In 2022, structural damage expenses associated with buildings facing flood risk in the United States were estimated to amount to 13.5 billion U.S. dollars. This figure is expected to grow by 25 percent by the year 2052, when structural damage due to flooding in buildings could reach roughly 17 billion dollars.
Structural damage costs due to flood in buildings in the United States in 2022 and 2052
(in billion U.S. dollars)
Figures refer to structural damage costs associated with buildings facing flood risk in the respective year.
The model takes into consideration retail, office, and multi-unit residential properties at risk.
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First Street Foundation. (December 13, 2021). Structural damage costs due to flood in buildings in the United States in 2022 and 2052 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1292222/structural-damage-costs-due-to-flood-in-buildings-us/
First Street Foundation. "Structural damage costs due to flood in buildings in the United States in 2022 and 2052 (in billion U.S. dollars)." Chart. December 13, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1292222/structural-damage-costs-due-to-flood-in-buildings-us/
First Street Foundation. (2021). Structural damage costs due to flood in buildings in the United States in 2022 and 2052 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1292222/structural-damage-costs-due-to-flood-in-buildings-us/
First Street Foundation. "Structural Damage Costs Due to Flood in Buildings in The United States in 2022 and 2052 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Dec 2021, https://www.statista.com/statistics/1292222/structural-damage-costs-due-to-flood-in-buildings-us/
First Street Foundation, Structural damage costs due to flood in buildings in the United States in 2022 and 2052 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1292222/structural-damage-costs-due-to-flood-in-buildings-us/ (last visited November 21, 2024)
Structural damage costs due to flood in buildings in the United States in 2022 and 2052 (in billion U.S. dollars) [Graph], First Street Foundation, December 13, 2021. [Online]. Available: https://www.statista.com/statistics/1292222/structural-damage-costs-due-to-flood-in-buildings-us/
