Money Migrating To Florida

Photo by Josh G on Unsplash

Florida’s balmy weather and friendly tax policies continue to attract new residents.

The Sunshine State brought in $16 billion in additional personal income from new residents in one year alone.

That beats every other state for the 6th year in a row, according to Bloomberg and Crain’s New York Business.

The next runner up, Arizona, added $3.5 billion in personal income for the same period.

The Takeaway: If you already live here, get ready to encounter a little extra traffic on the roads!

About Mari Adam

Mari Adam, Certified Financial Planner™ has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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