Massachusetts Loses Billions in Adjusted Gross Income to Florida Migration

Migration out of Massachusetts has seen an alarming increase over the last decade, putting the state in danger of losing billions of dollars in annual revenue as residents flee to Florida and other destinations. A recent study from Boston University’s Questrom School of Business found that net outmigration from Massachusetts has increased by a whopping 1,100 percent to more than 39,000 people since 2013. The researchers now predict that net outmigration could top 96,000 people per year by 2030, with the current top destinations for former residents being Florida, New...