Leaving Town by Aaron M. Renn, City Journal Special Issue 2013
Aaron M. Renn
Metro New York hemorrhaged $49 billion during the 2000s as residents sought opportunity elsewhere.
Special Issue 2013
Metro New York hemorrhaged $49 billion during the 2000s as residents sought opportunity elsewhere.
Special Issue 2013
The New York metropolitan region is losing people. Though the region and New York City itself continue to grow overall because they have more births than deaths, the Census Bureau estimates that the metro area lost almost 2 million net domestic migrants during the 2000s; that is, 2 million more people left the area for other parts of America than moved there from other parts of America. The region offset part of that loss with a nation-leading net gain of more than 1.1 million internationalimmigrants over the same period. But it wasn’t enough: the region’s total net loss of people to migration amounted to 858,000. And the trend has continued into the new decade, with the New York metro area hemorrhaging another 254,000 net domestic migrants since 2010, even as the economic downturn has slowed migration generally within the United States.
When people leave a city, they take their incomes with them, of course. The Internal Revenue Service lets us track the flight of income by publishing migration data based on tax returns. According to the IRS, metro New York suffered a net loss of 1.4 million domestic migrants between 2000 and 2010. (The IRS’s emigration tally is smaller than the census’s because not everyone files a return.) During the 2000s, domestic emigrants took $49 billion to other parts of the country. The cumulative loss, as the years pass and people keep heading for the exits, is staggering.
Many of these residents go to the Sunbelt. During the 2000s, the Miami metro area was the Number One destination for both New Yorkers and their income, sucking away more than 125,000 people over the decade and $6 billion worth of income. (Metro New York lost $14.8 billion in income to Florida as a whole, making it the top state in grabbing New York income.) Of the ten regions that attracted the most New Yorkers, four more were in the Sunbelt: Orlando, Atlanta, Tampa–Saint Petersburg, and Charlotte. New York also lost significant numbers of migrants to the nearby Poughkeepsie and Bridgeport metro areas, though these closer migrations are best understood as a type of far-flung suburbanization. The ten areas that attracted the most New York money included all of those five Sunbelt regions except Charlotte, while second and third place went to nearby Bridgeport–Stamford (home of wealthy, hedge-fund-dominated Greenwich) and Poughkeepsie.
Migratory patterns shifted over the course of the 2000s. During the first half of the decade, for example, more people left metro New York for California than for Texas, but from 2005 on, Texas overtook California. ...
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When people leave a city, they take their incomes with them, of course. The Internal Revenue Service lets us track the flight of income by publishing migration data based on tax returns. According to the IRS, metro New York suffered a net loss of 1.4 million domestic migrants between 2000 and 2010. (The IRS’s emigration tally is smaller than the census’s because not everyone files a return.) During the 2000s, domestic emigrants took $49 billion to other parts of the country. The cumulative loss, as the years pass and people keep heading for the exits, is staggering.
Many of these residents go to the Sunbelt. During the 2000s, the Miami metro area was the Number One destination for both New Yorkers and their income, sucking away more than 125,000 people over the decade and $6 billion worth of income. (Metro New York lost $14.8 billion in income to Florida as a whole, making it the top state in grabbing New York income.) Of the ten regions that attracted the most New Yorkers, four more were in the Sunbelt: Orlando, Atlanta, Tampa–Saint Petersburg, and Charlotte. New York also lost significant numbers of migrants to the nearby Poughkeepsie and Bridgeport metro areas, though these closer migrations are best understood as a type of far-flung suburbanization. The ten areas that attracted the most New York money included all of those five Sunbelt regions except Charlotte, while second and third place went to nearby Bridgeport–Stamford (home of wealthy, hedge-fund-dominated Greenwich) and Poughkeepsie.Migratory patterns shifted over the course of the 2000s. During the first half of the decade, for example, more people left metro New York for California than for Texas, but from 2005 on, Texas overtook California. ...
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