Young Professionals Leaving California and New York

Young professionals who make more than $100,000 have started to flee California and New York, and the prices that go with them.

Instead, they’re going home, according to a study done by SmartAsset. In fact, analysis by the Census Bureau and Harvard University earlier this year found that 80% of young adults now live less than 100 miles from where they grew up.

Looking at adults under 35 who earn $100,000-plus per year, SmartAsset examined the inflow and outflow of wealthy young professionals from state to state between 2019 and 2020: 

Where did they leave? 

And where did they go?

It’s time to cue up the map app and take a closer look.

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Texas
In 2019-2020, Texas ranked the most popular destination. Roughly 15,000 came into the state and only about 11,200 left for a net inflow of about 3,800, according to SmartAsset.  READ MORE...