New Jerseyans pumped an additional $57 million into the economy due to the availability of Lyft rides in 2018, the company announced.
Choosing Lyft over other forms of transportation saved riders six million hours according to the company’s economic impact report, amounting to time savings valued at $249 million.
The report released Thursday showed positive impacts on riders and their cities.
In New Jersey, 50 percent of riders explored more corners of their city as a result of Lyft, and 34 percent of riders spent more at local businesses.
With many of those local businesses no doubt being bars and restaurants, 68 percent of riders reported they were less likely to drive impaired due to the availability of Lyft.
“Every day, people are using Lyft in New Jersey as a way to connect with their community, support local businesses, and commute more efficiently,” said Eric Plummer, market manager of Lyft New Jersey, in a statement. “This is having a dramatic and real impact on our city by enabling riders to move around seamlessly and drivers to earn on their own time.”
More than a quarter of those drivers are women and more than a quarter are over the age of 50, the report said. Seven percent are veterans of the armed forces. All but 6 percent said they drive less than 20 hours per week, and nearly all said having a flexible schedule was very or extremely important to them.
Lyft is having an impact on public health, too. Of the 41 percent of riders reporting that they used Lyft to access health care, 28 percent said they would be less likely to make it to their appointments without the service.
In some large metropolitan areas like Washington, D.C. and Denver, Lyft has started to offer bike shares and scooter shares.
Though only 4 percent of New Jerseyans have experienced these so far, Plummer mentioned the programs and said that the company hopes to continue to find new ways to invest in the local New Jersey economy.