Real Estate & Home

New Map Shows Extent of Post-Pandemic Wealth Migration-With Billions Flowing Into Florida

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Florida gained $20.65 billion in annual adjusted gross income from high-earning newcomers, more than any other U.S. state in 2023, according to IRS data analyzed by Realtor.com. This trend highlights how economic migration is driven by affordability and housing supply, with states like Florida and Texas attracting wealth despite slowing growth rates compared to their pandemic peaks.

Read the full article at Realtor.com Blog

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