According to a new SmartAsset study, wealthy millennials are moving to the coasts, but the Northeast isn’t one of them.
To determine migration flows of wealthy millennials, SmartAsset examined data (IRS 2015 to 2016 tax year) from all 50 states and the District of Columbia. To calculate net inflow of each state, the study used inflow minus the outflow of wealthy millennials to find precisely which states wealthy millennials are moving to.
Seventy percent of the states in the top ten
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