Tag Archive for: IRS Data
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Study: Net Out-Migration of Wealth from Massachusetts Nearly Quintupled from 2012-2021
IRS data reveals that net out-migration from Massachusetts is accelerating rapidly and is greatest among affluent residents who pay the most in state taxes, according to a Pioneer Institute analysis. Between 2019 and 2021, Massachusetts rose from ninth to fourth among all states in net out-migration of wealth, behind only California, New York, and Illinois.
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Emigration from Massachusetts is at a Decade High, Despite Booming Economy and High Standard of Living
The economy is doing great, so why are people leaving Massachusetts?