IMPACT OF TRANSPORTATION NOISE ON URBAN RESIDENTIAL PROPERTY VALUES WITH SPECIAL REFERENCE TO AIRCRAFT NOISE

TWO BASIC HYPOTHESES ARE EXAMINED USING DATA FROM THE VICINITY OF JOHN F. KENNEDY INTERNATIONAL AIRPORT IN NEW YORK. THESE HYPOTHESES ARE: (1) THAT NOISE-AFFECTED AREAS EXHIBIT DIMINISHED RATES OF PROPERTY VALUE INCREASE, AND (2) THAT NOISE CREATES DIFFERENT RELATIVE EFFECTS ON PROPERTY VALUES IN COMMERCIAL AND RESIDENTIAL NEIGHBORHOODS. ALTHOUGH THE ANALYSIS IS LIMITED TO AIRCRAFT NOISE AND ITS EFFECTS ON AN AREA IMMEDIATELY ADJACENT TO A MAJOR AIRPORT, AN ANALYTICAL MODEL RELEVANT TO OTHER FORMS OF TRANSPORTATION IS PROPOSED. THE MODEL EMPLOYS SEVERAL INDEPENDENT VARIABLES WHICH INFLUENCE PROPERTY VALUES, SUCH AS AREA POPULATION, NUMBER OF RESIDENTIAL PROPERTIES, NUMBER OF SINGLE-FAMILY DWELLINGS, NUMBER OF SUBSTANDARD DWELLINGS, MEDIAN NUMBER OF ROOMS PER UNIT, NONWHITE POPULATION, PERSONS PER ROOM, AND MEDIAN INCOME. THESE VARIABLES WERE ASSESSED IN RANDOM SAMPLES COLLECTED BOTH WITHIN AND OUTSIDE SPECIFIC HIGH- NOISE CORRIDORS IDENTIFIED BY EARLIER REPORTS. LINEAR REGRESSION ANALYSIS WAS EMPLOYED TO DEVELOP A MODEL FOR EVALUATING THE EFFECT OF EACH VARIABLE ON THE AVERAGE PROPERTY VALUE. THE EFFECT OF NOISE WAS INTEGRATED INTO THE EQUATION BY INCLUDING AN ADDITIONAL VARIABLE TO MEASURE THE "NOISE EXPOSURE FORECAST" LEVELS. ONCE THE MODEL HAD BEEN CORRECTED TO CONTROL "MULTICOLLINEARITY" (I.E., THE COMBINED INFLUENCE OF TWO OR MORE VARIABLES), IT PERFORMED EFFECTIVELY. RESULTS TENDED TO SUPPORT THE TWO INITIAL HYPOTHESES, DEMONSTRATING THAT NOISE DID EXERT A NEGATIVE INFLUENCE ON PROPERTY VALUES AND THAT THESE EFFECTS WERE MORE PRONOUNCED IN RESIDENTIAL AREAS. /UMTA/

  • Supplemental Notes:
    • PROJ NO URT-11
  • Corporate Authors:

    Consortium of Universities

    Urban Transportation Center, 1717 Massachusetts Avenue, NW
    Washington, DC  USA  20036
  • Authors:
    • Paik, I K
  • Publication Date: 1970

Subject/Index Terms

Filing Info

  • Accession Number: 00241954
  • Record Type: Publication
  • Source Agency: Urban Mass Transportation Administration
  • Files: TRIS, USDOT
  • Created Date: Oct 23 1972 12:00AM