- 07 Feb 2024 02:13
#15303701
There is a migration pattern in the U.S. -- People are leaving West Coast cities in California and moving to the South, especially to Texas and Florida.
California tends to be a much more progressive Left-leaning state, politically, whereas the South is more conservative and is more Right-leaning.
Does this large movement of people away from West Coast cities in California show something about the Left's policies?
(For those who may not be aware, the state of California contains about half the total population that lives in the Western United States, more people than the 21 least populated states combined together)
Single HENRYs are fleeing West Coast cities like San Francisco and Los Angeles for the Sunbelt
("HENRY" stands for "High Earners, Not Rich Yet".)
A disproportionate share of these movers are high-income and unmarried, the report found. Among nearly all of the 26 metro areas analyzed, at least 90% of moves in were single-person households. Among those moving from the West to the South, over 40% had income above $125,000.
Between April 2020 and July 2023, the South's population increased by 3.9 million people, Census Bureau data shows. Cities in Florida and Georgia, and Texas cities like Austin and San Antonio, among many others, have seen big spikes in population. This has been primarily driven by domestic migration, with a smaller boost from international migration.
The West is seeing its share of the US population decline for the first time since the 1940s. The West has seen a decline in domestic migration but increases in international migration.
Housing costs are a major reason people are leaving West Coast cities for the Sunbelt. The median price of a home in San Francisco is $1.2 million, while the median price in Phoenix is $445,000 and $416,000 in Tampa.
Single HENRYs are fleeing West Coast cities like San Francisco and Los Angeles for the Sunbelt, study finds , Eliza Relman, Noah Sheidlower, Feb 6, 2024
California tends to be a much more progressive Left-leaning state, politically, whereas the South is more conservative and is more Right-leaning.
Does this large movement of people away from West Coast cities in California show something about the Left's policies?
(For those who may not be aware, the state of California contains about half the total population that lives in the Western United States, more people than the 21 least populated states combined together)
Single HENRYs are fleeing West Coast cities like San Francisco and Los Angeles for the Sunbelt
("HENRY" stands for "High Earners, Not Rich Yet".)
A disproportionate share of these movers are high-income and unmarried, the report found. Among nearly all of the 26 metro areas analyzed, at least 90% of moves in were single-person households. Among those moving from the West to the South, over 40% had income above $125,000.
Between April 2020 and July 2023, the South's population increased by 3.9 million people, Census Bureau data shows. Cities in Florida and Georgia, and Texas cities like Austin and San Antonio, among many others, have seen big spikes in population. This has been primarily driven by domestic migration, with a smaller boost from international migration.
The West is seeing its share of the US population decline for the first time since the 1940s. The West has seen a decline in domestic migration but increases in international migration.
Housing costs are a major reason people are leaving West Coast cities for the Sunbelt. The median price of a home in San Francisco is $1.2 million, while the median price in Phoenix is $445,000 and $416,000 in Tampa.
Single HENRYs are fleeing West Coast cities like San Francisco and Los Angeles for the Sunbelt, study finds , Eliza Relman, Noah Sheidlower, Feb 6, 2024