New York State has lost 1.4 million residents to the rest of our Country in an eight year period ending in 2018, according to the US Census Bureau. This includes nearly 181,000 in 2018-19 alone, according to the latest annual Census Bureau estimates.
Where are those New Yonkers moving to?
According to the Internal Revenue Service (IRS), Florida has been the leading destination accounting for 21.3 percent of the net during the seven-year period ending in 2018 Moreover, the average annual income of New Yorkers moving to Florida between 2010-11 and 2017-18 was $90,310.
Rounding out the top 10 net destinations for New Yorkers were New Jersey (15.5 percent), Pennsylvania (7.1 percent), North Carolina (8.1 percent), California (6.4 percent), Texas (6.1 percent), Connecticut (5.6 percent), Georgia (4.5 percent), South Carolina (3.5 percent) and Virginia (3.1 percent). These 10 states collectively account for 81 percent of New York’s out-migration losses.