Florida. Not Just for the Extreme Wealthy.
Faye Dunaway, Jimmy Buffett, Ariana Grande, Dwayne “The Rock” Johnson and Michael Jordan are all celebrity residents of Florida. Turns out, it’s not only the uber wealthy that move to the sunshine state. Known for attracting retirees for many decades, Florida is clearly finding more success at drawing in working-age residents. Florida leads the nation in attracting residents, with 808,789 new arrivals in 2018, according to U.S. Census Bureau data recently released. These new arrivals have the power to tip the scales for everything from real estate trends to elections. (Florida is largest swing state in America, where elections are often decided by pencil-thin margins.)
Check out these amazing stats! The below represents the new residents that moved to Florida in 2018 from each state. The economic status of these newbies range from middle class to the extreme wealthy. And, this upward trend continues to climb.
New York: 63.0K
Puerto Rico: 44.7K
Georgia: 35.4K
Virginia: 31.8K
Pennsylvania: 31.7K
New Jersey: 30.1K
Illinois: 27.6K
International: 173.0K
Florida’s population change is a +13.3% from 2017, indicting significant growth as well. On the flip side, listed below are the states that are losing population.
States where populations declined from July 2017 to July 2018, with red-highlighted states that are losing these residents to Florida:
Connecticut
Alaska
Mississippi
Hawaii
Louisiana
West Virginia
Illinois
New York
Florida is no longer simply for the wealthy and retirees, although this trend is steadily increasing as well. All walks of life from this ever-expanding list of the states and other countries are calling Florida home. Is Florida the hottest real estate pick for you?
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