Wealthy New Yorkers have been fleeing to Florida — but many are opting to rent instead of putting down roots

Coronavirus

South  Florida  didn’t just win the  COVID-19 pandemic-era migration boom ; it hit the jackpot. As money drained out of old strongholds like  New York , the Sunshine State netted $20.65 billion in annual adjusted gross income from tax filers who moved between 2019 and 2023.  Greater Miami  alone pulled in $10.5 billion,  according to newly released IRS data . By 2023, the average out-of-state mover arriving in the Magic City was making $178,382. That’s the kind of income you might expect to

Tag-uri: Coronavirus