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Tax filers with upper adjusted gross earning (AGIs) have a tendency to transport not up to filers with decrease AGIs. This can be because of quite a lot of causes, together with that taxpayers in upper source of revenue brackets continuously skew older or are extra established of their careers.

Without reference to the reason, IRS migration knowledge presentations that kind of 3% of filers with AGIs between $10,000 and $50,000 moved to another state from 2018 to 2019.

Via comparability, 2.26% of tax filers with AGIs between $100,000 and $200,000 moved throughout state strains all through the similar years. Despite the fact that upper earners is also much less prone to transfer states total, some states have nonetheless noticed somewhat huge influxes of this demographic.

On this learn about, SmartAsset took a better take a look at the place upper-middle-class other people with AGIs between $100,000 and $200,000 are transferring.

The usage of IRS migration knowledge from 2018 to 2019, we when put next the inflows and outflows of upper-middle-class other people for every state and Washington, D.C. We ranked puts in keeping with the online migration of upper-middle-class earners.

To be told extra about our way, learn the Information and Technique segment on the finish. That is our 3rd annual learn about at the states the place upper-middle-class persons are transferring. Take a look at our 2020 version right here.

Following are the states the place upper-middle-class persons are transferring in 2021.

1. Florida

St. Pete Beach, Florida
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Between 2018 and 2019, there used to be a web migration of kind of 19,200 upper-middle-class tax filers to Florida.

Because of this, about 1.1 million upper-middle-class other people filed taxes in 2019, making up 12.85% of all Florida filers.

2. Texas

Dallas, Texas Homes
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Without a state source of revenue tax, Texas has been a hotspot for upper-middle-class other people over the last a number of years.

Maximum just lately, there used to be a web migration of 8,700 upper-middle-class other people to the state from 2018 to 2019.

3. Arizona

Homes in Phoenix, Arizona
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About 17,300 upper-middle-class other people moved to Arizona between 2018 and 2019, whilst kind of 10,100 left.

In general, the online migration of upper-middle-class other people used to be virtually 7,200.

4. North Carolina

Beach vacation home in North Carolina
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Between 2018 and 2019, the online migration of high-earning tax filers to North Carolina used to be 5,395.

Because of this, upper-middle-class filers made up 14.28% of all North Carolina tax filers in 2019.

5. South Carolina

South Carolina beach
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South Carolina follows carefully at the back of North Carolina as a state the place upper-middle-class persons are transferring.

From 2018 to 2019, greater than 11,600 filers with AGIs between $100,000 and $200,000 moved to the state, whilst kind of 6,500 left. In general, the online migration used to be 5,096.

6. Tennessee

Chattanooga, Tennessee
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Like two of the opposite states in our best 5 – Florida and Texas – Tennessee does no longer tax wages and profits, which means that upper-middle-class earners could possibly build up their financial savings fee.

About 11,200 upper-middle-class other people moved to Tennessee between 2018 and 2019, whilst not up to 7,800 left. In general, the online migration of upper-middle-class other people used to be 3,409.

7. Washington

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With a web migration of three,321 upper-middle-class other people, the state of Washington has the very best share out of all of the best 10 states in our listing of the place upper-middle-class persons are transferring.

Consistent with 2019 IRS knowledge, 19.70% of filers earn between $100,000 and $200,000 every year.

8. Idaho

Boise, Idaho neighborhood
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Idaho fell one spot on this yr’s learn about, after score No. 7 in our 2020 learn about.

Alternatively, regardless of hanging at the back of Washington this yr, IRS migration knowledge presentations that the online migration of upper-middle-class other people to Idaho in fact greater between 2017-2018 and 2018-2019.

From 2017 to 2018, there used to be a web migration of two,708 upper-middle-class other people, relative to a web migration of two,887 other people from 2018 to 2019.

9. Nevada

Mesquite Nevada
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Consistent with 2018-2019 IRS migration knowledge, about 7,700 upper-middle-class other people moved to Nevada whilst not up to 5,400 left.

In general, the online migration of the upper-middle category to Nevada used to be 2,360, the ninth-highest in our learn about.

10. Colorado

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Colorado rounds out our listing of best 10 states the place upper-middle category persons are transferring.

Greater than 14,400 upper-middle-class other people moved to the state between 2018 and 2019, whilst fewer than 12,400 left.

In 2019, greater than 18% of tax filers earned between $100,000 and $200,000, the Twelfth-highest fee throughout all 50 states and D.C.

Information and Technique

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Information for this learn about comes from 2018-2019 IRS migration knowledge. To search out the place upper-middle-class persons are transferring, we discovered the inflows and outflows for other people incomes between $100,000 and $200,000 for every state and Washington, D.C.

We then calculated a web migration determine for upper-middle-class filers and ranked all 50 states and Washington, D.C., accordingly.

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