Showing posts with label Young Professionals. Show all posts
Showing posts with label Young Professionals. Show all posts

Wednesday, October 26

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...