Story perspectives

Texas, Florida Surge; California, NY Lose Billions Ahead Midterms

5/26/2026

Summary

Story summary

Texas and Florida led inbound migration in 2022-2023, gaining over 56,000 residents and 55,000 filers and adding $20.6 billion and $5.5 billion in taxable income.
South Carolina posted the largest per-capita gain at 1.12%, with 29,000 households contributing $4.1 billion in taxable income.
Loss of 100,000 filers and $12 billion in California and 72,000 households and $19.2 billion in New York, Illinois and New Jersey is reshaping markets, economies and representation before the 2026 midterms.

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Story summary

Texas and Florida led inbound migration in 2022-2023, gaining over 56,000 residents and 55,000 filers and adding $20.6 billion and $5.5 billion in taxable income.
South Carolina posted the largest per-capita gain at 1.12%, with 29,000 households contributing $4.1 billion in taxable income.
Loss of 100,000 filers and $12 billion in California and 72,000 households and $19.2 billion in New York, Illinois and New Jersey is reshaping markets, economies and representation before the 2026 midterms.