Reactor Reactions: The Impact of Nuclear Power Plant Closures on Real Residential Property Values

This study examines the economic impact of nuclear power plant closures on surrounding residential property values using U.S. Census and American Community Survey data. Employing difference-in-difference, spatial, and synthetic controls models, the results showed a statistically significant 5–10% decrease in home values in areas closest to a nuclear power plant following its closure. These findings have implications for local governments and policymakers in managing the economic consequences of nuclear decommissioning, a pertinent topic as more American reactors begin to reach the end of their lifespan.