Moving Out

Submitted by ub on

Leaving The City: A family journey. According to Forbes, and Reuters, folks are beginning to move out of Metropolis.

For example, New York City has reportedly...

Total Moves: 8,381
Percentage Moving Out: 60.6 percent
Population: 19,849,400
Median Household Income: $64,888
Job Growth: 1.1 percent

New York City dominates the economy of the state as the leading center of advertising, banking, finance, media, and publishing in the USA. 

If New York were a country, the state’s $1.7 trillion-dollar economy would be the 11th largest in the world after Canada. The business climate of the state, however, is one of the extremes. New York’s taxes, union workforce, and red tape are among the highest in the country.

On the plus side: The Empire State is an economic force comprised of an educated labor pool, huge VC investment, significant cultural and recreation resources, and the headquarters of 10 percent of the 1000 largest companies in the nation.

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