Yellowstone National Park is one of the most popular tourist destinations in the United States. Located primarily in Wyoming, this national park spans across three states including Montana and Idaho.
With stunning scenery, diverse wildlife, and geological wonders, it’s no surprise that Yellowstone attracts millions of visitors each year. But just how much money does Yellowstone make from tourism? Let’s take a closer look.
The Economic Impact of Yellowstone National Park
Yellowstone National Park is a significant contributor to the economy of the surrounding region. According to a report by the National Park Service (NPS), in 2019, the park generated over $507 million in visitor spending in communities near the park. This spending supported over 7,000 jobs and contributed over $680 million to the national economy.
Entrance Fees
One way that Yellowstone generates revenue is through entrance fees. In 2020, the entrance fee for a private vehicle was $35 for a seven-day pass.
The park also offers annual passes for $70 and passes for motorcycles or individuals entering on foot or bicycle for $20 per person. According to NPS data, entrance fees brought in over $47 million in revenue for Yellowstone in 2019.
Concessions
Another way that Yellowstone generates revenue is through concessions such as lodging, food service, retail sales, and other activities within the park. These services are primarily provided by private companies under contract with the NPS. In 2019, concessioners at Yellowstone generated over $140 million in gross receipts.
Roads and Infrastructure
Yellowstone also receives funding from federal appropriations to maintain roads and infrastructure within the park. In 2020, Yellowstone was allocated over $125 million for construction projects and maintenance.
The Importance of Tourism Revenue for National Parks
Tourism revenue is critical for the operation and maintenance of national parks such as Yellowstone. The NPS estimates that in 2019, the entire National Park System attracted over 327 million visitors who spent over $21 billion in nearby communities and supported over 340,000 jobs. However, national parks face significant funding challenges, including a backlog of maintenance projects that require an estimated $12 billion to address.
The Role of Philanthropy
To address these funding challenges, philanthropic organizations such as the Yellowstone Forever Foundation provide critical support for national parks. In 2019, Yellowstone Forever raised over $17 million to fund projects related to wildlife conservation, youth education, and park infrastructure.
Conclusion
Yellowstone National Park is not only a natural wonder but also an economic powerhouse. From entrance fees to concessions and federal appropriations, Yellowstone generates significant revenue that supports jobs and benefits local communities while preserving this unique landscape for future generations. By visiting national parks like Yellowstone and supporting philanthropic organizations that protect them, we can help ensure that these beloved landscapes continue to thrive for years to come.