New study shows Illinois lost more residents than any state so far this year

(The Center Square) – A new study reveals that the exodus from Illinois continues.

Clever Real Estate teamed up with moving company Allied Van Lines and found that Illinois has had more outbound moves than any other state in the past six months.

The study contradicts claims by Gov. J.B. Pritzker that Illinois is gaining population.

“It makes sense when we analyze the data. Illinois in the past few years passed a really big tax increase so people said they are moving because of that and there is a slightly higher than average violent crime rate,” said Jaime Seale, author of the study.

The study showed that respondents said a desirable place to live would have a low crime rate (46%), affordable homes (43%) and a low cost of living (41%).

- Advertisement -

Predictably, baby boomers care more about tax rates when picking a place to live. The Clever Real Estate study found that 42% say low taxes are one of the most important things in a city or state, compared to just 23% of millennials.

From Jan. 1 to June 30, 2023, Chicago had more outbound moves than any other city, while Phoenix had the most inbound moves, according to Allied Van Lines.

Data from the Internal Revenue Service shows an increased number of wealthy people leaving Illinois in 2021.

Jonathan Williams, chief economist with the American Legislative Exchange Council, says the amount of money that left Illinois is staggering.

“Nearly $11 billion in annual wealth in Illinois was lost, more than the 49 other states on net,” Williams said. “That is just a crushing blow to the future prospects of Illinois turning it around economically.”

The study showed that the most desirable states to live in are Florida and New York, while the least desirable are Alaska and Alabama, with California appearing at the top of both lists.

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

WATCH: Ex-Democrat founds brand to oppose trans athletes in women’s sports

A growing coalition of female athletes are standing up...

Utah governor signs bill to protect women’s privacy

(The Center Square) – Utah Gov. Spencer Cox signed...

Few schools have updates on their evaluations of Trump’s DEI executive order

(The Center Square) – Across the nation, schools that...

Report: A twist on GPA-based growth could help measure school quality

(The Center Square) – When looking for alternative assessments...

Cotton: Tax that works for the nation’s fifth leading producer

(The Center Square) – Paying into a fund monitoring...

‘Unnaceptable breach’:Columbia apologizes for lab with pro-Palestinian sentiment in it

Columbia University expressed regret and apologized for an astronomy...

The Secret To Successful Aging: Outdoor-Based Activities To Keep You Young

Outdoor activities have been shown to be an important...

SEC’s report on Hinman remains under wraps as review continues

President Donald Trump's administration has yet to release a...

More like this
Related

WATCH: Ex-Democrat founds brand to oppose trans athletes in women’s sports

A growing coalition of female athletes are standing up...

Utah governor signs bill to protect women’s privacy

(The Center Square) – Utah Gov. Spencer Cox signed...

Few schools have updates on their evaluations of Trump’s DEI executive order

(The Center Square) – Across the nation, schools that...

Report: A twist on GPA-based growth could help measure school quality

(The Center Square) – When looking for alternative assessments...
Exit mobile version