The main reason why Arizona has gained 173 Californians a day for a decade

[ad_1]

More than 630,000 people have moved from California to Arizona in the past 10 years — an average of 173 a day — making Arizona the second most popular U.S. destination for outgoing Californians.

Only Texas saw a larger influx from the Golden State, according to a new migration trends report from StorageCafe that considered not only raw numbers of people moving, but also where they came from and what kind of savings they could expect as a result.

For instance, people coming from California to Arizona typically can expect huge savings on their residences. The average price of a home in Arizona ($321,000) is less than half that of California ($659,000), according to the report, and Arizona apartment rents are 30% lower than those in California.

On top of that are tax savings. The report contrasted Arizona’s 2.5% income tax rate with California’s nation-leading 13.3%, and Arizona’s 4.9% corporate tax rate with California’s 8.8%.

Read more of this story from the Business Journal.

[ad_1]

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=673ccca7ba914d9cb0f20a70814914e2&url=https%3A%2F%2Fwww.abc15.com%2Fnews%2Fbusiness%2Farizona-has-gained-173-californians-a-day-for-a-decade-heres-the-main-reason-why&c=15827127836148713837&mkt=en-us Author : Publish date : 2024-11-19 03:26:00 Copyright for syndicated content belongs to the linked Source .

The main reason why Arizona has gained 173 Californians a day for a decade

The best courses in Argentina | Golf Courses

How Many States are in the USA? Check the Complete List Here!

How Many States are in the USA? Check the Complete List Here!

Meet Abbie Stockard: Alabama’s Trailblazing Miss America 2025!

U.S. Pushes Japan and South Korea to Invest in $44 Billion Alaska Gas Project

Top 10 Poorest States in the U.S. – Friends Committee On National Legislation

Canada and Mexico Are Sending Teams to Help California Fight the Fires – The New York Times

This Little-Known Colorado National Park Town Has North America’s Highest Concentration Of Archaeological Sites – TheTravel

Can Puerto Ricans vote for US president in 2024? See how many live in Texas – Austin American-Statesman

United States Completes Maritime Vessel Upgrades with SKNDF – USEmbassy.gov

“They Can Harass Us Because of the Laws” – Human Rights Watch

America Wants a God – The New York Times

American Announces New Leadership for Latin America and the Caribbean – Aeroflap

Categories

Archives