Wealthy millennials are flocking to Florida and Texas—and no one wants to live in New York or California

High-earning millennials are flocking to Florida and Texas, as these states with no income tax are the top destinations for young professionals earning at least $200,000 a year, while New York and California experience the biggest net losses in this demographic.

yahoo.com

Relevant topic timeline:

8/24/2023

Canadian Millennials Are Failing To Keep Up, Putting The Economy At Risk: RBC - Better Dwelling

Canadian Millennials are struggling financially compared to previous generations, with higher levels of debt, stagnant incomes, and less disposable income, which could amplify the impact of an economic downturn, while Boomers are faring much better.

8/27/2023

Young, rich workers are fleeing New York and California—here's where they're going

Florida is the top state attracting and retaining young, wealthy professionals, followed by Texas and New Jersey, according to a study by SmartAsset.

8/28/2023

Young and wealthy Californians leaving the region for other states, study says

A recent study reveals that young and affluent residents are leaving California, New York, and Illinois, with Florida and Texas being the top destinations for relocation among this demographic.