Massachusetts 2,512,552 2,740,995 228,443 9.1% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP04 When looking at the percentage change, Nantucket and Dukes Counties stand out with the highest growth rates, at 28.6% and 24.8%, respectively. The town of Plymouth also experienced strong growth, nearing 20%. In contrast, Barnstable County and the town of Sandwich showed much more modest increases. 14 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.4.1 Owner- Versus Renter-Occupied Housing Units Owner-occupied housing dominates in most areas, particularly in the town of Sandwich and Barnstable County, where over 80% of housing units are owner-occupied. Nantucket and Dukes Counties have relatively higher proportions of renter-occupied units, yet most regions show a clear preference for homeownership, particularly when compared to the statewide average (Table 3-14). Table 3 -14. Owner- Versus Renter-Occupied Housing Units Geographic Area Owner-Occupied Housing Units (percentage) Renter-Occupied Housing Units (percentage) Census Tract 137 (Bourne) 73.8% 26.2% Census Tract 138 (Bourne) 79.8% 20.2% Census Tract 139 (Bourne) 81.5% 18.5% Town of Bourne 76.5% 23.5% Town of Plymouth 79.7% 20.3% Town of Sandwich 88.9% 11.1% Barnstable County 81.4% 18.6% Dukes County 76.6% 23.4% Nantucket County 71.1% 28.9% Massachusetts 62.4% 37.6% Source: American Community Survey 5-year estimates 2018-2022, Table DP04 15 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.4.2 Median Home Value Most areas experienced a substantial increase in median home values from 2010 to 2022. Dukes County stands out with the most dramatic rise, where median home values surged by 154.2%, far exceeding other regions. Nantucket County, while already having the highest median home values, saw a moderate increase of 26.6% over the 12 years, reflecting slower growth compared to Dukes County but still maintaining the highest absolute home values. Other areas experienced more modest growth over this period (Table 3-15). Table 3 -15. Median Home Value Geographic Area Median Home Value (2010$) Median Home Value (2022$) Nominal Change (2010$-2022$) Census Tract 137 $306,300 $441,600 44.2% Census Tract 138 $373,800 $488,300 30.6% Census Tract 139 $370,900 $473,900 27.8% Town of Bourne $364,000 $482,600 32.6% Town of Plymouth $354,500 $461,500 30.2% Town of Sandwich $381,200 $482,300 26.5% Barnstable County $392,700 $519,100 32.2% Dukes County $392,700 $998,100 154.2% Nantucket County $1,000,000 $1,265,600 26.6% Massachusetts $352,300 $483,900 37.4% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP04 16 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.4.3 Age of Housing Stock Table 3-16 reveals that Massachusetts has an older housing stock, with 36.3% of homes built in 1949 or earlier. This pattern of older homes is also seen, though to a lesser extent, in areas like Census Tract 137 and Dukes and Nantucket Counties, where a large portion of homes were constructed before 1950. In contrast, areas like Barnstable County and the town of Sandwich have a large share of homes built during the 1970s and 1980s. In terms of recent construction (2010-2022), Plymouth County stands out with 11.7% of homes built during this period. Table 3 -16. Year Structure Built Geographic Area Built (2010-2022) Built (1990-2009) Built (1970-1989) Built (1950-1969) Built (1949 or (Earlier Census Tract 137 (Bourne) 7.5% 22.2% 21.7% 19.7% 29.0% Census Tract 138 (Bourne) 2.0% 32.5% 38.1% 17.5% 9.9% Census Tract 139 (Bourne) 2.9% 21.2% 37.4% 19.7% 18.8% Town of Bourne 3.5% 24.0% 32.9% 19.7% 19.9% Town of Plymouth 11.7% 20.0% 33.7% 15.4% 19.1% Town of Sandwich 2.5% 24.3% 46.9% 15.9% 10.5% Barnstable County 3.4% 18.4% 40.8% 22.7% 14.8% Dukes County 4.7% 25.5% 38.0% 11.8% 20.1% Nantucket County 5.0% 32.6% 31.0% 10.2% 21.0% Massachusetts 5.6% 14.7% 22.2% 21.1% 36.3% Source: American Community Survey 5-year estimates 2018-2022, Table DP04 3.4.4 Housing Cost-Burdened Households The U.S. Department of Housing and Urban Development defines cost-burdened families as those “who pay more than 30 percent of their income for housing.” In general, the percentage of renters burdened by housing costs is higher than that of owners across most areas (Table 3-17). Dukes County and Barnstable County report particularly high-cost burdens for both renters and owners, with Dukes County showing the highest percentage of cost-burdened owners. In contrast, Nantucket County has a notably high percentage of cost-burdened owners, but a lower percentage of burdened renters compared to other regions. In Census Tract 139, almost three-quarters of renters are cost burdened. The prevalence of second homes and seasonal residences in areas like Barnstable, Dukes County, and Nantucket Counties has created distinct economic and social dynamics. In some towns, more than half of the housing stock is used for seasonal purposes, leading to population fluctuations between summer and winter. This high concentration of vacation homes drives up property values and exacerbates 17 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report housing affordability issues for year-round residents, while also straining local infrastructure during peak tourist months. In addition, there has been a decline in the number of seasonal workers, which poses challenges for businesses trying to meet the needs of the increasing summer population. Many towns in these counties have been designated as “seasonal communities” under Massachusetts law. The “seasonal community” designation is a legal and planning term that applies to areas where a large proportion of homes are used seasonally, such as vacation homes. This designation has specific implications for housing policy and community planning, especially in areas like Cape Cod, Martha’s Vineyard (Dukes County), and Nantucket County. Table 3 -17. Housing Cost-Burdened Households, 2022 Geographic Area Renters Burdened (2022) Owners Burdened (2022) Census Tract 137 (Bourne) 54.0% 36.6% Census Tract 138 (Bourne) 48.5% 31.1% Census Tract 139 (Bourne) 73.7% 46.6% Town of Bourne 62.6% 34.8% Town of Plymouth 52.3% 33.5% Town of Sandwich 36.9% 29.5% Barnstable County 58.0% 36.8% Dukes County 57.3% 55.3% Nantucket County 35.7% 54.7% Massachusetts 50.2% 29.8% Source: American Community Survey 5-year estimates 2018-2022, Table DP04 18 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5 Employment and Workforce Characteristics 3.5.1 Educational Attainment Overall, most of the areas show a level of education equal to or greater than the statewide average of bachelor’s degrees or higher. Nantucket County stands out for having the highest proportion of residents holding a bachelor’s degree or higher. All areas experienced an increase in the proportion of residents with bachelor’s degrees from 2010 to 2022, with Nantucket County and the town of Plymouth experiencing the largest increases (Table 3-18), aside from Census Tracts 138 and 139. Table 3 -18. Educational Attainment, Residents Aged 25 and Older with Bachelor’s Degree or Higher Geographic Area Bachelor's degree or higher (2010) Bachelor's degree or higher (2022) Change (2010-2022) Census Tract 137 (Bourne) 28.6% 30.8% 2.2% Census Tract 138 (Bourne) 37.1% 50.8% 13.7% Census Tract 139 (Bourne) 37.0% 51.3% 14.3% Town of Bourne 36.2% 46.2% 10.0% Town of Plymouth 32.6% 44.4% 11.8% Town of Sandwich 47.2% 49.5% 2.3% Barnstable County 40.5% 46.1% 5.6% Dukes County 40.0% 43.2% 3.2% Nantucket County 40.2% 57.4% 17.2% Massachusetts 38.3% 45.9% 7.6% Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP02 19 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.2 Employment Status In 2022, the percentage of the employed workforce showed some variation across the region, with Census Tract 138, Nantucket County, and Dukes County having relatively higher percentages of employed individuals. In contrast, Barnstable County overall and the town of Bourne had lower employment percentages, though they were still comparable to statewide averages. The share of those not in the labor force also varied, with Barnstable County and Census Tract 139 showing a higher proportion compared to other areas. When comparing changes from 2010 to 2022, several geographic areas saw increases in the percentage of the workforce not in the labor force, particularly Nantucket County (Table 3-19). Table 3 -19. Employment Status Geographic Area Employed Unemployed Armed Forces Not in Labor Force Percentage Change Not in Labor Force (2010-2022) Census Tract 137 (Bourne) 61.2% 1.1% 1.0% 36.7% -6.3% Census Tract 138 (Bourne) 71.6% 2.6% 0.3% 25.5% -8.6% Census Tract 139 (Bourne) 56.5% 0.8% 0.0% 42.7% 3.9% Town of Bourne 59.8% 1.3% 1.4% 37.5% 0.0% Town of Plymouth 60.7% 3.8% 0.1% 35.4% 3.1% Town of Sandwich 63.4% 2.1% 0.3% 34.2% 4.6% Barnstable County 56.8% 2.7% 0.3% 40.3% 1.0% Dukes County 60.3% 4.6% 0.1% 35.1% 2.1% Nantucket County 66.4% 3.9% 0.0% 29.6% 5.9% Massachusetts 63.5% 3.6% 0.1% 32.9% 0.6% Source: American Community Survey 5-year estimates 2018-2022, Table DP03 20 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.3 Class of Worker Of those who were employed, most worked in the private sector, although the percentage employed for all areas was below the statewide average, except from Census Tract 139. Dukes County and Nantucket County exhibited relatively high rates of self-employment, with most other areas also showing self-employment levels exceeding the state average (Table 3-20). Table 3 -20. Class of Worker Geographic Area Private Wage and Salary Workers Government Workers Self-Employed Unpaid Family Workers Census Tract 137 (Bourne) 75.2% 16.9% 6.7% 1.2% Census Tract 138 (Bourne) 78.4% 10.6% 11.0% 0.0% Census Tract 139 (Bourne) 87.6% 10.9% 1.5% 0.0% Town of Bourne 78.8% 12.7% 8.3% 0.3% Town of Plymouth 77.1% 13.7% 9.0% 0.2% Town of Sandwich 76.5% 16.7% 6.7% 0.1% Barnstable County 78.3% 12.7% 8.8% 0.3% Dukes County 70.8% 10.7% 18.0% 0.5% Nantucket County 69.5% 13.8% 16.4% 0.3% Massachusetts 81.8% 12.5% 5.6% 0.2% Source: American Community Survey 5-year estimates 2018-2022, Table DP03 21 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.4 Method of Commute The study region’s geographic areas show a reliance on driving alone to work greater than the statewide average. Public transportation use is quite low compared to Massachusetts overall. Walking is also uncommon in many areas, though it is more prevalent in Nantucket County, where over 7% of people walk to work. Notably, the percentage of people working from home has increased across all areas between 2010 and 2022 (Table 3-21). Table 3 -21. Method of Commute, 2022 Geographic Area Car, truck, or van -- drove alone Car, truck, or van -- carpooled Public Trans. Walked Other means Worked from home Worked from Home Change (2010- 2022) Census Tract 137 (Bourne) 73.4% 5.1% 1.4% 3.1% 1.5% 15.5% 12.5% Census Tract 138 (Bourne) 81.0% 5.8% 0.3% 0.7% 1.4% 10.7% 9.6% Census Tract 139 (Bourne) 88.6% 7.9% 0.0% 0.0% 0.0% 3.6% 2.7% Town of Bourne 79.0% 7.0% 0.6% 1.0% 1.3% 11.1% 8.2% Town of Plymouth 71.1% 8.7% 1.8% 2.1% 1.8% 14.4% 9.1% Town of Sandwich 76.8% 7.0% 1.1% 0.4% 2.8% 11.9% 5.2% Barnstable County 74.7% 7.1% 1.2% 2.1% 1.8% 13.1% 7.5% Dukes County 66.2% 7.5% 1.5% 3.3% 1.9% 19.6% 10.8% Nantucket County 69.7% 8.9% 1.4% 7.1% 2.6% 10.3% 0.7% Massachusetts 64.2% 7.0% 7.6% 4.3% 2.3% 14.6% 10.6% Source: American Community Survey 5-year estimates 2018-2022, Table DP03 22 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.5 Mean Travel Time to Work Table 3-22 highlights differences in average travel times to work across the geographic areas. Overall, commute times reflect labor market areas, which are, as expected given their geographic isolation, fewer in Barnstable, Dukes, and Nantucket Counties. Average commute times declined slightly between 2010 and 2022 except for workers in the town of Plymouth and in Census Tract 138. Table 3 -22. Mean Travel Time to Work, 2010 and 2022 Geographic Area Mean Travel Time to Work (minutes) (2010) Mean Travel Time to Work (minutes) (2022) Change (2010-2022) Census Tract 137 (Bourne) 29.7 31.1 -1.40 Census Tract 138 (Bourne) 29.2 25.7 3.50 Census Tract 139 (Bourne) 29.7 31.4 -1.70 Town of Bourne 27.3 28.4 -1.10 Town of Plymouth 33.7 30.9 2.80 Town of Sandwich 27.6 28.2 -0.60 Barnstable County 23.9 25.0 -1.10 Dukes County 16.0 15.7 -0.30 Nantucket County 10.3 13.7 -3.40 Massachusetts 27.3 29.4 -2.10 Source: American Community Survey 5-year estimates 2006-2010 and 2018-2022, Table DP03 23 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.6 Number of Vehicles Table 3-23 illustrates the distribution of vehicle availability among households across the study areas. In most areas, the majority of households have access to either one or two vehicles. In contrast, Massachusetts has a higher percentage of households without vehicles. Table 3 -23. Number of Vehicles per Household Geographic Area Zero Vehicles Available One Vehicle Available Two Vehicles Available Three or More Vehicles Available Census Tract 137 (Bourne) 6.7% 41.5% 32.1% 19.7% Census Tract 138 (Bourne) 1.5% 29.0% 42.8% 26.8% Census Tract 139 (Bourne) 2.5% 35.6% 50.2% 11.8% Town of Bourne 4.4% 33.3% 42.9% 19.4% Town of Plymouth 4.7% 30.4% 46.8% 18.1% Town of Sandwich 2.0% 26.9% 42.5% 28.6% Barnstable County 5.0% 33.3% 41.2% 20.5% Dukes County 3.9% 32.0% 37.3% 26.8% Nantucket County 4.0% 27.1% 44.7% 24.2% Massachusetts 11.9% 35.5% 35.9% 16.7% Source: American Community Survey 5-year estimates 2018-2022, Table DP04 24 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.7 Total Employment and Business Characteristics From 2010 to 2022, employment increased across all listed areas, with Nantucket County experiencing the highest percentage growth at 39.6% (2,259 jobs). Other notable increases include the town of Sandwich (16.9%) and Dukes County (16.1%). The town of Plymouth saw the largest absolute growth among the towns, adding 3,297 jobs (14.5%), while Barnstable County added 6,076 jobs (6.9%). Massachusetts as a whole experienced a 14.1% increase in employment, with 444,943 new jobs (Table 3-24). Table 3 -24. Employment, 2010 and 2022 Geographic Area 2010 2022 Absolute Change (2010-2022) Percentage Change (2010-2022) Town of Bourne 7,273 8,101 828 11.4% Town of Plymouth 22,779 26,076 3,297 14.5% Town of Sandwich 5,291 6,185 894 16.9% Barnstable County 88,699 94,775 6,076 6.9% Dukes County 7,735 8,981 1,246 16.1% Nantucket County 5,704 7,963 2,259 39.6% Massachusetts 3,151,206 3,596,149 444,943 14.1% Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data for census tracts are not available. ES202 measures employment in the geographic areas regardless of where a person resides. 3.5.8 Average Annual Wage While most areas fall below the state’s wage level, particularly the towns of Plymouth and Sandwich, the gap has narrowed. The state’s 2022 average wage still stands higher than all of the Study Areas. In terms of nominal wage growth, all regions have experienced increases from 2010 to 2022, with Dukes County showing the most increase, more than doubling its average wage over this period. Similarly, the town of Bourne, and Barnstable and Nantucket Counties have also posted gains, with nominal growth rates close to or exceeding 100% (Table 3-25). Table 3 -25. Annual Average Nominal Wages, 2010 and 2022 Geographic Area Average Wage (2010$) Average Wage (2022$) Percentage Change (2010-2022) Town of Bourne $41,080 $63,648 54.9% Town of Plymouth $43,056 $58,708 36.4% Town of Sandwich $38,844 $54,028 39.1% Barnstable County $39,156 $57,980 48.1% 25 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Geographic Area Average Wage (2010$) Average Wage (2022$) Percentage Change (2010-2022) Dukes County $41,912 $66,716 59.2% Nantucket County $45,552 $75,296 65.3% Massachusetts $57,824 $89,804 55.3% Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data are not inflation adjusted. Data for census tracts not available. 3.5.9 Establishments Overall, the entire Cape and Islands region is experiencing increases in the number of business establishments compared to statewide trends, particularly over the last decade. Nantucket County and the town of Plymouth had the largest increases from 2001 to 2023, while Dukes County experienced the largest recent growth, with the number of business establishments rising 26.0% between 2014 and 2023 (Table 3-26). Table 3 -26. Number of Establishments, 2001, 2014, and 2023 Geographic Area 2001 2014 2023 Establishments Added (2001-2023) Change (2001-2023) Change (2014-2023) Town of Bourne 654 725 797 143 21.9% 9.9% Town of Plymouth 1,277 1,704 2,060 783 61.3% 20.9% Town of Sandwich 523 628 736 213 40.7% 17.2% Barnstable County 8,554 9,191 10,057 1,503 17.6% 9.4% Dukes County 1,093 1,201 1,513 420 38.4% 26.0% Nantucket County 821 1,064 1,326 505 61.5% 24.6% Massachusetts 193,547 234,695 291,125 97,578 50.4% 24.0% Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data for census tracts not available. 26 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.10 Largest Industries by 2-Digit NAICS The North American Industry Classification System (NAICS)1 is a standardized system used by the U.S., Canada, and Mexico to categorize businesses based on the type of work they do. Each industry is assigned a six-digit code that helps organize businesses into broad sectors (like Manufacturing or Retail) and then into more specific categories (such as Food Production or Electronics Stores). This system makes it easier for governments, researchers, and businesses to collect and analyze economic data, track trends like employment and growth, and compare industries across North America. Updated every five years, NAICS ensures it reflects changes in the economy, such as new technologies and emerging industries. Figure 3-2 describes the percentage distribution of total employment for each area, highlighting the leading industry sectors according to their 2-digit NAICS codes. These sectors are shown based on their relative contribution to overall employment in each geographic area.2 Employment patterns in Barnstable, Dukes, and Nantucket Counties reveal a reliance on tourism- related industries—particularly accommodation, food services, and retail—compared to Massachusetts overall. Nantucket County includes relatively large employment in construction as well as tourism, reflecting its ongoing development and seasonal demand. In contrast, Barnstable County’s employment distribution is more balanced, with health care and retail also playing measurable roles. Dukes County follows a similar trend, relying heavily on tourism but with a slightly more diverse employment base. 1 The North American Industry Classification System (NAICS) is a standardized system used by the U.S., Canada, and Mexico to classify businesses and industries for the purpose of collecting, analyzing, and publishing statistical data related to the economy. 2 The top industries were identified based on employment for Barnstable County, Dukes County, and Nantucket County combined. 27 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Figure 3 -2 . Percentage of Total Employment for Top Employment Industries by 2 -Digit NAICS, 2022 Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data for census tracts not available. 9% 23% 18% 16% 12% 8% 18% 13% 14% 17% 16% 14% 21% 8% 14% 15% 10% 16% 15% 15% 9% 8% 7% 8% 8% 10% 17% 5% 11% 7% 14% 8% 8% 0% 10% 8% 6% 5% 6% 7% 4% 4% 0%10%20%30%40%50%60%70%80% Bourne Plymouth Sandwich Barnstable County Dukes County Nantucket County Massachusetts Health Care and Social Assistance Accommodation and Food Services Retail Trade Construction Educational Services Public Administration 28 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.11 Most Jobs Added, 2010-2022 , Major Sectors (2-Digit NAICS) Figure 3-3 describes the number of jobs added between 2010 and 2022 by sector for the Cape and Islands (Barnstable County, Dukes County, Nantucket County), and the town of Plymouth combined. The largest increase in jobs is in the Construction (4,649 jobs) sector, which is not surprising given the ongoing development and demand for housing and infrastructure in these areas. Growth in the Accommodation and Food Services (2,081 jobs) and Arts, Entertainment, and Recreation (1,001 jobs) sectors reflects the strong tourism-driven economies in most of these geographic areas. Expansion of jobs in the Educational Services (2,214 jobs) and Health Care and Social Assistance (680 jobs) sectors, a major growth sector in the state, indicates support for year-round as well as seasonal residents. Figure 3 -3 . Most Jobs Added, 2010-2022 , 2-Digit NAICS 4,649 2,214 2,081 1,863 1,001 986 680 486 486 443 Construction Educational Services Accommodation and Food Services Administrative and Waste Services Arts, Entertainment, and Recreation Professional and Technical Services Health Care and Social Assistance Retail Trade Manufacturing Transportation and Warehousing Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data for census tracts not available. 29 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.12 Percentage of Total Employment for 3-Digit NAICS Sectors Figure 3-4 describes the percentage distribution of total employment for each area, highlighting the leading industry sectors according to their 3-digit NAICS codes. These sectors are shown based on their relative contribution to overall employment in each geographic area.3 The data show the Food Services and Drinking Places (mostly restaurants) sector to be the largest employers in each geographic area. Figure 3 -4 . Percentage of Total Employment for Top Employment Industries by 3 -Digit NAICS, 2022 Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data for census tracts not available. 3 The top industries were identified based on employment for Barnstable County, Dukes County, and Nantucket County combined. 4% 5% 5% 5% 6% 10% 3% 11% 7% 14% 8% 8% 10% 12% 12% 15% 13% 11% 17% 7% 4% 3% 5% 4% 5% 11% 5% 2% 1% 2% 2% 4% 4% 1% 0%10%20%30%40%50% Bourne Plymouth Sandwich Barnstable County Dukes County Nantucket Massachusetts Specialty trade contractors Educational Services Food services and drinking places Administrative and support services Construction of buildings 30 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.13 Most Jobs Added, 2010-2022 by 3-Digit NAICS Figure 3-5 describes the number of jobs added between 2010 and 2022 by 3-digit NAICS sector for the Cape and Islands (Barnstable County, Dukes County, Nantucket County), and the town of Plymouth combined. The largest increase in jobs is in the Specialty Trade Contractor sector, which added 3,272 workers. Educational Services is another substantial sector, which added 2,214 workers, followed by Food Services and Drinking Places with 1,885 workers, reflecting labor requirements in the hospitality and service industries. Figure 3 -5 . Most Jobs Added, 2010-2022 , 3-Digit NAICS 3,272 2,214 1,885 1,669 1,183 986 716 451 441 357 317 234 197 Specialty trade contractors Educational Services Food services and drinking places Administrative and support services Construction of buildings Professional and Technical Services Amusements, gambling, and recreation Social assistance Food and beverage stores Ambulatory health care services Building material/garden supply stores Hospitals Accommodation Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data for census tracts not available. 31 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.14 Employment Trends in Retail Trade From 2001 to 2023, retail employment in Barnstable, Dukes, and Nantucket Counties fluctuated, notably during the 2007–2009 recession and the 2020 COVID-19 pandemic. Barnstable County reached a peak of 17,210 retail jobs in 2004, declining to 13,762 jobs by 2020—a 20.0% drop from its peak. Dukes County’s retail employment was stable until 2020, when it fell 16.4% from a 2017 high of 1,489 to 1,197 jobs. Nantucket County’s retail jobs decreased from 1,115 in 2005 to 831 in 2010, with a similar drop in 2020, reaching 911 jobs—a 20.1% decrease from its peak. Barnstable County began a recovery in retail employment from 2021 to 2023, while Dukes and Nantucket Counties leveled out (Figure 3-6). Figure 3 -6 . Employment Trends in Retail Trade Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data for census tracts not available. 80 90 100 110 120 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023Index = 100 Year Barnstable County Dukes County Nantucket County 32 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.15 Employment Trends in Accommodation/Food Services From 2001 to 2023, employment in the Accommodations and Food Services sector in Barnstable, Dukes, and Nantucket Counties saw notable fluctuations, particularly due to the 2020 COVID-19 pandemic. In Barnstable County, employment grew steadily from 14,317 in 2001 to a peak of 16,445 in 2017 but then dropped sharply to 11,765 in 2020—a 28.4% decline from 2019. Recovery efforts brought employment back up to pre-pandemic level—15,759 by 2023. Dukes County’s employment rose consistently until 2019, reaching 1,445 jobs before falling 36.5% to 906 in 2020. By 2023, employment had rebounded to 1,391, nearing pre-pandemic levels. Similarly, Nantucket County’s employment grew from 1,324 in 2001 to 1,618 in 2019, then dropped 37.6% to 1,010 in 2020. By 2023, employment had not only recovered but slightly surpassed pre- pandemic levels, reaching 1,630 (Figure 3-7). The spike shown in 2021 is a consequence of stimulus payments to households and businesses. Figure 3 -7 . Employment Trends in Accommodation/Food Services Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data for census tracts not available. 60 80 100 120 140 160 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023Index = 100 Year Barnstable County Dukes County Nantucket County 33 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.16 Employment Trends in Healthcare From 2001 to 2023, healthcare employment in Dukes County grew steadily, despite COVID-19 pandemic-related impacts in 2020. In Barnstable County, which has seen more variability, employment increased from 10,843 in 2001 to a peak of 14,386 in 2018, then declined 12% to 12,731 in 2020. Recovery has been slow, with employment reaching 12,431 in 2023. Dukes County saw growth from 160 jobs in 2001 to a high of 355 in 2023, despite a dip to 252 jobs in 2014 and a minor decline in 2020. Overall, the healthcare sector has shown resilience, although the pace of recovery since 2020 differs across these regions (Figure 3-8). Figure 3 -8 . Employment Trends in Healthcare Source: Massachusetts Executive Office of Labor and Workforce Development, ES202 dataset. Data for census tracts not available. 3.5.17 Room and Meals Tax Revenues Room taxes and meals taxes represent revenue generated from taxes on hotel, motel, and short-term rental accommodations (room taxes) and taxes on restaurant meals and beverages (meals taxes). These taxes provide insight into the level of tourism and hospitality activity, as they reflect the volume of visitors staying in paid accommodations and dining at establishments. In Fiscal Year (FY) 2024, Barnstable County led the way in rooms tax collections, bringing in $38.3 million. Nantucket and Dukes Counties followed, with collections of $13.7 million and $9.3 million, respectively. Among towns, Plymouth collected the most, with just over $3.1 million, while Sandwich and Bourne brought in $1 million and nearly $1 million each (Table 3-27 and Figure 3-9). 60 80 100 120 140 160 180 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023Index = 100 Year Barnstable County Dukes County Nantucket County 34 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Table 3 -27. Room Tax Revenues, FY 2013 and FY 2024 Geographic Area FY 2013 FY 2024 Change (2013-2024) Town of Bourne $79,198 $983,819 1,142% Town of Plymouth $1,100,264 $3,101,984 182% Town of Sandwich $206,651 $1,002,734 385% Barnstable County $8,499,649 $38,279,898 350% Dukes County $1,525,328 $9,309,458 510% Nantucket County $2,346,122 $13,678,172 483% Massachusetts $154,787,140 $358,837,702 132% Source: Massachusetts Office of Travel and Tourism from Massachusetts Department of Revenue Data FY = Fiscal Year Figure 3 -9 . Room Tax Revenues by Fiscal Year, FY 2013 to FY 2024 Source: Massachusetts Office of Travel and Tourism from Massachusetts Department of Revenue Data The percentage change from FY 2013 to FY 2024 indicates growth across all areas. The town of Bourne saw the largest increase, with a remarkable 1,142% growth, an average annual growth rate of over 100%. Dukes and Nantucket Counties also experienced substantial increases, with 510% and 483% growth, respectively. Barnstable County saw its collections grow by 350%, while the towns of Sandwich and Plymouth recorded increases of 385% and 182%, respectively. This growth highlights a sharp rise in tourism and lodging activity in these regions over the period. $0 $10 $20 $30 $40 $50 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24MillionsBarnstable County Dukes County Nantucket County Town of Bourne Town of Plymouth Town of Sandwich 35 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.5.18 Meal Tax Revenues In FY 2024, Barnstable County collected the highest amount of meals tax revenue, totaling $8.3 million. Nantucket County followed with $1.7 million, and Dukes County collected $758,677. Among the towns, Plymouth generated the most revenue with $2.16 million, while Sandwich and Bourne collected $586,786 and $619,052, respectively. The percentage change from FY 2013 to FY 2024 indicates notable growth across all areas. Dukes County experienced the largest increase, with a 224% rise, while the town of Sandwich saw 140% growth (Table 3-28 and Figure 3-10). Table 3 -28. Meal Tax Revenues, FY 2013 and FY 2024 Geographic Area FY 2013 FY 2024 Change (2013-2024) Town of Bourne 303,340 619,052 104% Town of Plymouth 973,426 2,158,419 122% Town of Sandwich 244,506 586,786 140% Barnstable County 3,588,128 8,281,969 131% Dukes County 234,152 758,677 224% Nantucket County 783,557 1,657,018 111% Massachusetts 89,257,234 186,410,402 109% Source: Massachusetts Office of Travel and Tourism from Massachusetts Department of Revenue Data FY = Fiscal Year Figure 3 -10. Meals Tax Revenues by Fiscal Year, FY 2013 to FY 2024 Source: Massachusetts Office of Travel and Tourism from Massachusetts Department of Revenue Data $0 $1 $2 $3 $4 $5 $6 $7 $8 $9 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24MillionsBarnstable County Dukes County Nantucket County Town of Bourne Town of Plymouth Town of Sandwich 36 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 3.6 Commercial Real Estate This section examines conditions and trends in the supply of commercial real estate on Cape Cod (Barnstable County), including office, retail, and industrial space. The towns of Bourne and Sandwich are shown for the relative contribution of these communities nearest the bridges. The source of the data used in this analysis is the subscription service CoStar Property Information Systems, the most widely used industry source of information on commercial real estate. 3.6.1 Office Space Figure 3-11 indicates trends in the inventory and occupancy of office space in Barnstable County. Figure 3 -11 Historical Inventory and Occupancy in Square Feet Office Space, 2006-2024 (Barnstable County) Source: Massachusetts Department of Transportation, 2024 The supply of office space in Barnstable County totaled approximately 5,900,000 square feet in 2024, an increase of 370,000 square feet, or 7%, since 2006. The average annual historical increase of 20,000 square feet per year is somewhat higher than a trend-line projected growth of 17,000 square feet per year. Occupied square feet increased by 267,000 square feet, or 5%, over the same period, and about 15,000 square feet per year. As with projected inventory growth, occupancy is also projected to grow less—by 10,500 square feet per year—based on a least-square linear extrapolation of historical trends. Vacancy rates have average about 4% since 2006 with only minor variations in a given year. Figure 3-12 compares the relative shares of office inventory and occupancy held in the towns of Bourne and Sandwich. These have remained consistent over the historical period with minor fall offs from the historical average of relative occupancy of office space in 2013 and 2024. 5,100,000 5,200,000 5,300,000 5,400,000 5,500,000 5,600,000 5,700,000 5,800,000 5,900,000 6,000,000 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024Square Feet (SF)Inventory SF Occupancy SF 37 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Figure 3 -12. Office Space Inventory and Occupancy Percentage, 2006-2024 (Towns of Bourne and Sandwich and Barnstable County) Source: Massachusetts Department of Transportation, 2024 Figure 3-13 compares office space rents (per square foot per month) in the towns of Bourne and Sandwich to Barnstable County overall. As the data show, there have been only minor increases in the lease rates for office space since 2006. Figure 3 -13. Office Rents, 2006-2024 (Towns of Bourne and Sandwich Compared to Barnstable County Overall) Source: Massachusetts Department of Transportation, 2024 6.0% 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 Bourne & Sandwich % Barnstable County Inventory Bourne & Sandwich % Barnstable County Occupancy $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 Bourne & Sandwich Office Base Rent Barnstable County Office Base Rent 38 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report The overall picture that emerges from these data is that the market for office space on Cape Cod has grown negligibly over the past 18 years—in terms of supply, occupancy, and rents. Continuation of long-term and recent historical trends suggests only very modest new demand or development of office space in the foreseeable future. 3.6.2 Retail Space Figure 3-14 indicates trends in the inventory and occupancy of retail space in Barnstable County. Figure 3 -14. Historical Inventory and Occupancy in Square Feet Retail Space, 2006-2014 (Barnstable County) Source: Massachusetts Department of Transportation, 2024 The supply of retail space in Barnstable County totaled approximately 16,000,000 square feet in 2024, an increase of 257,000 square feet, or 2%, since 2006. The average annual historical increase of 14,000 square feet per year is slightly lower than a trend-line projected growth of 16,000 square feet per year. Occupied square feet increased by 125,000 square feet, or 1%, over the same period, and about 7,000 square feet per year. As with projected inventory growth, occupancy is also projected to grow slightly more—by 14,000 square feet per year—based on a least-square linear extrapolation of historical trends. Vacancy rates have averaged about 2.6% since 2006, with a slight downturn in recent years (currently 2.0%). Figure 3-15 compares the relative shares of retail space inventory and occupancy held in the towns of Bourne and Sandwich. These have remained consistent over the historical period and are a lower relative share of the Barnstable County totals of retail (average 5.5%) compared to office space (7.4%). 14,800,000 15,000,000 15,200,000 15,400,000 15,600,000 15,800,000 16,000,000 16,200,000 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024Square Feet (SF)Inventory SF Occupancy SF 39 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Figure 3 -15 Percentage of Retail Inventory and Occupancy in Square Feet, 2006-2014 (Town of Bourne and Sandwich) Source: Massachusetts Department of Transportation, 2024 Figure 3-16 compares office space rents (per square foot per month) in the towns of Bourne and Sandwich to Barnstable County overall. As the data show, there has been almost no increase in the average lease rates for retail space since 2006 in either of the towns closest to the bridges or the county overall. NNN, or “triple net,” is rent net of taxes, insurance, and operating expenses. Figure 3 -16. Retail Space Rents (Towns of Bourne and Sandwich Compared to Barnstable County) Source: Massachusetts Department of Transportation, 2024 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 Bourne & Sandwich % Barnstable County Inventory Bourne & Sandwich % Barnstable County Occupancy 0.00 5.00 10.00 15.00 20.00 25.00 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 Bourne & Sandwich NNN Rent Barnstable County NNN Rent 40 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report The picture that emerges from these data for retail space is that growth has been almost flat since 2006, in terms of supply, occupancy, and rents. Continuation of long-term and recent historical trends suggests negligible new demand or development of retail space in the foreseeable future. 3.6.3 Industrial Space Figure 3-17 indicates trends in the inventory and occupancy of industrial space in Barnstable County. Figure 3 -17. Inventory and Occupancy in Square Feet Industrial Space, 2006-2024 (Barnstable County) Source: Massachusetts Department of Transportation, 2024 The supply of industrial space in Barnstable County totaled nearly 5,000,000 square feet in 2024, an increase of 464,000 square feet, or 10%, since 2006. The average annual historical increase of 26,000 square feet per year is similar to a trend-line projected growth of 26,500 square feet per year. Occupied square feet increased by 465,000 square feet, or 11%, over the same period, and about 26,000 square feet per year. Occupancy is projected to grow by 37,000 square feet per year—based on a least-square linear extrapolation of historical trends. Vacancy rates have averaged about 2.7% since 2006, declining in recent years to a current 1.7% vacancy rate. Figure 3-18 compares the relative shares of industrial space inventory and occupancy held in the towns of Bourne and Sandwich. The supply proportion has remained consistent over the historical period while occupancy shares have declined slightly in recent years. The two towns’ relative share of the Barnstable County totals of industrial space (average 9.1%) are higher than retail (average 5.5%) and office space (average 7.4%). 4000000 4100000 4200000 4300000 4400000 4500000 4600000 4700000 4800000 4900000 5000000 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024Square Feet (SF)Inventory SF Occupancy SF 41 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Figure 3 -18. Percentage of Industrial Space Inventory and Occupancy (Towns of Bourne and Sandwich Compared to Barnstable County) Source: Massachusetts Department of Transportation, 2024 Figure 3-19 presents historical lease rates for industrial space in Barnstable County (data are insufficient for comparisons to rents in Bourne and Sandwich). NNN, or “triple net,” is rent net of taxes, insurance, and operating expenses. Average rents for industrial space have increased by nearly 60% over the past 5 years, far more than those for office or retail space. Figure 3 -19. Triple Net (NNN) Rent for Industrial Space (Barnstable County) Source: Massachusetts Department of Transportation, 2024 7.8% 8.0% 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 Bourne & Sandwich % of Barnstable County Inventory Bourne & Sandwich % of Barnstable County Occupancy 0 2 4 6 8 10 12 14 16 18 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 42 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report The overall picture for industrial space in Barnstable County is more favorable for potential new development than for either office or retail space. Rents are increasing and are as high as they are for office or retail space where buildings are costlier and assessments typically higher. Demand for industrial space on Cape Cod parallels that for industrial space nationally, which is mostly wholesale and distribution space supporting e-commerce as well as brick and mortar retail. 4 Impacts of the No Build Alternative A survey of local officials intended to elicit their views on the need for replacement of Sagamore Bridge and Bourne Bridge describes the overwhelmingly negative impacts the current bridge conditions already have on the quality of life on Cape Cod, Martha’s Vineyard, and Nantucket. The report on the survey was prepared by Senator Elizabeth Warren, Senator Ed Markey, and Representative Bill Keating, together representing the Congressional Delegation for Cape Cod, Martha’s Vineyard, and Nantucket.4 The officials’ responses centered on the detrimental impacts of the current bridges’ limitations on their communities’ and constituents’ economic and social lives. When imagining these conditions made even worse by more frequent lane closures, and possibly bridge closures, these officials struggled to describe them in sufficiently dire terms. Conversely, replacing the structures was viewed as having entirely positive impacts on the Cape and Islands. 4.1 Cape Cod Bridges Replacement: An Urgent Need (the Report) Senator Warren, Senator Markey, and Representative Keating prepared the subject report (dated October 2023). The Congressional delegation for this region of Massachusetts has been working to secure funding for bridge replacement for several years, most recently by supporting the Infrastructure Investment and Jobs Act, which contains $17 billion in new funding for the U.S. Army Corps of Engineers, with $9 billion in formula funding for Massachusetts.5 Now their advocacy centers on the U.S. Department of Transportation and other federal agencies to fund the bridges project from this source. The report’s direct quoting from respondents’ replies is particularly useful for respondents’ insights into how closely the bridges are linked to the economic life and health of Cape Cod. 4 Senators Elizabeth Warren and Ed Markey and Representative Bill Keating, Cape Cod Bridges Replacement: An Urgent Need, October 2023. 5 Cape Cod Bridges Replacement: An Urgent Need, October 2023, p. 4 43 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 4.2 Methodology (the Report) The Senators and Representative sent 36 “letters of inquiry” to stakeholders on July 21, 2023, including state elected officials, local elected officials, Tribal leaders, and community organizations. The letters asked respondents about the following: • Impacts on communities of the state of disrepair of the bridges to date—including economic impacts to tourism, local workers, businesses, families, and community members—and impacts to supply chains and the availability and accessibility of goods. • The potential future impacts if the bridges continue to deteriorate. • The benefits of replacing the bridges, including the job creation and economic benefits of the bridges replacement project. Of the 36 letters sent, the following entities responded: • Cape Cod Region Chamber of Commerce • Cape Cod Chamber of Commerce • Town of Bourne • Town of Oak Bluffs • Town of Provincetown • Town of Sandwich • Association to Preserve Cape Cod • Cape Cod Commission • State Senator Julian Cyr • State Senator Susan Moran • Barnstable County Board of Regional Commissioners Clearly, for those who replied, the replacement of the bridges is of paramount importance to their constituents and members. The commonality of congestion-related issues, across towns and across agencies and institutions, strongly supports the fundamental arguments that underpin the report. 44 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 4.3 Elements of the Report Elements of the report that concern the qualitative impacts of the No Build Alternative are grouped here using the following numbered “Findings” headings (bold and italicized) in the report. 4.3.1 The Cape Cod Bridges Are o f Significant Importance t o Businesses a nd Communities 6 The Cape Cod Commission reported that about 31,000 jobs off Cape Cod were filled by workers residing on Cape Cod; 21,000 jobs on Cape Cod (50% of the workforce serving Cape Cod) are filled by workers living off Cape Cod (U.S. Census 2020). This means around 50,000 workers depend on Sagamore and Bourne Bridges for their daily commutes. State Senator Moran’s letter notes that the bridges are “the sole access points for the more than 35 million vehicles that cross the Canal each year and for the 260,000 residents” of the Cape and Islands. The Cape Cod Commission estimates that, in 2021, Barnstable County workers working outside the county earned $2.9 billion, while out-of-county workers with jobs in Barnstable County earned $814 million. Per the commission, “Nearly all industries rely in one way or another on timely and successful crossing for employees, goods, and visitors.” Given that Cape Cod Canal bisects the towns of Bourne and Sandwich, the two bridges are necessary for providing basic municipal services, in addition to their role in worker travel, business operations, and tourism and recreational travel (Bourne Select Board Chair Mary Jane Mastrangelo). Island communities also cited their dependency on the bridges for the movement of people, goods, services, and supplies (Oak Bluffs Town Administrator Deborah Potter). The bridges play an essential role in the supply chain for tourism, which in turn is a vital part of the Town of Oak Bluffs’ finances. Tourism was a major focus of attention for respondents, citing it as “the main driver of the Cape’s economy, and if fact, the economy of the Commonwealth.” (Mark Forest, Chair of Barnstable County Board of Regional Commissioners). The Board’s letter noted a report from the National Park Service that estimated that the Cape Cod National Seashore brought 4 million visitors to the Cape each year. Their economic impact was estimated at over $750 million. Provincetown’s tourist industry is valued at over $250 million annually, according to Provincetown officials. Most of Provincetown’s economy depends on traffic over the bridges, despite ferry service from Boston, which operates only for half the year. The Cape Cod Commission sees tourism as a critical component for Cape Cod’s economy as a whole and the bridges as the access points for most of those visitors. The industry also brings in state tax revenues. 6 Senators Elizabeth Warren and Edward Markey and Representative Bill Keating, Cape Cod Bridges Replacement: An Urgent Need, October 2023, p. 6. 45 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 4.3.2 The Current State o f the Bridges I s Hurting Cape Cod Businesses a nd Communities The frequent need for maintenance and repairs on the bridges disrupts local businesses. The Cape Cod Chamber of Commerce pointed out the issues of timeliness of product shipments, commutes, and customer access to members’ businesses. Further, the disruptions discourage potential new customers as well as new business development. The closing of one lane in each direction in April and May 2023 had serious implications for Cape Cod businesses. Some customers said they would wait until the work was done to come to Cape Cod. Sales volumes fell, as did lodging occupancies compared to the same period in 2022. Doing business became more costly, with overtime expenses mounting for hours spent in traffic. Cape Cod businesses have already had problems attracting labor because of the high cost and limited availability of workforce housing. Added to this were problems attracting and retaining staff from off Cape Cod during the repair period. The Town of Sandwich also reported that its local labor market is shrinking, adding bridge insecurity to the growing costs of transportation, energy, and goods and services. Senator Moran noted that bridge congestion exacerbates workforce shortages occurring statewide. The state’s extreme housing shortage is reflected in her district, where employees cannot afford to live in the communities in which they work, and are forced into lengthy commutes. The Senator’s letter estimated that 50% of Cape Cod’s workforce lives off Cape Cod because of the housing crisis, meaning that any traffic disruption has regional economic implications. The Cape Cod Regional Chamber of Commerce cited the “untenable traffic congestion” as negatively affecting the economy, causing traffic waits of over 2 hours that have also become a public safety issue. As well, residents “cannot shop or will not leave their homes.” Truck deliveries are late—UPS, FedEx, U.S. Postal Service—because of traffic congestion. Town of Bourne officials shared the problems for the many workers living off Cape Cod and commuting daily over the bridges. Late arrivals at work for employees have daily implications for them and for school pickups as well. Building in excess travel times to make appointments after work adds to the bridge delay times themselves. In addition to their economic impacts on businesses and employees, the lane closures must also be evaluated for their effect on the employees’ quality of life. 4.3.3 The C urrent S tate of the B ridges I s N egatively I mpacting R esidents This section deals with many of the points made earlier in the report regarding the costs of delays and congestion because of the substandard design of the bridges and the increasing need for maintenance on the bridges. With lanes only 10 feet wide and lacking any “modern safety features such as lane separation, shoulders, and pedestrian or bicycle separations,“7 the bridges cause not only crashes, but fear for personal safety among drivers, bikers, and pedestrians alike. 7 Cape Cod Region Chamber of Commerce 46 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report The letter from the Town of Bourne pointed out that during the Sagamore Bridge closure for rehabilitation of abutments in 2023, approximately 420,000 person-hours of delay meant an estimated $10 million in lost time. The same rehabilitation of Bourne Bridge is expected to be even worse. Senator Moran cited the impacts of the closures on congestion, noise pollution, and access to services, as well as adding financial burdens to residents. The Cape Cod Canal Regional Chamber of Commerce highlighted the fact that, for area residents, congestion and gridlock are year-around conditions. Further, under the worst traffic conditions in the summer, drivers are “getting out of their cars and screaming at each other in the streets.”8 Human costs included delays of emergency services and school buses. Other costs noted by respondents included secondary impacts on businesses of delays in employee arrivals, of late shipment deliveries, and of supply-chain disruptions. The latter affects the availability and costs of goods and services on the Cape and Islands. Cape Cod depends almost entirely on the private auto for transport. Services such as healthcare, education, and childcare are often limited on Cape Cod, making residents dependent on crossing the bridges to access them. The bridges especially affect the town of Bourne, which Cape Cod Canal divides in two, and residents living near the bridges are “trapped in their homes” because they cannot get out of their driveways. Community services are on both sides of Cape Cod Canal, and residents are isolated from them, as they are from other residents of their own community, even after COVID-19 restrictions have disappeared. The Cape Cod Commission summarized the situation as one in which public confidence in the bridges, both from a safety standpoint and from reliability, is low. The impacts are local, but also regional, with the lack of reliable movement of goods and people to and from the Cape and Islands. They term the situation “untenable.” 4.3.4 The C urrent S tate of the B ridges I mpacts E mergency S ervices and A ccess to H ealthcare and I s a P ublic H ealth and P ublic S afety R isk The bridges are the only route off Cape Cod, and in an emergency, the usual congestion presents dangerous delays for emergency vehicles needing to get from one side of the town of Bourne to the other. The town of Sandwich, also divided by Cape Cod Canal, relies on mutual aid from the town of Bourne to respond to service calls because of bridge congestion. Because of limited medical facilities on Cape Cod, some emergencies require transport off Cape Cod, for which ambulances and helicopters are needed, the latter being required when ambulances cannot get off Cape Cod quickly enough. But even flight services can be affected by bad weather, and patients must go by ambulance regardless of traffic conditions. Bridge congestion also affects routine travel for medical care off Cape Cod, particularly for specialties not dealt with by local medical facilities. The report noted that this is particularly relevant for the aging 8 Town of Bourne 47 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report population on Cape Cod, where towns’ shares of residents over 60 approach or exceed 50%, and the trend is projected to continue through 2035. The Barnstable County Sheriff's Office provided a detailed explanation of how bridge congestion affected their employees, who live on both sides of the bridges. It makes hiring and retention difficult in the tight labor market. It affects the “wellbeing, safety, and security of their employees and inmates.” Commuting delays affect shift workers by requiring some to work double shifts to cover for employees who cannot make it to work on time. For corrections officers and dispatchers, normal time off is essential for their ability to work safely. Inmates needing to go off Cape Cod for court appearances are also affected, as are the transport teams, with all being placed under additional stress. The Association to Preserve Cape Cod raised the issue of climate change, which would increase storm intensity and other climate threats. Cape Cod residents would be placed in dire situations if such threats required evacuation during a time of bridge lane closures. Bourne Bridge is part of the Federal Highway Administration- and U.S. Department of Defense- designated Strategic Highway Network (STRAHNET) for military transportation, national security, and emergency preparedness (Cape Cod Commission). 4.3.5 Failure to R eplace the B ridges W ould B e C atastrophic Continuing the current state of affairs would result in ever-worsening conditions, culminating in a permanent reduction to single-lane traffic on the bridges in the 2030s, according to Senator Julian Cyr. Senator Moran termed this the creation of “unfathomable congestion…impacting the regional economy of Cape Cod as well as the public safety of its residents.” Escalating repair needs that force weight limits would cause disruption to, and increased costs of, the movement of the goods that Cape Cod residents rely on for everyday life. Air pollution would increase, and tourism would be negatively affected. Projected lane closures, should the bridges not be replaced soon, would add billions of dollars in travel delay costs plus secondary economic impacts. The possibility of a total bridge closure, should its condition eventually become an immediate safety threat, is not unprecedented (Cape Cod Commission). The Cape Cod Chamber of Commerce says the business community sees “disastrous” impacts of failure to replace the bridges, citing the following litany of already-serious business impacts that would be exacerbated by continuing the “fix-it-as-it-fails” approach: • Increased commute times for staff • Higher overtime costs for workers stuck in traffic • Late deliveries • Supply-chain disruptions • Reduced confidence in Cape Cod as a destination and place to do business, which in turn would impact the many small businesses that serve the destination market. 48 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Timely evacuations in the event of weather or other emergencies would be severely compromised because residents would have only the two exit routes. The Town of Sandwich called attention to its unique situation: the northern section of town, where the business and historic centers are located, is subjected to traffic backups of as much as 10 miles during routine maintenance of bridges, effectively isolating them from the rest of town. As maintenance closures increase on the aging bridges, this situation will become increasingly untenable for both businesses and residents. Any major rehabilitation of the bridges would affect the timing and cost of municipal wastewater construction projects, required to clean up coastal waters and ponds. Other natural resources could suffer from disinvestment as municipal budgets are squeezed by declining revenues from businesses adversely affected by congestion. If congestion becomes bad enough, the short-term vacation rental market could contract, reducing public revenues from the fees charged and used for wastewater infrastructure, a large issue on its own for Cape Cod. 4.3.6 Replacing the Bridges Would Have Significant Benefits for Residents and the Economy Given the foregoing descriptions of the impacts of current and future congestion, it hardly seems necessary to cite the benefits of replacing the bridges. For some businesses, the benefits would be simple survival, with more reliable access to workers, supplies, and customers. For some older residents, dependent on medical services off Cape Cod, they could mean literal survival. For residents, quality of life would be hugely improved. They would enjoy more reliable travel times both on and off Cape Cod, and reduced stress of getting to and from work and appointments. School children would spend less time getting to and from school and more time in school or home. Residents would have improved access to healthcare off Cape Cod. Air quality would improve with less idling time on the bridges. Public safety would be enhanced, and emergency services would be more reliable. As climate change progresses, the likelihood of extreme weather events grows. If such a weather or other emergency necessitated evacuation of all or parts of Cape Cod, residents would at least not have the added burden of fear that they would be caught in a life-threatening traffic jam. For tourism, an industry that is second in the state only to Greater Boston, the improvements in traffic flows and, most importantly, reliability, would enhance the popularity of Cape Cod as a destination. Not only would travel in and out be facilitated but travel on Cape Cod would be easier and a benefit to local businesses that cater to tourists. For all businesses, improved ease of travel would broaden the labor pool by making it easier to reach, hire, and retain employees and would make it faster and less frustrating to reach suppliers and customers. For pedestrians, bicycles, and disabled persons, improved facilities on the bridge would open up more possibilities for travel, exercise, and social interaction. 49 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Most critical, according to the Cape Cod Chamber of Commerce, is that the long-term viability of Cape Cod, closely linked to the condition of Bourne and Sagamore Bridges, would be secured by the replacement project. Another relevant document is a technical memorandum that analyzes the economic impacts on Cape Cod, Nantucket, and Martha’s Vineyard from lane and bridge closures on the two bridges. The Cape Cod Commission requested the quantitative and qualitative analysis, which ERG, a consulting firm, carried out. The memorandum covers assumptions, data sources, methodologies, and results.9 It posits two scenarios: • A complete shutdown of one bridge for six months and 16 months of lane closures • Complete shutdown of one bridge for two to five years. The memorandum also includes results of interviews with local stakeholders, local officials, and emergency responders. Their responses tracked closely with those of the officials interviewed for the “Warren Report” regarding the increasingly serious social and economic impacts they foresaw for the two scenarios. The Cape Cod Commission provides a publicly available overview of the results described in the technical memorandum.10 5 Program Impacts 5.1 Operational Impacts 5.1.1 Regional Economic Impacts 5.1.1.1 Methods and Results TREDIS software was used to evaluate and compare predicted economic impacts for the No Build Alternative and Build Alternative for the year 2050. To isolate the regional economic impacts that would result in response to the Build Alternative, the induced economic impacts were estimated using TREDIS. This analysis considered the amount of “ripple effect” economic activity that would be created because of a bridge replacement. The induced economic impacts of a potential bridge replacement for the No Build Alternative would be zero, as the No Build Alternative does not propose replacing the bridges. The induced economic impacts of a potential bridge replacement for the Build Alternative are provided in Table 5-1. 9 ERG, Technical Memorandum to the Cape Cod Commission. August 9, 2024. 10 Cape Cod Commission. Cape Cod Canal Bridge Closure Economic Impact Analysis. September 2024. https://tobweb.town.barnstable.ma.us/TownmanagerCommunicatrions/2024-10-08%20TMReport%20-%202024-09- 10%20CIBC%20-%20Cape%20Cod%20Commission%20Bridge%20Closure%20Economic%20Analysis.pdf 50 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Table 5 -1 . Economic Impacts: TREDIS Analysis, 2050 Region Output (2022 dollars) Value Added (2022 dollars) Jobs (headcount) Labor Income (2022 dollars) Cape Cod and Islands $10,380,000 $4,570,000 21 $2,610,000 Plymouth County $3,360,000 $1,650,000 8 $1,030,000 Rest of Massachusetts $7,370,000 $3,960,000 11 $2,440,000 Total Massachusetts $21,100,000 $10,180,000 40 $6,080,000 Source: TREDIS analysis As presented in Table 5-1,11 the results of this analysis show that for 2050 there would be a net increase in economic output, value added, jobs, and labor income for the Cape and Islands, Plymouth County, and the Rest of Massachusetts for the Build Alternative when compared to the No Build Alternative. The net increase in economic output within the Cape and Islands is 49% of the total increase for Massachusetts, attributable to the Build Alternative. While the net increase in the total headcount of jobs for the Cape and Islands in 2050 comprises over half of the total increase in Massachusetts (attributable to the Build Alternative), the increase in labor income generated from these jobs is estimated to be only 43% of the total increase in labor income for Massachusetts, attributable to the Build Alternative. The TREDIS analysis also compares tax collection for state and local taxes, including those levied on both households and businesses, for the No Build Alternative and Build Alternative. As presented in Table 5-2, net tax collections for the Build Alternative would be about $426,000 (in 2022 dollars) greater than that of the No Build Alternative. Of this, 49% would be garnered from Cape Cod and Islands. Table 5 -2 . State and Local Tax Impacts, 2050 (2022 dollars) Region Tax Revenue Cape Cod and Islands $209,000 Plymouth County $90,000 Rest of Massachusetts $127,000 Total Massachusetts $426,000 Source: TREDIS analysis TREDIS estimates total social benefits as well as economic impacts. The social benefits include cost savings that are adapted and used to inform the economic impact analysis but also benefits that do not result in monetary transfers. These savings—in the form of saved time, crashes, and pollutants emitted—are monetized following U.S. Department of Transportation guidance. Some social benefits are enjoyed directly by travelers, but others, such as environmental benefits or business time savings, are enjoyed by other stakeholders, such as local firms or the community. 11 These and other tables may not total due to rounding, especially in the case of jobs measures. 51 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Among monetary benefits, households—and to some degree businesses—would enjoy savings in vehicle maintenance costs and fuel. Businesses would also benefit from saved shipping costs. These items—represented by the Vehicle Operating Costs, Business Time, and Shipper/Logistics Costs categories in Table 5-3—were used as inputs for the economic analysis model that produced the results shown in Table 5-1 and Table 5-2. Table 5 -3 . Social Benefits in 2050 (2022 dollars) Benefits Category Value Vehicle Operating Costs Saved $8,600,000 Business Time Saved $11,600,000 Shipper/Logistics Costs Saved $200,000 Value of Personal Time $82,100,000 Safety Cost Saved $10,300 Environmental Costs Saved $4,100,000 Total $116,900,000 Source: TREDIS analysis At the same time, all system users would enjoy time savings (valued under the categories Value of Personal Time and Business Time). Averted crashes—which result in saved lives, injuries, and property damage—were monetized per the U.S. Department of Transportation guidance to find a total Safety Cost category. Finally, reduced volumes of pollutants in the environment were monetized and reported in the Environmental category. 5.1.2 TREDIS Software Background Economic impacts are estimated using the TREDIS transportation economics suite—the most widely used system for economic impacts of transportation projects in the U.S. and Canada.12 Embedded within TREDIS is baseline economic data from IMPLAN,13 along with future projections of industry growth by sector for each county in the U.S., from Moody’s Analytics. TREDIS adds to and optimizes this economic data for measurement of transportation’s impacts on the economy. When conducting a TREDIS analysis, users enter information on transportation performance changes and project cost and timing. TREDIS uses federal data sources (annually updated) to attribute costs to performance changes in several categories, including vehicle operating costs, the value of time for both personal and commute travel, shipping logistics costs, environmental impacts, and the impact on safety. 12 For more information, visit TREDIS Transportation Analysis Tools (www.tredis.com). 13 IMPLAN is the most widely used input-output economic modeling system in the U.S. This system uses industry- and region-specific economic data to translate direct effects into indirect and induced impacts. More information is available at www.implan.com. 52 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report When direct impacts from spending or performance-driven cost savings occur in the economy, there is always additional economic activity because businesses make purchases from their suppliers and employees re-spend income in the economy. These benefits are referred to as multiplier effects. When businesses reduce their transportation costs, they utilize those savings to 1) reinvest in more productive capital, 2) increase research and development expenditures, 3) reduce the prices paid by their customers, or 4) retain profits for disbursement to shareholders. These uses increase the productivity and competitiveness of the business, leading to economic growth. When households reduce their transportation costs, they have additional income to spend on other goods, leading to the growth of local businesses where they spend money. Reducing the stress and length of commuters’ travel also has some effect on business productivity and their ability to attract and retain talent. These household and business impacts can also change regional supply chains. There are three main monetary measures of economic impact. The three measures are nested within each other and cannot be added. • Output is the broadest measure of impact. Depending on what is appropriate for the sector, output represents total revenue, total sales, or the total final value of all goods and services produced. • Value added is output minus the cost of intermediate inputs, such as the value of inputs other than labor and capital. Value added consists of compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.14 Value added is the contribution of businesses to gross domestic product. • Labor income consists of wage and salary disbursements and of supplements to wages and salaries, including benefits, as well as proprietor income.15 The Jobs measure is the employment headcount, including both full- and part-time jobs by place of employment. The results for each of these measures includes the impacts of the multiplier effects. 5.1.3 Development of TREDIS Inputs The MassDOT design team developed the transportation system performance inputs for the TREDIS analysis of the Program, and FXM Associates led the economic analysis in conjunction with EBP. Economic characteristics were considered for three regions defined in the TREDIS model: • The Cape and Islands (Barnstable, Dukes, and Nantucket Counties) • Plymouth County • Other counties in Massachusetts 14 Value added definitions are defined in the national income and product accounts from the Bureau of Economic Analysis and implemented by IMPLAN, Inc. Gross operating surplus includes proprietors’ income, corporate profits, net interest, business transfer payments, rental income, etc. 15 Proprietor income includes payments received by self-employed individuals and unincorporated business owners and includes the capital consumption allowance. 53 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report The MassDOT design team produced estimates of vehicle trips, vehicle miles traveled (VMT), and vehicle hours traveled (VHT) for three-hour-long periods for 2050: • Fall weekday AM • Fall weekday PM • Summer weekend midday The vehicle trips, VMT, and VHT provided were provided for both the No Build Alternative and Build Alternative with the purpose of understanding how capacity improvements for the replacement bridges and improved approaches would reduce the delay produced by the capacity and efficiency constraints for the existing bridges. These travel measures were further expanded using factors to represent full days of travel, using factors that differentiated VMT and VHT reflecting the non-linear growth of VHT in response to increased volumes of traffic in the network. These figures were further expanded to represent the full year—all periods of each day in every season—by applying scaling factors based on the observed volumes of traffic across the bridges from September 2023 through August 2024. 5.1.4 Key Valuation Parameters These factors represent best estimates or assumptions about the value associated with different aspects of transportation. Data sources are documented in footnotes. 5.1.5 Mode Share MassDOT provided data on mode share per hour across each bridge (in each direction) among four categories: • Autos • Motorcycles • Medium-duty trucks • Heavy-duty trucks These categories were collapsed to relative percentages for each category (counting autos and motorcycles as passenger vehicles) for each period used in the study: • 6 AM – 9 AM (“AM”/3 hours) • 9 AM – 3 PM (“Midday”/6 hours) • 3 PM – 6 PM (“PM”/3 hours) • 6 PM – 6 AM (“Nighttime”/12 hours) 5.1.6 Visitors V ersus Locals Using data collected by AirSage from cellphone service providers in 2014 and used for the Cape Cod Canal Area Transportation Study, four geographies were modeled: • Cape Cod and Islands 54 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report • Plymouth County • Rest of Massachusetts • External It was assumed that all trips into or out of Cape Cod were matched by a return trip. The TransCAD simulation that informed the Major Rehabilitation Evaluation Report and covered all of Barnstable and Dukes Counties as well as portions of Plymouth and Bristol Counties was used to determine the percentage of these trips made by visitors, defined as tourists and second-home residents. These trip counts and visitor versus local percentages were applied to the relevant time periods identified in the other parameters. 5.1.7 Vehicle Occupancy Passenger occupancy allows vehicle characteristics to be accurately converted to person-hour benefits. MassDOT provided counts of occupancy for select time periods across the existing bridges. Assuming that truck crews were a single driver and using the share of trucks discussed in Section 5.1.5, Mode Share, EBP calculated that the average occupancy for passenger vehicles was 1.47 travelers, including the driver. By comparison, U.S. Department of Transportation Benefit Cost Analysis Guidance from December 2023 cites NHTS 2017 for Passenger Vehicles at Weekday Peak to give the number 1.48 people per vehicle for passenger vehicles.16 To calculate the cost of freight, service default factors stored in TREDIS were also applied. MassDOT assumed 1 crew member per tractor trailer and an average load in 17.50 U.S. tons.17 Medium-duty trucks are expected to have only 1 driver and 4.15 tons of freight. Vehicle movements themselves have limited economic value without considering what is moving. Based on the volume of goods moved, TREDIS also applies information on the industry-use of freight and the commodity mix present on freight vehicles in the region to estimate industry-specific benefits. 5.1.8 Vehicle Operating Costs Vehicle operating costs are a key factor for calculating benefits and economic impacts from both households and businesses. When households reduce their spending on transportation, they are able to purchase other goods and services, and when businesses reduce transportation expenditures, they identify ways to more efficiently utilize those resources. Vehicle operating costs are split between fuel 16 U.S. Department of Transportation. (2023). Benefit-Cost Analysis Guidance for Discretionary Grant Programs. December. U.S. Department of Transportation. Citing NHTS 2017 for passenger vehicles at weekday peak, reporting 1.48 people per vehicle. https://www.transportation.gov/sites/dot.gov/files/2024- 11/Benefit%20Cost%20Analysis%20Guidance%202025%20Update%20%28Final%29.pdf 17 TREDIS software group analysis based on Hernandez, S. (2017). Estimation of average payloads from weigh-in-motion data. Transportation Research Record, 2644(1), 39-47. 55 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report purchases and other costs in TREDIS. Table 5-4 identifies the other costs.18 As an example, for cars this includes maintenance and tire purchases, and mileage-based depreciation and insurance payments. Table 5 -4 . Vehicle Operations and Maintenance Costs (2022$) Mode Value per Uncongested Mile Passenger Auto $0.176 Medium/Heavy Trucks $0.675 Source: TREDIS software group The second component of vehicle operating costs in the TREDIS system is fuel consumption. Based on national fleet averages fuel use is calculated based on distance or time traveled. Table 5-5 lists the fuel consumption rates in gallons per mile.19 Again, walking and biking have no fuel consumption costs, and transit analysis has been deferred to a later analysis that can provide more detail on the topic. Table 5 -5 . Vehicle Fuel Consumption Mode Gallons per Mile Passenger Auto 0.0437 Light-/Medium-Duty Truck 0.1337 Heavy Truck 0.1678 Source: TREDIS software group Fuel consumption imposes costs on households and businesses, dependent on the price of fuel, which is indicated in Table 5-6. It is worth noting that an analysis such as this one is sensitive to the assumed fuel costs. Table 5 -6 . Fuel Prices Mode Cost per Gallon (2022$)* Gasoline $3.42 Diesel $4.54 * Values derived by the TREDIS software group, based on January 16, 2024, prices as reported by AAA. 18 Values derived by the TREDIS software group, using multiple sources: Vehicle operating cost per mile is defined for cars as an average of small, medium, and large cars, SUVs, and vans and adjusted by average speeds; source AAA (2023). Vehicle operating costs per mile for trucks were drawn from American Trucking Research Institute (ATRI) 2023 data on costs per mile for truck/trailer lease or purchase payments, repair and maintenance, truck insurance premiums, permits and licenses, and tires and adjusted by average speeds. 19 Values derived by the TREDIS software group, using Highway Statistics 2021 Table VM-1. 56 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 5.1.9 Value of Time The per-person-hour values of time used for the analysis are derived based on the U.S. Department of Transportation value of time guidance. Values are adjusted from national averages based on information from the Bureau of Economic Analysis. Business time includes wages and benefits and is estimated based on industry sector. Commuter time is only wages, with half being household time and half being industry cost in terms of wage premiums for burdensome commutes. Personal time is valued at half of the average wage rate. Table 5-7 lists passenger and truck operator value of time. Table 5 -7 . Value of Travel-Time Savings and Travel-Time Reliability Savings by Mode and Purpose Mode – Purpose Value Passenger – Commute $29.29 Passenger – Personal $14.64 Medium-Duty Truck – Freight $28.23 Heavy-Duty Truck – Freight $34.87 Source: TREDIS software group 5.1.10 Value of Freight Logistics Delay The value of freight logistics time in TREDIS varies by commodity type for the modeled regions. The values used here range from about 7.7 cents to 74.6 cents per ton-hour of delay, depending on the regions involved. These are not an important source of savings in this study, however, totaling only approximately $226,000 in savings for the year in 2050 (in 2022 dollars). 57 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 5.1.11 Detailed Results By 2050, the Build Alternative is projected to generate over $21 billion in business output and support for 40 jobs across Massachusetts. The greatest impacts are seen in Professional and Business Services, Financial Activities, Manufacturing, and Education and Health Services. Most major industry sectors experience positive gains, with the exception of Other Services, which shows a net decline (Table 5-8). Table 5 -8 . Impacts by Major Industry Sector in 2050 (Total Massachusetts) NAICS Industry Business Output (2022 $M) Value Added (2022 $M) Jobs Labor Income (2022 $M) 111-115, 211-213 Agriculture & Extraction 0.394 0.187 1 0.119 221 Utilities 0.467 0.248 0 0.095 230 Construction 0.829 0.437 3 0.409 311-339 Manufacturing 5.870 1.909 6 1.189 420 Wholesale Trade 1.132 0.582 2 0.333 441-454 Retail Trade 0.323 0.137 5 0.003 481-488 Transportation 0.559 0.291 1 0.197 491-493 Postal & Warehousing 0.244 0.196 4 0.157 511-519 Media and Information 1.155 0.455 0 0.239 521-525, 531-533 Financial Activities 3.728 2.261 7 0.724 541, 551, 561-562 Professional & Business Services 4.308 2.545 17 2.062 611, 621-624 Education & Health Services 2.378 1.567 13 1.418 711-713, 721-722, 811-814 Other Services -0.375 -0.486 -23 -0.958 920 Government 0.092 -0.154 0 0.092 Total 21.104 10.175 40 6.079 Source: TREDIS analysis 58 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report By 2050, the Build Alternative is projected to generate $7.4 billion in business output and support 11 jobs in the rest of Massachusetts. The most significant impacts occur in Professional and Business Services, Financial Activities, Manufacturing, and Education and Health Services. While most sectors see positive impacts, Other Services experiences a net decline across all measures (Table 5-9). Table 5 -9 . Impacts by Major Industry Sector in 2050 (Rest of Massachusetts) NAICS Industry Business Output (2022 $M) Value Added (2022 $M) Jobs Labor Income (2022 $M) 111-115, 211-213 Agriculture & Extraction 0.054 0.027 0 0.018 221 Utilities 0.153 0.085 0 0.029 230 Construction 0.169 0.093 1 0.086 311-339 Manufacturing 1.972 0.711 2 0.442 420 Wholesale Trade 0.447 0.257 1 0.146 441-454 Retail Trade 0.032 0.002 1 -0.020 481-488 Transportation 0.179 0.092 0 0.070 491-493 Postal & Warehousing 0.071 0.054 1 0.044 511-519 Media and Information 0.541 0.246 0 0.125 521-525, 531-533 Financial Activities 1.383 0.903 2 0.335 541, 551, 561-562 Professional & Business Services 1.732 1.181 5 0.951 611, 621-624 Education & Health Services 0.806 0.542 4 0.489 711-713, 721-722, 811-814 Other Services -0.209 -0.197 -8 -0.318 920 Government 0.038 -0.040 0 0.041 Total 7.37 3.96 11 2.44 Source: TREDIS analysis 59 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report By 2050, the Build Alternative is expected to generate $21.1 billion in business output, $10.2 billion in value added, and support 40 jobs across Massachusetts. The largest gains are projected in Professional and Business Services, Financial Activities, Manufacturing, and Education and Health Services. Other Services is the only sector to experience a decline, with negative impacts across all categories (Table 5-10). Table 5 -10. Impacts by Major Industry Sector in 2050 (Total Massachusetts) NAICS Industry Business Output (2022 $M) Value Added (2022 $M) Jobs Labor Income (2022 $M) 111-115, 211-213 Agriculture & Extraction 0.394 0.187 1 0.119 221 Utilities 0.467 0.248 0 0.095 230 Construction 0.829 0.437 3 0.409 311-339 Manufacturing 5.870 1.909 6 1.189 420 Wholesale Trade 1.132 0.582 2 0.333 441-454 Retail Trade 0.323 0.137 5 0.003 481-488 Transportation 0.559 0.291 1 0.197 491-493 Postal & Warehousing 0.244 0.196 4 0.157 511-519 Media and Information 1.155 0.455 0 0.239 521-525, 531-533 Financial Activities 3.728 2.261 7 0.724 541, 551, 561-562 Professional & Business Services 4.308 2.545 17 2.062 611, 621-624 Education & Health Services 2.378 1.567 13 1.418 711-713, 721-722, 811-814 Other Services -0.375 -0.486 -23 -0.958 920 Government 0.092 -0.154 0 0.092 Total 21.104 10.175 40 6.079 Source: TREDIS analysis 60 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 5.1.12 Local Area Economic Impacts The travel-time savings afforded by the Build Alternative would have impacts on the reach of retailers, employers, and employees. These impacts vary somewhat by bridge, but the Build Alternative would increase the employment pool by about one-third from each bridge. Table 5-11 summarizes the impact of a 3-minute reduction in travel time from Sagamore Bridge. Extending the number of employers commuters could reach from the bridges would more than double the number of potential job opportunities in the Manufacturing sector, for example, and similarly increase the size of the labor pool for employers in the Manufacturing sector. Table 5 -11. Increase in Access to Jobs with 3-minute Travel-Time Savings (Sagamore Bridge) Sector No Build Alternative - Jobs within 30-Minute Drive Build Alternative - Jobs within 33-Minute Drive Number Increase Percentage Increase 11: Agriculture, Forestry, Fishing and Hunting 721 790 69 10% 21: Mining, Quarrying, and Oil and Gas Extraction 53 70 17 32% 22: Utilities 838 945 107 13% 23: Construction 7,233 9,377 2,144 30% 31-33: Manufacturing 5,968 12,006 6,038 101% 42: Wholesale Trade 4,576 5,963 1,387 30% 44-45: Retail Trade 20,903 24,861 3,958 19% 48-49: Transportation and Warehousing 3,740 4,343 603 16% 51: Information 3,082 3,608 526 17% 52: Finance and Insurance 4,448 5,303 855 19% 53: Real Estate and Rental and Leasing 4,351 5,111 760 17% 54: Professional, Scientific, and Technical Services 7,945 13,421 5,476 69% 55: Management of Companies and Enterprises 156 180 24 15% 56: Administrative and Support and Waste Management and Remediation Services 4,169 5,449 1,280 31% 61: Educational Services 9,987 11,475 1,488 15% 62: Health Care and Social Assistance 26,137 36,368 10,231 39% 71: Arts, Entertainment, and Recreation 3,931 5,016 1,085 28% 61 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Sector No Build Alternative - Jobs within 30-Minute Drive Build Alternative - Jobs within 33-Minute Drive Number Increase Percentage Increase 72: Accommodation and Food Services 15,232 19,291 4,059 27% 81: Other Services (except Public Administration) 12,055 14,033 1,978 16% 92: Public Administration 8,968 12,144 3,176 35% 99: Unassigned 908 1,007 99 11% Total 145,401 190,761 45,360 31% Source: Environics Analytics Claritas Reports, 2024; and FXM Associates Table 5-12 contains the same information for Bourne Bridge. Here the increases are more evenly distributed, with “office-using” sectors (NAICS 51 through 55) and the health care sector receiving the largest access benefits of the savings in travel times. Table 5 -12. Increase in Access to Jobs with 3-minute Travel-Time Savings (Bourne Bridge) Sector No Build Alternative - Jobs within 30-minute Drive time Build Alternative - Jobs within 33-minute Drive time Number Increase Percentage Increase 11: Agriculture, Forestry, Fishing and Hunting 1,083 1,257 174 16% 21: Mining, Quarrying, and Oil and Gas Extraction 87 102 15 17% 22: Utilities 909 990 81 9% 23: Construction 8,689 11,752 3,063 35% 31-33: Manufacturing 17,253 17,461 208 1% 42: Wholesale Trade 10,273 11,663 1,390 14% 44-45: Retail Trade 26,049 34,219 8,170 31% 48-49: Transportation and Warehousing 5,802 6,569 767 13% 51: Information 2,825 4,343 1,518 54% 52: Finance and Insurance 5,260 6,465 1,205 23% 53: Real Estate and Rental and Leasing 4,527 6,587 2,060 46% 54: Professional, Scientific, and Technical Services 11,643 18,347 6,704 58% 62 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Sector No Build Alternative - Jobs within 30-minute Drive time Build Alternative - Jobs within 33-minute Drive time Number Increase Percentage Increase 55: Management of Companies and Enterprises 209 215 6 3% 56: Administrative and Support and Waste Management and Remediation Services 5,410 7,251 1,841 34% 61: Educational Services 10,525 13,288 2,763 26% 62: Health Care and Social Assistance 31,802 49,365 17,563 55% 71: Arts, Entertainment, and Recreation 5,120 6,824 1,704 33% 72: Accommodation and Food Services 18,200 23,960 5,760 32% 81: Other Services (except Public Administration) 14,536 18,385 3,849 26% 92: Public Administration 11,020 16,009 4,989 45% 99: Unassigned 920 1,047 127 14% Total 192,142 256,099 63,957 33% Source: Environics Analytics Claritas Reports, 2024; and FXM Associates Further benefits accruing from the Build Alternative would extend market areas for retailers. Retailers typically define market areas in terms of drive times, with a 20-minute drive time considered the maximum time consumers would be willing to drive for all but the largest stores and store types. A travel-time savings of 3 minutes would enable retailers to expand their market areas, and their customers to expand their consumption opportunities. Table 5-13 quantifies how that benefit would play out from Sagamore Bridge. Table 5 -13. Increase in Access to Jobs with 3-minute Travel-Time Savings (Sagamore Bridge) Sector No Build Alternative - Retail Expenditures within 20-minute Drive time (2024$) Build Alternative - Retail Expenditures within 23-minute Drive time (2024$) Difference (2024$) Motor Vehicles & Parts (441) 413,935,246 572,169,070 158,233,824 Furniture & Home Furnishings (442) 42,715,096 58,923,574 16,208,478 Electronics & Appliances (443) 29,619,809 41,080,340 11,460,531 63 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Sector No Build Alternative - Retail Expenditures within 20-minute Drive time (2024$) Build Alternative - Retail Expenditures within 23-minute Drive time (2024$) Difference (2024$) Building Materials & Garden Equipment & Supplies (444) 141,611,004 195,700,823 54,089,819 Food & Beverages (445) 286,221,995 397,515,519 111,293,524 Health & Personal Care (446) 118,474,954 164,331,820 45,856,866 Gasoline Stations (447) 114,172,137 158,680,915 44,508,778 Clothing & Clothing Accessories (448) 102,138,870 141,542,439 39,403,569 Sporting Goods, Hobby, & Musical Instruments (451) 28,614,342 39,659,874 11,045,532 General Merchandise (452) 251,342,608 348,660,477 97,317,869 Miscellaneous Store Retailers (453) 44,048,366 61,024,789 16,976,423 Food Services & Drinking Places (722) 271,380,536 376,154,392 104,773,856 Total Retail Trade (incl. Food & Drink) 1,844,274,963 2,555,444,032 711,169,069 Source: Environics Analytics Claritas Reports, 2024; and FXM Associates In this case, total consumer spending would increase by over $500 million with the savings of 3 minutes of travel time from Sagamore Bridge. Table 5-14 presents these data for Bourne Bridge. Here, the increase in consumer expenditures would approach $1 trillion. 64 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Table 5 -14. Increase in Access to Consumer Expenditures with 3-minute Travel-Time Savings (Bourne Bridge) Sector No Build Alternative - Retail Expenditures within 20-minute Drive time (2024$) Build Alternative - Retail Expenditures within 23-minute Drive time (2024$) Difference (2024$) Motor Vehicles & Parts (441) 417,655,340 607,642,790 189,987,450 Furniture & Home Furnishings (442) 43,465,506 63,338,346 19,872,840 Electronics & Appliances (443) 30,003,152 43,627,007 13,623,855 Building Materials & Garden Equipment & Supplies (444) 142,882,637 208,087,766 65,205,129 Food & Beverages (445) 288,296,289 419,717,746 131,421,457 Health & Personal Care (446) 119,654,266 174,158,766 54,504,500 Gasoline Stations (447) 114,680,368 166,832,056 52,151,688 Clothing & Clothing Accessories (448) 103,309,228 150,376,272 47,067,044 Sporting Goods, Hobby, & Musical Instruments (451) 28,932,221 42,113,140 13,180,919 General Merchandise (452) 253,749,126 369,398,679 115,649,553 Miscellaneous Store Retailers (453) 44,756,753 65,085,808 20,329,055 Food Services & Drinking Places (722) 274,610,175 399,449,425 124,839,250 Total Retail Trade (incl. Food & Drink) 1,861,995,061 2,709,827,801 847,832,740 Source: EnvironicsAnalytics Claritas Reports, 2024; and FXM Associates 5.1.13 Right-of-Way Analysis 5.1.13.1 Introduction This analysis evaluates the potential loss in property tax revenue to the Town of Bourne resulting from proposed property acquisitions for the Build Alternative. The analysis compares assessed property values before and after the acquisitions, utilizing tax parcel data from the Town of Bourne and a list of potential properties to be acquired from MassDOT. 65 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 5.1.13.2 Methodology The Build Alternative has the potential to affect 62 properties, including 28 slated for full acquisition and 34 for partial acquisition. Partial acquisitions range from as little as 0.3% of the parcel to as much as 47.7% of the parcel. The total FY24 assessed value of the 62 properties is $162.66 million, encompassing a combined land area of 37,554,541 square feet. Of this,2,048,294 square feet—equivalent to 5.5% of the total land area of the 62 properties—would be directly affected by the acquisitions. Properties that would be fully acquired would result in a 100% loss of property tax revenue for the Town of Bourne. For partial acquisitions, MassDOT assumed that only land would be acquired and that buildings would remain (although some of these parcels have no buildings). Accordingly, MassDOT multiplied the percentage of the parcel to be acquired by the FY24 assessed land value to account for lost property tax revenue for partially acquired properties. 5.1.13.3 Results The total FY24 assessed value of the 62 affected properties is $162,658,800 prior to acquisition. After the proposed acquisitions, this value is projected to drop to $140,169,392, reflecting a total decrease of $22,489,408 in assessed value (Table 5-15). The total reduction in assessed property value is expected to result in an annual tax revenue loss of $180,365. This estimate is calculated using Town of Bourne’s FY24 property tax rate of $8.02 per $1,000 of assessed value (Table 5-16). Table 5 -15. Assessed Values Before and After Potential Acquisition Type of Property FY 24 Assessed Value Assessed Value After Acquisition Assessed Difference Building $52,159,600 $46,699,000 -$5,460,600 Land $94,889,900 $78,057,892 -$16,832,008 Detached $3,583,600 $3,456,100 -$127,500 Other $12,025,700 $11,956,400 -$69,300 Total Value $162,658,800 $140,169,392 -$22,489,408 Source: Town of Bourne Assessor Database and FXM Associates Table 5 -16. Potential Property Tax Loss Due to Property Acquisition FY 24 Property Tax Property Tax After Acquisition Assessed Difference $1,304,524 $1,124,159 -$180,365 Source: Town of Bourne Assessor Database and FXM Associates 66 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report 5.2 Construction Impacts MassDOT estimated the total direct, indirect, and induced economic impacts of construction expenditures for the two bridges.20 These data were used in applying the R/ECON Input-Output (I-O) Model 21 to estimate total direct, indirect, and induced impacts of these expenditures on business output, household earnings, employment, gross domestic product, and state, local, and federal taxes. The replacement of the Cape Cod Bridges is projected to generate $5.76 billion in total economic output in Massachusetts, supporting approximately 27,870 jobs and contributing $2.92 billion to the state's Gross Domestic Product (GDP). The largest impacts are expected in the construction, manufacturing, and professional and business services sectors (Table 5-17). Table 5 -17. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Total Impacts (Direct + Indirect/Induced) Category Output ($1,000) Employment Jobs Earnings ($1,000) Gross Domestic Product ($1,000) 1. Agriculture, Forestry, Fishing, and Hunting 2,125.3 36 842.3 516.8 2. Mining 22,987.6 65 5,193.9 12,277.1 3. Utilities 57,815.0 55 14,114.2 32,803.2 4. Construction 1,910,688.0 10,521 983,282.6 951,932.6 5. Manufacturing 1,357,265.7 4,601 333,259.5 515,346.5 6. Wholesale Trade 237,177.9 669 66,152.4 124,476.8 7. Retail Trade 141,500.4 1,230 52,002.6 69,279.8 8. Transportation and Warehousing 124,945.8 844 46,442.3 56,872.0 20 Cape Cod Bridges Program (Both Bridges) Conceptual Program Estimates-May 2024 21 Input-Output (I-O) models are used by professional and academic economic analysts to trace out the full range of effects (including indirect and induced) of business sales, employment, or income directly attributable to existing economic activities or planned new ones on single or multiple regions or states. The technique derives from the national income and product accounts, which trace money flows within and between industries and sectors within the national economy, with adjustments made for the specific makeup of industries and wages and taxes within individual regions and states. R/ECON I-O (formerly PCIO) was originally developed by the Regional Science Research Institute and has been in continued use for over 50 years. It is presently updated regularly by the Center for Urban Policy Research at Rutgers University and tailored to the Massachusetts economy for the purposes of this study. R/ECON I-O is one of three widely used regional I-O modeling systems in the U.S.; RIMS II (US Bureau of Economic Analysis) and IMPLAN are the other two. 67 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Category Output ($1,000) Employment Jobs Earnings ($1,000) Gross Domestic Product ($1,000) 9. Information 113,193.6 185 22,588.1 50,346.3 10. Finance, Insurance, Real Estate, Rental, and Leasing 578,121.9 1,115 89,109.7 342,697.7 11. Professional and Business Services 789,116.3 4,431 430,996.9 507,211.2 12. Educational Services, Health Care, and Social Assistance 231,971.3 1,916 126,348.8 141,555.3 13. Arts, Entertainment, Recreation, and Hospitality 91,311.0 1,125 40,591.9 56,169.7 14. Other Services (including Government) 98,592.2 1,078 62,456.4 56,251.8 Total Impacts 5,756,812.1 27,870 2,273,381.7 2,917,736.7 Source: R/ECON I-O Model and FXM Associates Table 5-18 indicates the distribution of the Cape Cod Bridges replacement’s economic impacts by type: direct, indirect, and induced. Direct impacts reflect immediate impacts from construction and related activities. Indirect impacts capture the supply chain response, while induced impacts reflect increased household spending from wages earned. Direct impacts account for $3.24 billion in output and 16,000 jobs, while indirect impacts add $1.27 billion in output and 5,154 jobs. Induced impacts contribute an additional $1.25 billion in output and 6,717 jobs. Multipliers indicate that for every $1 in direct output, the total output impact is $1.78; for every direct job, 1.74 total jobs are supported; and for every $1 in direct earnings, the total earnings impact is $1.60. Table 5 -18. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Distribution of Impacts and Multipliers Category Output ($1,000) Employment Jobs Earnings ($1,000) Gross Domestic Product ($1,000) 1. Direct Impacts 3,242,081.6 16,000 1,418,259.2 1,521,945.8 2. Indirect Impacts 1,268,506.0 5,154 437,377.8 662,378.5 3. Induced Impacts 1,246,224.4 6,717 417,744.6 733,412.4 Total Impacts 5,756,812.1 27,870 2,273,381.7 2,917,736.7 Multipliers (= 4 / 1) 1.776 1.742 1.603 1.917 Source: R/ECON I-O Model and FXM Associates 68 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report The Cape Cod Bridges replacement is expected to contribute $2.92 billion to Massachusetts' GDP. Of this, $1.83 billion (63%) comes from worker compensation, $110 million (4%) from taxes—split between local ($14.7 million), state ($27.4 million), and federal ($68 million)—and $976.7 million (33%) from profits, dividends, rents, and other income (Table 5-19). Table 5 -19. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Composition of Gross Domestic Product Category Total Gross Domestic Product ($1,000) 1. Compensation 1,830,923.1 2. Taxes 110,097.5 a. Local 14,698.2 b. State 27,440.8 c. Federal 67,958.5 3. Profits, Dividends, Rents, and Other 976,716.1 Total (= 1 + 2 + 3) 2,917,736.7 Source: R/ECON I-O Model and FXM Associates The Cape Cod Bridges replacement is expected to generate $1.83 billion in labor income from businesses and $1.97 billion from households. The Program is also expected to generate $604.1 million in total tax revenue. Of this, $110.1 million comes from businesses and $494 million from households. Local taxes will total $70.0 million (12%), state taxes $128.6 million (21%), and federal taxes $405.5 million (67%) (Table 5-20). Table 5 -20. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Tax Accounts Category Business Household Total 1. Labor Income 1,830,923.1 1,974,308.0 — 2. Taxes 110,097.5 493,999.7 604,097.2 a. Local 14,698.2 55,339.0 70,037.3 b. State 27,440.8 101,153.9 128,594.7 c. Federal 67,958.5 337,506.8 405,465.2 Source: R/ECON I-O Model and FXM Associates 69 Cape Cod Bridges Program DEIR – Appendix 4.5, Socioeconomics Technical Report Table 5-21 indicates the estimated economic and fiscal impacts in Massachusetts per $1 million spent on the Cape Cod Bridges replacement. For every $1 million in initial expenditure, the Program is expected to support 6.1 jobs, generate $493,719 in earnings, and contribute $633,656 to Massachusetts’ GDP. The replacement will also produce $27,927 in state taxes and $15,210 in local taxes per $1 million expended. Total initial expenditures are projected at $4.6 billion. Table 5 -21. Economic and Fiscal Impacts in Massachusetts of Cape Cod Bridges Replacement (both bridges) Conceptual Program Expenditure Estimates: Impacts per Million Dollars of Initial Expenditure (in dollars) Category Total Employment/Jobs 6.1 Earnings $493,718.6 State Taxes $27,927.4 Local Taxes $15,210.2 Gross Domestic Product $633,655.5 Initial Expenditure (in Dollars) $4,604,610,474.0 Source: R/ECON I-O Model and FXM Associates