Wairoa District Council economic development manager Kitea Tipuna said the work Rocket Lab was conducting at Mahia was "exciting" for the council.
"That the launch site is located in our district has meant an increase in the number of visitors wanting to experience the thrill of seeing a rocket launched into space. This is all really new for us, but we are all working together as a community to leverage off what this might mean for us.
"We're also keen to work with new businesses and operators who want to set up in the district to leverage of the Rocket Lab initiative."
Mayor Craig Little said the amount of interest in the recent test flights had been amazing.
"We had 330 people there the other weekend, that's huge. Probably the biggest thing is that it has put Wairoa on the map - internationally. Something like that is huge."
Property Brokers Wairoa said there had definitely been an increase in activity since the arrival of Rocket Lab.
Rocket Lab's presence was also encouraging investors back into the local market.
Sales manger Vern Withey said there had been an increase in sales over the last few months.
"People are talking a lot about it [Rocket Lab] and it's certainly attracting people through here."
Rentals manager Eva Jones said one buyer recently purchased three flats, and a one-bedroom house, with an interest in buying more, while one long-standing investor was looking at purchasing another two properties.
"It's the talk of Rocket Lab that attracts people but when they get here the attraction in Wairoa."
Wairoa roading company QRS had already seen the benefits of Rocket Lab's presence, having secured a six month workload to construct much of the infrastructure around the company's Mahia launch facility.
Hawke's Bay Chamber of Commerce chief executive Wayne Walford said having talked to Rocket Lab representatives, the chamber had already put the company in touch with opportunities where they might be able to get items needed for Rocket Lab's rockets made in Hawke's Bay.
"Some of the things are being manufactured in Auckland and different places, and they are getting to their limit. So if numbers keep increasing then we are going to have some serious business conversations here on how we can enable them to do the work."
Mr Walford expected "huge opportunity" for business growth.
"It might be like the oil companies in Taranaki - If they are making some money, then they are more likely to invest in that region."
The New Zealand Space Agency at the Ministry of Business, Innovation and Employment welcomed Rocket Lab's successful second test rocket launch into space from the Mahia Peninsula.
MBIE general manager science, Innovation and International, Dr Peter Crabtree, said one of the Space Agency's functions is to help grow the space industry.
"Launching rockets into space is just one aspect of this high-tech industry.
"Rocket Lab's high profile activity in Mahia is going to attract interest from organisations and other nations who want to base their space activity in our country and the Space Agency is looking to use this increased profile to grow the industry.
"With Rocket Lab planning for up to one launch per week, Mahia, Wairoa and the wider Hawke's Bay have an opportunity for increased economic activity in industries which support the space industry. This activity could range from catering for the scientists, technicians and support workers through to providing engineering, site services, logistics support and accommodation.
"We've noticed a few companies who are already making the most of this increased activity, and we look forward to seeing how the support industry in Hawke's Bay and across New Zealand develops."
