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Saturday, November 9, 2024

New York, other blue states lose out to ‘vibrant’ lower-cost regions as migration trend continues

 And the winner of the election is…the Sun Belt.

Americans are increasingly voting to fly south — and not just for the winter, either, according to new data obtained from the Census Bureau.

What’s become a multi-year trend is here to stay, experts warn.

Map illustrating the popular migration destinations in 2023; Texas, Florida, and North Carolina, with a focus on New Yorkers' preference for Florida's affordable lifestyle
New Yorkers continue to choose the Sun Belt as an alternative to the Empire State for a more affordable, less regulated lifestyle, experts say.DenisTangneyJr

Famously high-tax states like New York hemorrhaged population once again in 2023 — with Texas, Florida and North Carolina the three top states picking up the slack, absorbing hundreds of thousands of domestic migrants, according to the Daily Mail, which analyzed the report.

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“I do not see a reversal: there will be no mass reverse migration back to high-tax states,” Ana Bozovic of Miami Analytics told the outlet — calling Florida one of the country’s “21st Century epicenters.”

“Entrepreneurship and creation flow towards the path of least resistance,” Bozovic opined.

It’s all about economics — and policy too, said Mark Perry of the American Enterprise Institute.

Perry cited “higher tax burdens and unfriendly business climates” as a reason why blue states like New York are losing people.

The NYC skyline
One expert said they do not see a reversal in the trend, which once again saw a net decline in population for New York.EyeEm Mobile GmbH
He called red states like Florida “more economically vibrant, dynamic and business friendly.”

The Post previously reported that power has been consolidating in South Florida in recent years, as the uber-rich and influential — Jeff Bezos, Michael Dell and Ken Griffin among them — ditch traditional power centers and go all-in on Miami and environs.

New York lost 179,000 more people than it moved in last year, the numbers showed — with the largest number of leavers choosing the Sunshine State as their destination.

In 2022, the bureau reported an even larger net population loss of about 245.000.

California lost a whopping quarter million-plus people — more than half the population of the city of Sacramento. More than 50,000 of the departees were Lone Star State bound — among them billionaire Elon Musk, who recently relocated to Texas along with X and Space X, two of his companies.

Musk was reportedly seen voting in the 2024 elections in Cameron County, Texas, along the Mexico border.

Both the Empire and Golden states are known for their high taxes. Florida and Texas have no state income tax.

Other big losers included Illinois, Hawaii, New Jersey and Oregon, the survey showed.

https://nypost.com/2024/11/09/lifestyle/new-york-california-losing-population-to-sun-belt-census-data/

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