NYC politics
fromThe Hill
1 day agoNew York exodus: High costs, taxes drive residents to Florida
Politicians often change their rhetoric when faced with reality, as seen in Kathy Hochul's response to New Yorkers leaving for Florida.
"Domestic migration patterns continue to redistribute the population from the largest counties to less populous ones. Collectively, the 50 counties with 1 million or more people in 2025 had a net domestic migration loss of 637,634."
The Census Bureau estimates indicate how the population changed in the 387 US metro areas from July 1, 2024, to July 1, 2025. Most experienced at least some population jump, but at a cooler pace than the same period a year earlier, mainly due to smaller net international migration.
As we move into a new year, the data shows that people are being much more strategic about where they move. While the massive surge of migration to the Sunbelt remains a primary driver of growth, moving to a particular state or region is taking a back seat to moving to very specific neighborhoods.
Venture capital firms, hedge funds, crypto companies, and tech startups have relocated from San Francisco and New York, drawn by zero state income tax, a business-friendly regulatory environment, and a growing talent base. The city's ecosystem now spans fintech, AI, defense tech, and crypto, creating ripple effects for regional banks, payment networks, homebuilders, and data infrastructure companies.
Household growth is one of the most direct indicators of housing demand. When you add 357,000 households in 10 years, that's about 357,000 additional housing units that needed to be absorbed by the market, whether it's rental or ownership. That's real demand because these households need a shelter.
The highest compensation comes from the Ascend West Virginia program, which is worth more than $23,000, according to the study. To receive the package-which includes $12,000 in cash, a free coworking space, and outdoor gear rentals, among other perks-you must be 18 or older and have a full-time remote job for a company outside of the state.
The city of St. Cloud was rated the "biggest boomtown" in the Sunshine State thanks to the thousands of people who have been drawn to the growing lakeside community over the past decade, according to new data from personal finance resource GOBankingRates. In fact, the company noted the city has seen a 49.3 percent increase in population from 2015 to 2023. That's coupled with a 33.9 percent increase in per capita income, which was $28,985 in 2023.
Despite challenges like continued margin pressure and housing inventory constraints, the report said that brokerage leaders remain optimistic, adding that the 2026 results mark a shift from the uncertainty recorded in previous years. The 2026 outlook shows confidence has not faded. It has hardened, Minard said. Brokerage leaders now expect growth while staying focused on pricing pressure, margins, and execution.
In its analysis, the firm said it screened more than 10,000 Census-designated places in the largest 100 metro areas of the country, and chose from cities that had at least 500 active home listings in the last year. Its ranking also considered factors like housing availability, whether the city had a community of young people, the average estimated commute time, and affordability, which was weighted as one of the most important factors in Realtor.com's analysis.