![]() ![]() However, despite placing behind Washington this year, IRS migration data shows that the net migration of upper-middle-class people actually increased between 19. Idaho fell one spot in this year’s study, after ranking No. With a net migration of 3,321 upper-middle-class people, the state of Washington has the highest percentage out of all the top 10 states in our list of where upper-middle-class people are moving. In total, the net migration of upper-middle-class people was 3,409. About 11,200 upper-middle-class people moved to Tennessee between 20, while less than 7,800 left. Like two of the other states in our top five – Florida and Texas – Tennessee does not tax wages and earnings, meaning that upper-middle-class earners may be able to increase their savings rate. From 2018 to 2019, more than 11,600 filers with AGIs between $100,000 and $200,000 moved to the state, while roughly 6,500 left. South Carolina follows closely behind North Carolina as a state where upper-middle-class people are moving. As a result, upper-middle-class filers made up 14.28% of all North Carolina tax filers in 2019. If you recently moved to Arizona and are looking for some financial help, check out our list of the top financial advisors in the state.īetween 20, the net migration of high-earning tax filers to North Carolina was 5,395. In total, the net migration of upper-middle-class people was almost 7,200. Most recently, there was a net migration of 8,700 upper-middle-class people to the state from 2018 to 2019.Ībout 17,300 upper-middle-class people moved to Arizona between 20, while roughly 10,100 left. With no state income tax, Texas has been a hotspot for upper-middle-class people over the past several years. As a result, about 1.1 million upper-middle-class people filed taxes in 2019, making up 12.85% of all Florida filers. From 2018 to 2019, there were net migrations of 3,447 and 807 upper-middle-class tax filers out of Maryland and Alaska, respectively.īetween 20, there was a net migration of roughly 19,200 upper-middle-class tax filers to Florida. However, filers with AGIs in that range are leaving both states. More than one in five tax filers in Maryland and Alaska earn between $100,000 and $200,000.
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