Migration within states in the US increased during the Covid-19 pandemic era when people in big cities moved out to smaller cities and rural areas. The popularity of remote work after the pandemic also is a driving factor for population migration. A recent report by the Tax Foundation noted that more people migrated from high-tax states to low-tax states. The top five states the lost the most population in 2023 were New York, California, Hawaii, Alaska and Illinois in that order. The top five states that had the highest population growth due to inbound migration are all low-tax states – South Carolina, Delaware, North Carolina, Tennessee and Florida respectively. Texas is also a big winner of inbound migration from high-tax states like California for example.
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Source: Americans Moved to Low-Tax States in 2023, Tax Foundation
The entire report is worth a read.
You may also want to read the below post by Mish published last month:
