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Saturday, March 25, 2023

Illinois ahead of US in exits: 8th year of loss

Illinois reported the largest migration of residents of any state during 2021, marking the 8th consecutive year of population decline in Illinois. Similarly, Chicago saw more residents moving away than any other metropolitan area in the country.

illinois saw biggest departure A new study found that the number of residents in the state in the country during 2021, with 68% of Illinois, who moved in by saying goodbye and moving to more affordable places.

Allied Van Lines and Zillow’s annual migration report found that this trend was reflected in the state’s largest city, Chicago, which reported the most outbound movements of any metropolitan area in the country.

The 2021 report marks a record-setting eighth year in a row Population decline for Illinois.

Most residents leaving Illinois traveled to states with warmer climates, where housing prices were significantly cheaper. South Carolina, Tennessee and North Carolina rank highest for inbound moves nationally.

The report found that the majority of Chicagoans leaving the state were most likely to reside in Phoenix, Los Angeles or Houston.

census data shows that the population of Illinois declined by 113,776 from July 1, 2020 to July 1, 2021. No other Midwestern or neighboring state has seen a population decline of more than 17,000.

The major reasons Illinoisans have chosen to leave the state are for better housing and employment opportunities, both made worse by poor public policy in Illinois.

Nearly half of Illinois residents have thought about moving away, citing higher taxes. number 1 reason, The decline in population also contributes to the state’s lower economic prospects, as working-age families leave and fewer residents are left to bear the tax burden.

United Van Lines 2020 State Migration Report showed that the majority of residents who left were in the highest income bracket of Illinois. The study also indicated that there has been a gradual increase in the number of residents leaving over time.

Census data confirm that Illinois’ population decline hit a record low in 2021, meaning more Illinoisans than ever were voting on residents with their feet up against cost-increasing policies.

pride of country highest tax ratessecond-highest property taxsecond-highest gas tax And nation-leading pension loanIt’s little wonder why Illinois is also leading the country, losing residents.

No matter how bad it is, if public associations get their way and voters approve on Nov. Revision 1, property tax and other taxes will go out of control. Changes to the Illinois Constitution would protect the power of the union and prevent it from being curtailed, meaning union demands for a wide range of subjects could lead to strikes as state and local governments were forced to meet those demands by taxpayers. turns towards.

World Nation News Desk
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