Wednesday, November 8, 2023

Over 545,000 New Yorkers Left the State In 2022 —Headed for Florida, Texas and Farther: Census Bureau; Native New Yorker Explains Why She had to Move to Alabama to Achieve the ‘American dream’

Over 545,000 New Yorkers left the state in 2022 —headed for Florida, Texas and farther: census bureau:
It’s an Empire State of decline.
Beset by high taxes and quality of life woes, 545,498 New Yorkers left for other states in 2022, according to US Census data.
Top destinations included Florida — the most popular choice — followed by New Jersey, Connecticut and Pennsylvania as well as more distant states like Texas and California.
The exodus was partly offset by more people moving to the Empire State in 2022 than any year over the last decade, with 301,000 new residents making the transition.
Despite that uptick, New York still suffered a net population loss of 244,000.
The departures have yet to impact New York City housing costs, with median rents continuing to hover near all-time post COVID-19 highs.
According to a recent report from real estate company Elliman, Manhattan median rents stood at $4,350 in September — up from $4,022 during the same period last year.
Median rents in Brooklyn and Queens — $3,700 and $3,528 respectively — are also near record highs.
Trading snowfall for sunshine, more New Yorkers moved to Florida in 2022 than any other state, with 91,000 people making the swap.
After Florida, fleeing New Yorkers opted for more proximate locales — with 75,000 decamping to New Jersey, 50,670 to Connecticut and 44,000 to Pennsylvania.
California, which absorbed a net population decline of 342,000 in 2022, attracted 31,000 New Yorkers last year. --->READ MORE HERE
Native New Yorker explains why she had to move to Alabama to achieve the ‘American dream’:
A native New Yorker had to leave her home after the city’s skyrocketing cost of living had made it impossible for her to achieve the American dream of opening her own business.
“It’s really hard to rectify this idea we’ve been sold of in the United States that you can have and do whatever you want if you work hard enough, and then living in a place where it doesn’t matter how hard you work, you’re never going to get these things,” Laura Newman, an Alabama business owner, told Fox News. “People are starting to notice that in larger cities that’s simply not possible to have both of those things.”
Some major cities were already struggling with an exodus of residents, but faced even larger population declines during the COVID-19 pandemic.
New York City, for example, lost over 100,000 residents from 2017 to 2022, according to the U.S. Census Bureau., an online real estate portal, studied IRS migration data and found that New York experienced the second-biggest drop next to California in 2021 IRS tax revenue due to residents moving.
The Big Apple lost just under $300 million from its yearly tax base.
“I think everyone has this American dream of being their own boss and getting to own something on their own and that just wasn’t possible in New York fiscally for me,” Newman said. “Any time I saved enough money the goal post would move.”
Some have credited the mass city exodus’ to many companies going remote during the pandemic, but Newman made her decision beforehand after being fed up with the high cost of living and inability to open her own business.
She packed her bags and moved from New York City to Birmingham, A.L., with her husband in Spring 2017.
“It just wasn’t possible at all,” Newman said. “Whereas, in Birmingham, A.L., I have no investors, no other owners. It’s just me and I love it.”
In less than two years, Newman opened her first bar called Queen’s Park in November 2019. --->READ MORE HERE
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