Florida Top State $200,000 Household Income Relocating

By
Real Estate Agent with TOUCHSTONE REAL ESTATE

First thing lets define two words, immigration is when folks from other countries and relocate to the United States, migration is when people relocate within the United States.  I read an interesting article about household income families making $200,000 and where are they moving.  Florida is in first place almost four times more than second place Texas.  Why?  Let’s start with the weather which was a big reason I moved here, lower taxes are always a good reason plus many decided to move during or right after the pandemic.  Remote working, I believe has added to the migration as why live where you work or live where after work is important.

Here are the numbers for the top 10 states which is based on tax returns file in 2019 and new locations in 2020:

  1. Florida – 20,263
  2. Texas – 5,356
  3. Arizona – 5,268
  4. North Carolina – 4,713
  5. South Carolina – 3,967
  6. Tennessee – 2,743
  7. Colorado – 2,624
  8. Nevada – 2,331
  9. Idaho – 2,055
  10. Utah – 1,503

So being a Florida REALTOR® I say “Come on Down” we have room and see and experience The Villages, Florida!  The Betts Team offers “Experience The Villages” by offering homes for rent for the price of a hotel room.  Our investors have homes available during the off season for short term rentals at a great price.  Call, text or email me for details!

Dick Betts, REALTOR®

The Betts Team

Touchstone Real Estate

The Villages, Florida

717-860-3107 cell

Dick@DickBetts.com

www.DickBetts.com

Comments (2)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Dick. The state rankings do not surprise me and Florida being number 1 is definitely not a surprise. Enjoy your day.

Aug 18, 2022 04:35 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

This is an excellent post with great information. Thanks for sharing it. 

Have a super fantastic week! Bill Salvatore with AEP

Aug 18, 2022 06:20 AM