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Young professionals fleeing New York and California

According to a study conducted SmartAsset, workers who are under the age of 35 and earn $100,000 or more a year, are abandoning states which have embraced left-wing ideologies, the New York Post reports.

SmartAsset gained this information from studying data from tax returns submitted to America’s IRS.

In other words, these woke states are being abandoned by a key demographic, young, rich taxpayers.

The New York Post reports on the findings:

New York had the largest net outflow of young professionals — 15,788, the study found. A whopping 28,741 moved out, while 12,953 moved to the state. […]

California saw the second-highest net outflow of young professionals. In 2019 and 2020, 20,568 young professionals moved to the state, but 28,528 left, according to the SmartAsset study, making for a net outflow of 7,960.

Illinois has also been hemorrhaging under-35 workers, the study found. The Prairie State lost 9,386 young professionals while gaining just 6,527 — a net outflow of 2,859. Several large companies have recently announced they were moving their headquarters out of Chicago, citing soaring levels of crime.

READ: ‘Rich young professionals’ flee New York, California in droves: study

1 Comment

  1. Pingback: Young professionals fleeing New York and California — – New Human New Earth Communities

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