The Great Northeast Exodus — How High Taxes Are Driving Away Billions

New York and New Jersey lost $140 billion in income in just one decade.

Call it moving van economics — and New York and New Jersey are the losers.

A new analysis from my organization, Unleash Prosperity, of the latest census and income tax data finds these two states have lost more residents over the past decade than any other state not named California.

From 2015 to 2024, New York has lost 2 million residents.

These are giant population losses from two of America’s leading industrial and financial centers throughout the 20th century.