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Stateincometax

All articles tagged with #stateincometax

economy-and-business2 years ago•1 min saved

"Top 2023 Moving Destinations Revealed: Texas Leads, Wilmington Shines"

Texas has been named the top destination for movers in 2023, marking the sixth time in eight years it has topped the U-Haul Growth Index. The state's appeal is attributed to its booming industries, absence of state income tax, and housing of the most Fortune 500 company headquarters. California continues to experience a mass exodus, primarily due to its high cost of living. Florida remains the second most popular state for movers, also benefiting from having no state income tax. The top ten states for relocation also include North Carolina, South Carolina, Tennessee, Idaho, Washington, Arizona, Colorado, and Virginia.

via CNBC|

##californiaexodus #economy-and-business

economysociety2 years ago•2 min saved

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

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.

via Business Insider|

##economysociety #floridamigration