TRENTON, NJ – New Jersey is losing people. That state has had a decrease in overall population in recent years, but that decrease could have been worse if not for the COVID-19 baby boom.
Since the COVID-19 pandemic, people have been fleeing New Jersey at a higher rate. According to U-Haul, New Jersey is one of the top exodus states in America. The top states on the list were also all Democrat-run states including California, New York, Michigan, Illinois, and Massachusetts.
New Jersey is the most taxed state in America, also a leading cause for the exodus.
Over the years, many factors have influenced population migration, and New Jersey is no exception. Several reasons can explain the recent trend of residents moving away from the Garden State.
New Jersey, has recently seen a migration trend with more residents leaving than arriving. Although the state experienced a minor population growth due to a baby boom in 2022, other factors highlight why people are opting to depart.
For every 10 moves involving New Jersey, six resulted in departures, and only four saw arrivals. Various reasons have been cited for this outflow:
- Common Reasons: These include concerns about crime, lifestyle choices, family decisions, and political leanings. Notably, 69% of Republicans expressed a desire to leave compared to 47% of Democrats.
- Health Concerns: A significant segment has left due to health reasons, including the desire for a warmer climate and concerns about air quality.
- Traffic and Crowds: Congestion, especially around cities like Newark and Jersey City, which are part of the New York City metro area, is a deterrent.
- Tax Burden: New Jersey’s high property tax is pushing many residents out. With a median property tax rate of about $2,400 for every $100,000 of a home’s value, it’s the highest in the nation.
- Job Opportunities: The high living cost in the state makes job offers from other states more appealing, particularly when combined with lower living expenses elsewhere.
- Education: Interestingly, a significant number of high school graduates from New Jersey opt for colleges outside the state. In fact, only 45% choose in-state colleges, despite reputable institutions like Rutgers and Princeton within the state.
- Weather: Harsh winters have been a driving force behind migrations, with many seeking milder climates.
- Cost of Living: Ranked between 7th and 12th for the highest cost of living in the country, New Jersey residents find many daily expenses, from dining to groceries, considerably higher than states like Mississippi.
- Housing Costs: With an average house costing around $520,000 in 2022, coupled with the nation’s highest property tax, housing in New Jersey is notably expensive.
- Retirement: A large proportion of those leaving are retirees. Cold weather, high living and housing costs, and health concerns have made other states like Florida, South Carolina, and Arizona more appealing for retirement.
This migration trend, driven by the various factors above, underscores the challenges and considerations faced by New Jersey residents today.
Each individual’s or family’s decision to move is multifaceted. It’s crucial to recognize that while New Jersey has seen an outflow of residents for the reasons above, it remains home to many and continues to offer a rich blend of culture, history, and opportunities.