[Objective] The benefit of flood resources utilization in Baicheng City of Jilin Province was analyzed to provide scientific basis for rational allocation of flood resources in this area.[Methods] By means of grey relational analysis method, the evaluation of the utilization efficiency of flood resources in Baicheng City from 2008 to 2017 and the changes of economic benefits, ecological environment improvement and social development on which it depends are correlated. The index parameters and index system are determined from three aspects:direct economic benefits, ecological environment benefits and indirect economic and social benefits.[Results] At present, the impact of flood resources on ecological and environmental benefits is the most obvious, accounting for 43% of the total benefits.[Conclusion] Grey relational analysis provides a new way of thinking and evaluation for the effective utilization and management of flood resources. The flood resources in Baicheng City are more likely to be used in its natural form by the environment and ecology, and the benefits are more predominant for the ecological resources themselves. The local flood resources have a great development potential.