Florida Real Estate News for Palm Coast and Flagler County Florida
Facebook | Twitter | LinkedIn | Contact      

Personal Income Migration State to State: Florida Wins, NY Loses

From 2000 to 2010, NY led all losing states with $45.6B in personal income out-migration. Calif. was second losing $29.4B. FL was the biggest winner gaining $67.3B, followed by AZís $17.7B and Texas.

By Toby Tobin
Comments (1)   |    Add a Comment

Palm Coast, FL – February 28, 2014 – A report from the Washington DC-based nonprofit and non partisan Tax Foundation reveals the extent to which people moving from state to state take personal income across the borders with them. Based on IRS data, the Foundation reports that New York suffered the greatest loss in personal income losing $45.6 billion between 2000 and 2010. New York was followed by California, which lost $29.4 billion and Illinois, which was down $20.4 billion.

Florida led all states by gaining $67.3 billion, followed by second place Arizona which gained $17.7 billion and Texas, which gained $17.6 billion. Note how the following Migration of Personal Income map looks so much like recent weather maps.

State to state Personal Imcome Migration

reader comments
Palm Coast: Value, Lifestyle, and Entrepreneurial
Posted by David Alfin
Mar 01, 2014, 8:59 am
Palm Coast and the Flagler Beaches continues to be one of the very best real estate values in all of Florida near the ocean. One of the very best in the USA!

add a comment
All fields are required.
Email: (not displayed)
Address: (not displayed)
Phone: (not displayed)
Comment Title:
Security Word:
Not readable? Change text.

Please Note:
Comments are screened for appropriateness, delaying posting of your comment.
Comments containing hyperlinks are blocked.


Don "Toby" Tobin is a licensed real estate professional affiliated with Grand Living Realty. Toby is a member of the Flagler County Association of Realtors®, the Florida Association of Realtors, Enterprise Flagler, Flagler Home Builders Association, and the National Association of Realtors.

GoToby.com proivdes real estate news, commentary, and analysis for Palm Coast and Flagler Country Florida, as well as Realtor® referrals and consultation to buyers, sellers, and developers.