The Great Migration from the Northeast to South Florida
As you may have heard (or noticed by more traffic this past summer), New Yorkers, New Jerseyites, and New Englanders Moving to Delray Beach, Boynton Beach, and Lake Worth by the droves.
Palm Beach County has always been the winter escape for those in the northeast states. The connection is long lived-and Miami Beach early on was very well known as the main destination. As time went on, we have expanded the territory of this ‘great migration’ to the sunshine state to all of South Florida, from Fort Lauderdale gradually more north year by year until the expansion of Boca Raton in the ’80s and Delray Beach (population over 70,000) and Boynton Beach
(population over 77,000) today.
Why Are So Many Moving Here?
The Covid Pandemic has accelerated the move down. People sat in their homes for a year, looking around and saying” there must be a better place. As a realtor in Palm Beach County, I know of these ‘better places’ – including Bellaggio in Lake Worth and Venetian Isles in
Tax and Corporate Advantages of Palm Beach County
Individuals and companies alike are bringing high-paying jobs and moving businesses down here for the lack of a Florida state income tax. These are people who have been paying state and city taxes.
How Many New Yorkers Moved to Palm Beach County in 2020 / 2021?
About 33,500 residents from New York exchanged their licenses for a Florida one between Sept 2020 to March 2021. About 14,000 of them moved to Palm Beach County., more than any other county during that period. Florida transplants came from New York, New Jersey, Georgia, Illinois, and California. They are bringing higher-paying jobs which will increase our annual household income.
Welcome them to our area as they have now realized what we knew all along – South Florida is Paradise!