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When it comes to wanting to downsize and lower expenses for retirement, it makes good sense to leave this crappy state because of the ridiculous high real estate taxes (among other things)...
Yeah I was reading the story of a former NJ mayor of a small town, who was paying 32k+ a year in property taxes. He sold his house, moved to FL and bought something in FL and he was paying like 2k a year in property taxes. many Midwest states are like that-too high property taxes.
Orbital slingshot effect, maybe?
Unless you crash directly into Christie or cross the event horizon, you will be flung outward on a hyperbolic (non-closed) trajectory.
In all, United said it tracked 4,003 moves out of New Jersey in 2014 compared to 2,169 inbound.
wow. A net migration of 1834 households. That is insane.
"In Oregon, nearly two-thirds (66) percent of the moves are inbound,"
I moved to OR. 4 years ago to get away from the Bible thumping,Redneck,White Trash,Rep/Con/Teas in GA.
One shouldn't talk about his family.
I moved to OR. 4 years ago to get away from the Bible thumping,Redneck,White Trash,Rep/Con/Teas in GA.
You should be okay, unless you go Medford, Boring, Ashland, Gresham, Creswell, Springfield, Grass Pants, Coos Bay, Seaside, Salem, The Dalles, Pendleton, Sutherlin, Roseburg, Albany, Cottage Grove, or Wilsonville. Other than those places, you're all set.
In all, United said it tracked 4,003 moves out of New Jersey in 2014 compared to 2,169 inbound.
As a very small part of that statistic, I can say getting out was a very good move.
You should be okay, unless you go Medford, Boring, Ashland, Gresham, Creswell, Springfield, Grass Pants, Coos Bay, Seaside, Salem, The Dalles, Pendleton, Sutherlin, Roseburg, Albany, Cottage Grove, or Wilsonville. Other than those places, you're all set.
Redneck? Ashland? Gresham? Medford? Seaside? WTF. Did you just go over the map of OR and pick out all the towns except portland and eugene? East of the Cascades (except madras/redmond/bend of course) especially pendalton to baker city through the blue mountains is pretty conservative , but not even close to bible thumping, redneck, white trash, rep/con/teas southern/midwestern conservative. West of the cascades the willamatte valley from portland to eugene on up the siskiyou and west of the coast ranges along the pacific beach towns are mostly pretty liberal places. Roseburg and coos bay are exceptions to that.
The property taxes alone are reason enough to not live in NJ. their state pensions are really out of line. They should make the state employees get 401K's just like everyone in private industry.
When it comes to wanting to downsize and lower expenses for retirement, it makes good sense to leave this crappy state because of the ridiculous high real estate taxes (among other things)...
That's true, I read 30% of pension checks in New Jersey go to Florida addresses. However, 42% were also moving for the reason of jobs, while 41% are moving for retirement. And 14% of those people were moving from New Jersey to California.
The declines has to do with 4 factors - of which on 1 could be corrected by politicians.
1 - The decline of the Telecom industry - huge base in NJ
2 - The decline of the Big Pharma industry - huge base in NJ
3 - The decline of Wall St. - huge base in NJ
4 - The very high NJ State Estate Tax of $675,000 - an extremely low number that forces anyone with assets to leave the state before they die. It will continue to get worse until Christie corrects it - a $2MM exemption is more realistic.
Read more: http://www.businessinsider.com/people-are-fleeing-new-jersey-2014-1#ixzz3RvjlwKB3
On the other hand,
he Census publishes components of population change. In very round numbers last year
55k people left NJ for other states (net)
52k immigrants moved here (both legal and illegal)
100k births
75k deaths
Population grew by about 27k babies and immigrants replaced Americans leaving for other states.
Not good for the tax base.
https://www.census.gov/hhes/migration/data/acs/state-to-state.html
In all, United said it tracked 4,003 moves out of New Jersey in 2014 compared to 2,169 inbound.
wow. A net migration of 1834 households. That is insane.
NJ is the biggest, but also includes NY, CT and PA as well.
he Census publishes components of population change. In very round numbers last year
55k people left NJ for other states (net)
52k immigrants moved here (both legal and illegal)
100k births
75k deaths
Absolutely no one that was a us citizen moved into NJ for the entire year? I find that pretty hard to believe. You guys do remember NJ has 8 million people don't you? Having 55k move isn't exaclty an earth shattering percentage of the population. Something like .5% or so.
Absolutely no one that was a us citizen moved into NJ for the entire year? I find that pretty hard to believe. You guys do remember NJ has 8 million people don't you? Having 55k move isn't exaclty an earth shattering percentage of the population. Something like .5% or so.
It's possible, but New York lost 2 seats in the House of Representatives in 2010 and New Jersey lost 1 seat.
http://www.nytimes.com/2010/12/22/nyregion/22nycensus.html?_r=0
The property taxes alone are reason enough to not live in NJ. their state pensions are really out of line. They should make the state employees get 401K's just like everyone in private industry.
Lot of the public sector spending in New Jersey is redundant, with each township having their own police department, fire dept. Each township has a superintendent, making 150K plus and an anti-bullying coordinator.
http://education.state.nj.us/directory/district.php%20
Rates are even more ridiculous in New York. Some of the superintendents make more money than the governor.
http://www.wsj.com/articles/n-j-salary-cap-is-driving-away-superintendents-1405906049
Nearly two of every three families making an interstate move involving New Jersey last year were leaving the Garden State, the highest rate in the country.
New Jersey had the greatest percentage of outbound moves of any state nationally last year with almost 65 percent departing, according to a company which bills itself as the largest transporter of household goods in the country.
The Garden State has led the nation in outward migration for the fourth time in five years.
In all, United said it tracked 4,003 moves out of New Jersey in 2014 compared to 2,169 inbound.
Nearly half of those leaving New Jersey were bound for Florida (15 percent), California (14), Texas (9) and North Carolina (7.5), spokeswoman Melissa Sullivan told NJ Advance Media.
Retirement and jobs were the top reasons to leave the state last year, according to a United Survey of departing New Jerseyans.
About 42 percent reported leaving for a new job or company transfer. Forty-one percent attributed their move to retirement. More than half (56 percent) of people leaving New Jersey were over the age of 55, with 22 percent older than 65.
Among the other states where more people moved out than in, New York's rate was second at 64 percent with Illinois third (63 percent). Two other northeast states also ranked in the top 10 — Pennsylvania was ninth and Connecticut 10th.
United Van Lines has been tracking moves for 38 years, it said.
While residents are fleeing New Jersey in far greater numbers than people are arriving, that's not the case in many states. In Oregon, nearly two-thirds (66) percent of the moves are inbound; In South Carolina and North Carolina, about 61 percent of the moves were inbound.
The study took into account 255,848 moves in all.
United is the mover for about 400 of the nation's Fortune 500 companies, Sullivan said
http://www.nj.com/news/index.ssf/2015/01/people_are_fleeing_nj_faster_than_any_other_state_moving_company_says.html#comments