High-tax state exodus accelerates as more Americans flee to Florida, Texas
Republican-controlled states saw an influx of residents in 2022 as the exodus from high-tax states accelerated.
A growing number of Americans migrated from predominantly blue states with steep taxes like California and New York to red states with lower taxes like Florida and Texas last year, according to new data from the National Association of Realtors (NAR).
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....