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We’ve recently seen a lot moving data for 2024. In that vein, here is some more; The Tax Foundation is reporting that Americans were on the move in 2024 and they continue to choose low-tax states over high-tax ones – go figure? To come up with their findings they crunched data from the U.S. Census Bureau’s interstate migration data, as well as commercial data from U-Haul and United Van Lines.
“These interstate moving data shed light on an ongoing trend: Americans are continuing to leave high-tax, high-cost-of-living states in favor of lower-tax, lower-cost alternatives. Of the 26 states whose overall state and local tax burdens per capita were below the national average in 2022 (the most recent year of data available), 18 experienced net inbound interstate migration in FY 2024.”
Click here to read the full report at the Tax Foundation.
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