Ep. 206 | Where Americans Are Actually Moving (And Why)
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Ep. 206 | Where Americans Are Actually Moving (And Why)
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This episode breaks down the latest IRS data to show exactly which states are seeing the largest influx of residents and which are experiencing the most significant exodus. We look at the numbers behind the movement to help you understand the broader financial implications of these patterns.
Texas, Florida, North Carolina, South Carolina, and Tennessee currently lead the list for growth. Conversely, California, New York, Illinois, New Jersey, and Massachusetts are seeing the most substantial population loss. By analyzing these US population shifts, we can better anticipate state tax trends that often follow such demographic changes.
Tax Foundation: https://taxfoundation.org/data/all/state/state-migration-trends-map-americans-moving-population-changes/
Defeating Taxes: https://defeatingtaxes.com
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- (00:00) - IRS Reveals Top States for Population Migration and Tax Impact
- (01:52) - State Income Tax and Population Migration Trends
- (08:06) - Factors Influencing Relocation Decisions and Tax Planning
- (10:27) - High Tax States and Migration Trends in the US
- (17:16) - Tax Planning and State Relocation Considerations