The pandemic saw a spike in taxpayers leaving the Empire State.
A report released by State Comptroller Tom DiNapoli found more than one of every 100 resident personal income tax filing New Yorkers left the state in 2020 with net out-migration quadrupling from 2019. The report goes on to say the spike was led by people leaving New York City.
For 2021, the number of those leaving declined but was still 1/3 greater than the pre-pandemic average.
“The pandemic upended everyone’s life and caused a big shift in the movement of New York taxpayers in 2020,” DiNapoli said. “While patterns shifted closer to pre-pandemic trends in 2021, net out-migration rates remained higher, particularly for families. Policy makers need to make sure the state remains an attractive, affordable place to work and to live. Doing so will help maintain the state’s largest revenue source to ensure vital services continue in order to provide a high quality of life for all New Yorkers.”
The greatest number of those leaving were single filers.
The full report can be viewed here.
.jpg){kind=link}