The Big Shrink that started in 2020 hasn’t stopped, and there are myriad draws to other states, from politics to finances.
“The state is projecting growth is going to resume,” McGhee said.
That said, as McGhee noted, the state has projected population growth will resume as early as next year, and that by 2030 the population could top 42 million.Several years of polling from the Public Policy Institute and others have found people moving away from California offer similar reasons – house prices, family and jobs.A PPIC survey from last year found 56% of people who said they disapprove of Gov.
Since 2015, home prices in Ada, Idaho have jumped 136% while wages have increased 44%. During the same period in Los Angeles County, home prices rose 68% and wages rose 36%. And, on a state level, the gap between home prices and wages has grown wider in all five states wooing the most Californians than it has in California.
But personal income tax is only part of the picture. When factoring in various other ways states pull money out of their residents – including everything from property and sales taxes to licensing fees – all of the move-to states try to offset their lack of income tax, according to a report from the Census Bureau. California’sranks highest, at 9.2% of the average income, but Nevada, 8.3%, Texas, 8.2%, Idaho, 7.9%, Arizona, 7.7% and Florida, 6.7%, are all within shouting distance.
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