It’s an Empire State of decline.
Beset by high taxes and quality of life woes, 545,498 New Yorkers left for other states in 2022, according to US Census data.
Top destinations included Florida — the most popular choice — followed by New Jersey, Connecticut and Pennsylvania as well as more distant states like Texas and California.
The exodus was partly offset by more people moving to the Empire State in 2022 than any year over the last decade, with 301,000 new residents making the transition.
Despite that uptick, New York still suffered a net population loss of 244,000.
The departures have yet to impact New York City housing costs, with median rents continuing to hover near all-time post COVID-19 highs.
According to a recent report from real estate company Elliman, Manhattan median rents stood at $4,350 in September — up from $4,022 during the same period last year.
The departures have yet to impact New York City housing costs, with median rents continuing to hover near all-time post COVID-19 highs.
According to a recent report from real estate company Elliman, Manhattan median rents stood at $4,350 in September — up from $4,022 during the same period last year.
The departures have yet to impact New York City housing costs, with median rents continuing to hover near all-time post COVID-19 highs.