Escape from New York

It seems that New York is bleeding residents.

“Domestic migration” refers to people who move from one location to another within the United States. It takes into account migrants both into a state and out of it, subtracting immigrants from emigrants to yield the net number of people leaving a state. When that number is high, we can deduce that a state’s problems are prompting its residents to flee for friendlier locales.

From 2001 to 2008, New York lost more than 1.5 million domestic migrants—a larger loss than any other state’s. That’s also the largest percentage loss of any state—more than 8 percent of New York’s 2000 population—even beating out Katrina-ravaged Louisiana.

It’s not surprising that the geriatrics are headed to Florida, but what’s surprising is that it’s statewide problem with the exception of Albany, where they’ve been adding state jobs.

I’m sure there are a host of reasons for this exodus, but the evidence points to taxes, business regulation, and cost of living (affected greatly by the first two) as a significant factor.