Florida and Texas Big Winners in Pandemic Migration of Wealthy Households
-
Florida and Texas gained the most high-income earners during the pandemic, adding 27,500 and 9,000 families respectively.
-
Idaho, Florida, and Montana saw the fastest growth rates of high-income families.
-
California and New York had the largest net outflows, losing over 45,000 and 31,000 high-earning households.
-
Northeastern states like New Jersey, Massachusetts, New York, and Pennsylvania lost high-income families.
-
Washington D.C. had a net loss of over 2,000 wealthy families between 2020 and 2021.