{"id":13077,"date":"2024-09-04T09:48:28","date_gmt":"2024-09-04T09:48:28","guid":{"rendered":"https:\/\/imsfund.com\/?p=13077"},"modified":"2024-09-04T09:48:28","modified_gmt":"2024-09-04T09:48:28","slug":"people-making-200k-a-year-are-moving-to-these-2-u-s-states","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2024\/09\/04\/people-making-200k-a-year-are-moving-to-these-2-u-s-states\/","title":{"rendered":"People Making $200K a Year Are Moving to These 2 U.S. States"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Americans aged 25 to 34 earn an average annual <a href=\"https:\/\/www.entrepreneur.com\/growing-a-business\/how-to-set-salaries-entrepreneurcom\/159438\" rel=\"follow noopener\" target=\"_self\">salary<\/a> of $56,160, according to data compiled by <a href=\"https:\/\/www.marketwatch.com\/guides\/business\/average-salary-by-age\/\" rel=\"follow noopener\" target=\"_self\">MarketWatch Guides<\/a>.<\/p>\n<p>However, some young <a href=\"https:\/\/www.entrepreneur.com\/living\/more-us-workers-are-mixing-business-and-pleasure\/246748\" rel=\"follow noopener\" target=\"_self\">U.S. workers<\/a> are making that figure several times over \u2014 and relocating to places where their <a href=\"https:\/\/www.entrepreneur.com\/money-finance\/how-to-master-your-wealth-for-business-success\/468417\" rel=\"follow noopener\" target=\"_self\">money<\/a> will go further.<\/p>\n<p>Financial technology company <a href=\"https:\/\/smartasset.com\/data-studies\/where-young-rich-moving-2024\" rel=\"follow noopener\" target=\"_self\">SmartAsset<\/a> pulled IRS data to rank states by the net inflow of &#8220;young and rich&#8221; households \u2014 those aged 26 to 35 earning more than <a href=\"https:\/\/www.entrepreneur.com\/starting-a-business\/laid-off-from-meta-he-took-his-side-hustle-to-200k-a-year\/472868\" rel=\"follow noopener\" target=\"_self\">$200,000 a year<\/a> \u2014 to find out where they&#8217;re leaving and going.<\/p>\n<p><b>Related: <a href=\"https:\/\/www.entrepreneur.com\/money-finance\/experts-top-money-secrets-for-happiness-success-and-goals\/478714\" rel=\"follow noopener\" target=\"_self\">&#8216;Finances Fuel Life Goals.&#8217; These Top Money Secrets Can Make You Happier and More Successful, According to an Expert.<\/a><\/b><\/p>\n<p>California experienced the largest exit of young and <a href=\"https:\/\/www.entrepreneur.com\/business-news\/what-is-considered-rich-25-million-minimum-americans-say\/478859\" rel=\"follow noopener\" target=\"_self\">wealthy<\/a> households in 2022, with more than 3,000 departures, per the study. Illinois saw the second-highest loss at 1,323.<\/p>\n<p>Meanwhile, young <a href=\"https:\/\/www.entrepreneur.com\/starting-a-business\/my-side-hustle-made-over-400k-on-top-of-my-6-figure-salary\/470905\" rel=\"follow noopener\" target=\"_self\">high-earners<\/a> are relocating to <a href=\"https:\/\/www.entrepreneur.com\/business-news\/5-reasons-why-florida-is-the-best-place-for-business\/362691\" rel=\"follow noopener\" target=\"_self\">Florida<\/a> and Texas; both states attracted more than double the young, rich households as any other state, with net gains at 1,786 and 1,660, respectively, according to the data.<\/p>\n<p>Half of the states witnessing an influx of young, rich households have <a href=\"https:\/\/www.entrepreneur.com\/money-finance\/9-states-with-no-income-tax-everything-to-know\/441560\" rel=\"follow noopener\" target=\"_self\">no state income tax<\/a>, SmartAsset reported.<\/p>\n<p><b>Related: <a href=\"https:\/\/www.entrepreneur.com\/money-finance\/how-debt-and-taxes-can-make-smart-entrepreneurs-rich\/293759\" rel=\"follow noopener\" target=\"_self\">How Debt and Taxes Can Make Smart Entrepreneurs Rich<\/a><\/b><\/p>\n<p>Check out SmartAsset&#8217;s full ranking of the top 10 states that gained the most young and rich households below:<\/p>\n<p><b>1. Florida<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 1,786<\/li>\n<li>Outflow of young and rich households: 2,084<\/li>\n<li>Inflow of young and rich households: 3,870<\/li>\n<li>Total young and rich tax returns filed: 33,456<\/li>\n<li>Average AGI of young and rich households in the state: $526,273<\/li>\n<\/ul>\n<p><b>2. Texas<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 1,660<\/li>\n<li>Outflow of young and rich households: 3,376<\/li>\n<li>Inflow of young and rich households: 5,036<\/li>\n<li>Total young and rich tax returns filed: 65,904<\/li>\n<li>Average AGI of young and rich households in the state: $405,215<\/li>\n<\/ul>\n<p><b>3. Colorado<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 720<\/li>\n<li>Outflow of young and rich households: 1,417<\/li>\n<li>Inflow of young and rich households: 2,137<\/li>\n<li>Total young and rich tax returns filed: 19,911<\/li>\n<li>Average AGI of young and rich households in the state: $389,859<\/li>\n<\/ul>\n<p><b>4. North Carolina<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 521<\/li>\n<li>Outflow of young and rich households: 1,294<\/li>\n<li>Inflow of young and rich households: 1,815<\/li>\n<li>Total young and rich tax returns filed: 18,817<\/li>\n<li>Average AGI of young and rich households in the state: $375,057<\/li>\n<\/ul>\n<p><b>5. Washington<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 383<\/li>\n<li>Outflow of young and rich households: 3,088<\/li>\n<li>Inflow of young and rich households: 3,471<\/li>\n<li>Total young and rich tax returns filed: 50,509<\/li>\n<li>Average AGI of young and rich households in the state: $389,713<\/li>\n<\/ul>\n<p><b>Related: <a href=\"https:\/\/www.entrepreneur.com\/growing-a-business\/how-to-seamlessly-relocate-your-business-to-another-state\/475187\" rel=\"follow noopener\" target=\"_self\">Relocating Your Business Can Be Complicated \u2014 Here&#8217;s Your Step-by-Step Guide to a Seamless Move<\/a><\/b><\/p>\n<p><b>6. South Carolina<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 372<\/li>\n<li>Outflow of young and rich households: 399<\/li>\n<li>Inflow of young and rich households: 771<\/li>\n<li>Total young and rich tax returns filed: 6,120<\/li>\n<li>Average AGI of young and rich households in the state: $370,613<\/li>\n<\/ul>\n<p><b>7. Tennessee<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 347<\/li>\n<li>Outflow of young and rich households: 704<\/li>\n<li>Inflow of young and rich households: 1,051<\/li>\n<li>Total young and rich tax returns filed: 10,438<\/li>\n<li>Average AGI of young and rich households in the state: $451,633<\/li>\n<\/ul>\n<p><b>8. New Jersey<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 300<\/li>\n<li>Outflow of young and rich households: 3,135<\/li>\n<li>Inflow of young and rich households: 3,435<\/li>\n<li>Total young and rich tax returns filed: 35,294<\/li>\n<li>Average AGI of young and rich households in the state: $388,643<\/li>\n<\/ul>\n<p><b>9. Arizona<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 192<\/li>\n<li>Outflow of young and rich households: 802<\/li>\n<li>Inflow of young and rich households: 994<\/li>\n<li>Total young and rich tax returns filed: 10,992<\/li>\n<li>Average AGI of young and rich households in the state: $518,274<\/li>\n<\/ul>\n<p><b>10. Nevada<\/b><\/p>\n<ul>\n<li>Net migration of young and rich households: 162<\/li>\n<li>Outflow of young and rich households: 464<\/li>\n<li>Inflow of young and rich households: 626<\/li>\n<li>Total young and rich tax returns filed: 4,764<\/li>\n<li>Average AGI of young and rich households in the state: $731,304<\/li>\n<\/ul><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/money-finance\/people-making-200k-a-year-are-moving-to-these-2-us-states\/479313\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Americans aged 25 to 34 earn an average annual salary of $56,160, according to data compiled by MarketWatch Guides. However, some young U.S. workers are making that figure several times over \u2014 and relocating to places where their money will go further. Financial technology company SmartAsset pulled IRS data to rank states by the net [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13078,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1725390099-GettyImages-1775172436.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-13077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=13077"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13077\/revisions"}],"predecessor-version":[{"id":13079,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13077\/revisions\/13079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/13078"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=13077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=13077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=13077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}