Annual Massachusetts Outmigration Hits 39,000, Up 1,100% Over The Last Decade: BU Study
Could rise to 96,000 per year by 2030, costing Massachusetts $19.2 billion in adjusted gross income & $961 million in income tax revenue
“To make matters worse, those who are leaving tend to be younger and earn more than state averages,” said Boston University Questrom School of Business primary researcher and lecturer Mark Williams. “These are the people the Commonwealth needs to bolster its future workforce.”
The age group leaving in the largest numbers is 26-34, although most of the lost AGI comes from the departures of those aged 55-64. More than half of people who exited Massachusetts earn well over the state average.
Income tax, housing costs, and costs of health care are the largest drivers of outmigration, according to the study. The 11 states to which Massachusetts lost the bulk of its departing residents all scored better in those categories. Eight of the 11 states scored better in housing burden (the proportion of household income allocated to housing costs).
Let me add for the benefit of a frequent commenter, that those that leave are also better looking and smarter… happy now?
Better looking, smarter, and very popular with the opposite sex. You forgot that part.
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I’m telling your wife.
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There’s a choice, actually. All exes, though. Good luck finding one…🤪
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