Due to rising taxes and ongoing financial challenges, Illinois residents have been leaving for states with more favorable tax environments, especially retirees looking for a comfortable, affordable lifestyle.
With one of the highest property tax rates in the country, New Jersey is seeing more of its residents depart, particularly young families and retirees seeking states with lower taxes and housing costs.
Though a hub of innovation and education, Massachusetts’ cost of living and housing prices are motivating many to move to more affordable states that still offer strong job markets.
Connecticut’s high cost of living and tax rates are leading many residents to southern states. Retirees especially find it more challenging to stay, as they seek states with friendlier tax policies for pensions.
Michigan’s economic challenges and population decline, particularly in urban areas, have led to more residents looking at other states with better job opportunities and lower living costs.
Ohio has been experiencing a steady outflow, particularly among younger professionals who are moving to growing tech hubs and states with larger job markets and more competitive wages.
With both high taxes and a rising cost of living, Pennsylvania is losing residents to nearby states with more favorable financial climates, including the Carolinas and Florida.