Americans Are Moving Out Of New Jersey Faster Than Any Other State

[xchrom]

http://www.businessinsider.com/people-are-fleeing-new-jersey-2014-1

New Jersey has now taken the top spot among states that saw net outbound moves for three of the past four years, according to United Van Lines.
The Garden State registered 63.5% of its total moves as outbound, compared with just 36.5% inbound.

The trend predates Superstorm Sandy, which hit in October 2012. United's data show Jersey has been in the top 3 since at least 2006 — and in fact has seen net outbound moves each of the past 37 years.

Here’s Jersey’s “outbound” migration ranking history for the past few years –


2013 – 1

2012 – 1

2011 – 2

2010 – 1

2009 – 3

2008 – 3

2007 – 3

2006 – 3



Read more: http://www.businessinsider.com/people-are-fleeing-new-jersey-2014-1#ixzz2rPkDC5AN

[kristopher]

1. NJ has the highest population density of any state.

They've managed it well, but that management comes at a cost and translates into very high property taxes.
It tends to produce a very high number of retirees that are motivated to sell their homes and move to places where their retirement is enhanced by lower costs of living - especially housing.

[bigdarryl]

2. NJ also has the highest car insurance rates

I'm paying 1800 a year for two vehicles and that's considered a good rate in this state.We also have clost to the highest property taxes in the nation.I know people who are paying 12,000 a year in property taxes.So all this media love affair on Governor Christie isn't telling the full story on NJ's economy

[JustAnotherGen]

4. Our cost of living is outrageous

Whic is why I will never go along with sales tax on clothing. It's the only break a poor or middle class family has here . . .

[JustAnotherGen]

3. +1000

There's no way we would stay here when we retire . . . Our property taxes are a little over 8K a year. My boss has already bought a condo in North Carolina - and yet another couple a decade/two older than my husband and I just closed on a ranch home in Delaware.

Had I not met my husband (business owner so he can't just pull up and leave) I would have taken my home fund, moved back to Rochester NY, outright purchased a house (homes are dirt cheap back home) and probably gotten a transfer to our Henrietta office.

[jberryhill]

5. "Had I not et my husband...."

Wow, I'd hate to be around if you get hungry again.

[dsc]

6. actually that isn't what those stats necessarily say

Without knowing the number of moves, we have no idea if more people are moving out of NJ than say NY.

[TreasonousBastard]

7. I left NJ about 6 years ago and...

the AT&T breakup closed hundreds of their facilities. Research facilities, like ITT, RCA, and, of course, Bell Labs were closing down or rapidly reducing their projects. Drug companies had been moving in, but some were moving units out again.

And so it went...

So, since nobody actually has a dream to move to New Jersey, all those retirements and downsizings would cause a net outflow of population. There was a period when extreme NYC housing costs caused Hudson County to grow, but that couldn't last forever.

And, yes, it costs a bundle to live there. New Jersey, with a little fewer than 9 million people, has 21 counties and over 550 towns-- all with governments, most with police departments, etc, that have to be fed. And, being the state ever competing with Connecticut to be first in personal wealth, the wealthy have the juice to keep their taxes down. So, somebody has to pay.

It was hilarious, sort of, driving west from Newark on one long road I don't remember the name of. The citizens of Newark demanded their streets be plowed at every storm. As you headed west into the pricier towns, the streets got less plowed. Finally, in Upper Montclair, they were untouched and often impassable. Those with the money didn't seem to care about plowed streets-- they just refused to pay the taxes that would have paid to move the snow.