Florida, Iowa and Connecticut were among the most popular states for high earners, according to an analysis of U.S. Census Bureau data.
A new study from the site HireAHelper.com used Census data to map the states where the top, middle, and bottom earners are fleeing to and from. It found are less likely to move than those in lower income brackets, but when they do, they are more inclined to .
In 2023, only 6.5 percent of the top earners moved, compared to 9 percent of the bottom 20 percent. The top 20 percent of earners were defined as those with an annua income of $150,000 or more.
has emerged as the most popular destination for the top 20 percent of earners, with a net gain of 89 percent in this income bracket. The state's appeal to high-income individuals is attributed to its quality of life, natural beauty, and a growing reputation as a haven for remote work. "Vermont has become increasingly attractive to high-income earners, particularly those looking to escape the hustle and bustle of more crowded states," Miranda Marquit, Hire A Helper's spokesperson and consumer advocate told .
Other states that attracted a significant influx of wealthy households include West Virginia, Connecticut, and Iowa, with net gains of 69 percent, 65 percent, and 58 percent respectively. These states offer a combination of lower costs of living, benefits, and desirable lifestyles, making them attractive to high earners. The migration of high-income individuals brings substantial financial reso.