Visitors to the Lake Norman towns of Cornelius, Davidson and Huntersville spent an estimated $23 million in our area from July 2011 to June 2012.
That amount is an increase of almost 50 percent in visitor spending over 2010-11.
The work of Visit Lake Norman in recruiting and hosting events over the past 12 months has brought an estimated 81,829 people to various events in Cornelius, Davidson and Huntersville. Those visitors to Lake Norman spent their money at our local hotels, restaurants, retail stores and gas stations.
According to VLN, spending by these visitors saved local residents about $430 per household in taxes. Lake Norman Real Estate Charlotte Real Estate Lake Norman Homes for Sale Lake Norman Real Estate Charlotte Homes for Sale
VLN’s contribution also helped support 235 local jobs, which yielded about $5.76 million in income to residents in the past year. According to the N.C. Department of Commerce, every $98,000 in visitor spending supports one N.C. job, and each nonresident dollar spent generates about 25 cents in wages and salaries.
Thanks go out to the efforts of Visit Lake Norman. You make where we live a nicer place.
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