"Millennials Making $55K Lead the Charge in Florida Migration Trends"

TL;DR Summary
Florida has seen a significant influx of people, with about 739,000 moving to the state between 2021 and 2022, primarily from New York and California. The typical new Floridian is a millennial or Gen Xer, earning around $55,000, often married, and looking to purchase a home. Many are attracted by the lack of state income tax, pleasant weather, and business opportunities. However, this migration is contributing to a housing and affordability crisis in some areas of Florida.
Topics:business##economysociety#floridamigration#millennials#newyorkcaliforniaexodus#realestate#stateincometax
Moving to Florida: Typical mover is millennial, makes $55,000 Business Insider
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
86%
534 → 77 words
Want the full story? Read the original article
Read on Business Insider