November 6, 2019
More people are moving out of California to other states, according to the latest report from the U.S. Census Bureau. Estimates of state-to-state migration in 2018 show a widening gap between residents relocating out of the Golden State versus those moving in.
The numbers show a big jump occurred last year, as California residents moved to states such as Texas, Washington, Nevada and Arizona. The Golden State lost an estimated 190,000 residents in 2018 in net domestic migration. That included 86,200 to Texas, 68,500 to Arizona and 55,500 to Washington.
Among the factors driving decisions included thriving tech sectors in Texas and Washington, and the lack of state income taxes in Texas, Washington and Nevada. Another key consideration is California’s soaring home prices. In fact, research by Compass shows the San Francisco Bay Area has the highest home prices in the country.
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