Why More People Leave New York, New Jersey, Illinois And Connecticut Than Arrive!

By | September 3, 2017

taxes

The citizens of the United States have the right to live in any state that they choose! So why is it that in these four population outflows outweigh inflows?

Quality of life factors, job opportunity’s and cost of living are certainly serious factors in the living location decision-making process, with taxes being a major component in all three of these!

When it comes to the state income tax burden Illinois, New Jersey, New York and Connecticut rank in the top 11 states.

And when it comes to property taxes combined with median home prices, these four states once again prove to be unfriendly to those who live there as the chart below courtesy of howmuch.net shows.

The result…Population Outflows vs. Inflows!

property tax burden by state

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Title Insurance: Do you know everything that you need to know about this critical component of your purchase of refinance?
  • Who is your underwriter?
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If the answer to any of these questions was NO, please read…

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