www.newsweek.com
I wonder why. 🤔
Population map reveals states growing, shrinking the quickest
A demography expert said the numbers are "most interesting" and most likely due to domestic migration.
I did read it.
Lower costs of housing is the key element here.
As well as various state tax structures playing a part too. Illinois and New York have higher taxes than states like Florida and Tennessee. Heck, I moved from MN to Iowa a few years ago and while not the primary reason…state taxes did factor in.
And taxes, among other things.
Yeah, people aren’t leaving California because of the weather.
Are they? Here in the Midwest, the “liberal” states of Minnesota, Wisconsin and Illinois seem to be putting a long ok…..There seems to be a “quality of life: factor that enters in to this equation, too…..What do Minnesota, Wisconsin and Illinois have that Iowa lacks? Plus, Iowa’s legislation the past decade has not been very friendly to “newcomers”……
Lower housing prices is such a big deal and petare underestimating it. North Carolina for example had a really nice climate, beaches, mountains, and you could get a nice house there for 1/3rd of Cali. People overvalue politics.
Illinois levies the second-highest state corporate income tax rate in the nation.
It's not?
Issue with some of these states is unfunded pensions and deficits.
Florida ain’t cheap. Unless you don’t mind living in the middle 1/3 of the state with all the trumpturds and rednecks🤷♂️
No, I’m sure it’s not cheap.
Well of course it’s cheaper than New York but wages in the city are much higher also. Take a look at the average earner in Florida. No shit, here in St Pete you can’t find a decent house for less than $600k. And that’ll get you a 3/2 1500 sq/ft in a “decent” part of town. Same house in desirable neighborhoods? $800k and up. It’s nuts. I have no idea how anyone making less than $100k in this town can afford to live. And that’s just covering living expenses lol.
I was also referring to overall state tax “bites” such as RE taxes. Not to mention license fees and state vehicle insurance rates.
I was referring to Illinois corporate (not personal) tax rates. Illinois flat corp income tax rate tallies 9.5% and includes 7% business income tax, and 2.5% personal property replacement tax for corps., which did rank 2nd highest in 2023.
LOL…..
I will not move to Texas per your request. Or, because Texas sucks and it’s the worst. Either way, you’re welcome. 😎
We fit the criteria, why aren't people flooding into Iowa?
Gold.
Good to know, as that certainly wasn’t a primary factor in our decision to retire to Iowa from MN. Had more to do with the colder weather in MN, our kids living in Iowa, and getting closer to being able to frequently attend Hawkeye sports. However, an added benefit has certainly been a political climate in Iowa that more closely follows my views than the liberal MN state.
Yeah, California (among other states) has a huge budget deficit and as you say, several state pension funds are in trouble. It’s a sad state of affairs…no pun intended.
Because it’s cold and there’s a whole lot of nothing there.
Well I am overjoyed for you Hans. I stayed here in Iowa because the UMinnesota phuquin’ Rodents re present that state.
? What did I say? Iowa was rated 26th in the nation as far as taxation was concerned. High in income but lower than most in other taxable areas (sales, property, local). Back in my working days, my state tax was 3-4% of our gross, regardless of our income..my local taxes just shy of 1%…Fed taxes ran about 10-11%…I just never thought I was being taxed unfairly by either Feds or State.
Agreed.
