....The value measurement of museums, archives, and libraries in Bolton, England was performed by the Bolton Metropolitan Borough Council and MLA North West...The final value of public libraries in Bolton was measured based on WTP [willingness to pay] of users and non-users. The ROI ranged from 1.2 to 1.7.
In the study of Florida public libraries, a total of 17 public libraries were analyzed to assess the benefits to adult users who were 18 years of age or older; this study also considered the economic impact on these users....The analysis showed that approximately $6.40 of the total value per $1 of the budget was created.
stakeholders, inside and outside the library represent library users with children or grandchildren; employees from the community at large, who check out materials for use at their workplace, as well as job seekers; library users who contact public library reference libraries for information; and technology users with a need for Internet access.
Total Juvenile Circulation - According to Bibliostat, total juvenile circulation in Minnesota in 2010 was 22,677,363. Multiplied by the circulation per item value ($6.48), we get the total value of the juvenile circulation which is $146,949,312.
Total Adult Circulation - According to Bibliostat, total adult circulation in Minnesota in 2010 was 34,824,173. Multiplied by the circulation per item value ($7.48), we get the total value of the adult circulation which is $260,484,814.
The public libraries of MN on the state economyCapital Expenditures: The impact of payroll associated with public library capital expenditures delivers an impact of more than $35.5 million dollars to the State. Operations: The impact of payroll associated with public library operations delivers an impact of more than $260.8 million dollars to the State.Capital Expenditures: The impact of sales associated with public library capital expenditures delivers an impact of more than $65.3 million dollars to the State. Operations: The impact of sales [services] associated with public library operations delivers an impact of more than $366.4 million dollars to the State.
The average household would be willing and able to donate [to public libraries] between $31.7 and $38.3 US dollars annually, resulting in a total donation for Minnesota’s approximately 2,061,882 households of $65.4 to $79.0 million annually.
Reported household usage of the public library varies by the respondent’s age group. Eighty-eight percent of 18–34 year olds (born 1976 to 1992) reported that they and/or someone in their household used a public library in 2010, prior to their interview. Among those 35–54 (born 1956 to 1975) 84% of households report public library usage. A lower percentage of households (70%) used the public library among those aged 55 or older (born before 1956).