Fleeing to Florida? Top 3 destinations for out-of-state movers

Fox Business News reports:

Florida has become a hotspot for people looking to move within the U.S. – particularly among those hoping to lower Opens a New Window. their tax Opens a New Window. liabilities – but certain areas in the Sunshine State have received more movers than others.

Residents from high-tax states, like New York, New Jersey and Connecticut, have been moving to lower-tax states, like Florida, in droves since the implementation of the Tax Cuts and Jobs Act, which – among other things – capped state and local tax deductions at $10,000.


Florida received more movers than any other state last year, at 566,476 people, according to data from the U.S. Census Bureau. Texas, another no-income tax state, received the second highest amount of movers (524,511). New York had the largest outflows to Florida, while California did to Texas.

Taxes do have consequences for many people.