More People Are Leaving New Jersey Than Almost Any Other State But Here’s Why It’s Not All Bad
For the past five years, New Jersey has lost a larger percentage of its population than any other state. For the first time in half a decade, we rank number two on this list, with Illinois being the number one state facing a mass emigration. Still, over sixty percent of New Jersey moves in 2017 were residents moving out, not in. This isn’t a great thing. It often means less tax revenue and decreased purchasing power, but it isn’t all bad.
So, why are people leaving? It’s mainly the cost of living. Young people are leaving to find jobs in more affordable states (like Vermont, Washington and Colorado) while older residents are retiring and want to make the most of their savings. Retirees currently make up the bulk of residents leaving New Jersey, and they’re flocking to warmer states including Florida, California and North Carolina.
Others still are heading to more budget-friendly Pennsylvania, and commuting into New Jersey for work every day. Counties losing the most residents include Bergen and Passaic. Of course, new residents move in. In 2014, 400,000 people may have left our state but over 350,000 moved in…the deficit was just around 33,700. Where are we getting residents from? All over, including New York City (unsurprisingly).
Sure, it’s sad to see people leave but the Garden State still has a lot going on. I’m going to make the most out of all we have to offer! What do we have to offer? Oh, just spectacular scenery, whimsical antique shops, and the largest planetarium in North America, for starters.