Could rise to 96,000 per year by 2030, costing Massachusetts $19.2 billion in adjusted gross income & $961 million in income tax revenue BOSTON (April 24, 2024) – Annual net outmigration from Massachusetts has soared by a stunning 1,100 percent to 39,000 people since 2013, according to a new Boston University Questrom School of Business study. If the trend continues, the researchers found, the state’s net outmigration could reach 96,000 by 2030. Outmigration cost Massachusetts $4.3 billion in adjusted gross income (AGI) and $213.7 million in tax revenue during the 2020-21 tax year. The majority of that money went to Florida ($1.77 billion), New Hampshire ($1.1 billion), and Maine ($393 million.) Those numbers could rise to $19.2 billion in […]