🧵 1. Florida tops the list as the go-to state for young, wealthy professionals, attracting over 3,300 high earners while only losing around 1,200. #business
🧵 1. Florida tops the list as the go-to state for young, wealthy professionals, attracting over 3,300 high earners while only losing around 1,200. #business
🧵 2. Texas comes in second with a significant influx of over 4,000 young and wealthy individuals, but also experiences an outflow of around 2,000.
🧵 3. New Jersey, despite a high overall departure rate, manages to net over 1,000 new rich young professionals, offering proximity to NYC and suburban living.
🧵 4. Reasons behind young, wealthy individuals flocking to states like Florida and Texas include tech opportunities, warm weather, and zero income taxes.
🧵 5. Meanwhile, New Jersey appeals to young professionals with its proximity to NYC, saving potential, and competitive public schools.
🧵 Read more at: https://www.cnbc.com/2023/08/27/young-rich-workers-flee-new-york-and-californiawhere-theyre-going.html