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By Heather Hartel – Correspondent, New York Business Journal
2 years ago
New York is top in the U.S. in terms of its residents leaving for other states.
In 2015, New York had a population of 19.5 million. By 2016 (the latest year available), it shrank to about 19.3 million, resulting in a net drop of 186,000 people.
This trend has been the case for awhile, as census data shows more New York citizens have been moving out of the state since around 2011. This exodus from New York is due to many factors, the top ones cited by experts being recent tax hikes, high cost of living, a poor jobs climate, and unideal weather.
According to recent data, New York state tops the charts in terms of outmigration from the state, and is followed by Illinois, California, New Jersey and Connecticut. All five of these states have negative net migration rates.
While more New Yorkers are leaving the state each year, the question must be asked of where they are going.The top five states that New York migrants head to are Florida, New Jersey, California, Pennsylvania and North Carolina.
In comparison, the top five largest in-migration states are, in order, Florida, Texas, Arizona, North Carolina, and Georgia.
Southern and Western states are faring much better in terms of population growth than their northern neighbors. Also according to the data, those leaving the top out-migration states such as New York and Illinois are heading to these five states and a few others after they leave.
Since the recession in the mid-2000s, migration to Sunbelt states rapidly picked up as these states in the South and West have more opportunities for employment as well as more affordable housing than counterparts in the north and east, according to experts cited in U.S. News and World Report.
States with high unemployment, higher costs of living, and colder climates cannot compete with these regions of the country — and it shows in migration rates.