More Americans migrated to lower-tax, predominantly Republican-led states in 2022, with Texas and Florida seeing the biggest population growth last year.
Florida saw the biggest rush of new residents, with about 319,000 Americans relocating there in 2022. That amounts to a population increase of nearly 2% – well above the 0.4% national growth rate recorded in the U.S. between July 2021 and July 2022.
On the other end of the spectrum, California, New York and Illinois, which have some of the highest tax burdens in the country, saw the biggest population declines in 2022. California saw its population tumble by more than 343,000 people in 2022, although New York had the overall largest decline in its population with a 0.9% drop.US HOUSING MARKET SHOWS EARLY SIGN OF RECOVERY AS DEMAND RISES
The NAR identified another reason that Americans chose to up and move to more Republican-led states last year: robust job markets. In fact, compared to the national level, the job market recovery after the pandemic has been more than twice as fast compared to the nationwide trend.
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