Texas was a big winner in interstate migration from 2000 to 2010, gaining $17.6 billion in new personal income

Texas was one of the big winners in the interstate movement of people and their related income in the last decade, according to new data from the Tax Foundation.

When a person moves to a new state, his or her income is added to all other incomes in that state. That helps the new state’s total taxable income and hurts the overall income in the state that the person left.

Florida benefited the most from this migration, with newcomers bringing a net $67.3 billion of adjusted gross income from 2000 to 2010. Arizona was No. 2 ($17.7 billion) and Texas was No. 3 ($17.6 billion)

Full article and chart in Sheryl Jean’s article at the Dallas Morning News.


About bobbyfletcherhomes

I am a licensed Realtor in the Great State of Texas, specializing in residential sales, leasing and property management in North Dallas and northern suburbs - exciting places like Frisco, McKinney, Plano, Little Elm and Carrollton.
Gallery | This entry was posted in Dallas Real Estate News, Financial News, Texas Business and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s