High-performing public schools and robust public education spending are often correlated with high home values. According to a 2002 report published by the National Bureau of Economic Research (NBER), “Using Market Valuation to Assess Public School Spending,” every dollar spent on public schools in a community increases home values by $20. While the three factors – school performance, school expenditures and home values – are generally intertwined, there is some variance. 

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