We’re No. 4! We’re No. 4!
New York state, that is. And it’s nothing to cheer about.
New York, which trailed only California and Texas in population, is now trailing Florida, too, according to a new Census Bureau report. California boasts 38.8 million people, Texas ranks second with 26.96 million, but now Florida has 19.9 million, barely surpassing New York, with 19.7 million.
What’s Florida got that New York doesn’t? More people, for starters.
Florida, whose population reached 19.9 million last summer, overtook New York to become the third-largest state in the United States, according to a new Census Bureau report.
As the national economy improved between mid-2013 and 2014, the movement of New Yorkers to other states surged back to pre-recession levels.
New York got a double dose of bad news Tuesday, as it dropped to fourth place among most populated states amid signs the alarming trend of people moving out is accelerating once again.
The population exodus “is back almost to matching a level of 2007,” E.J. McMahon of the Empire Center said. “Our economy hasn’t gotten any better relative to the other places people are going.”
New York State is increasingly driving away one of the most powerful economic assets to come along in generations — Baby Boomers in their retirement years.
About 1.2 million people left New York to other states between 2000 and 2009, the Empire Center for New York State Policy found a report in 2011. Immigration is the main reason New York has added population.
Now the Empire Center has provided the answers and an update on New York's tax compared with other states, which provides support for aligning New York with federal estate tax rules as Gov. Andrew Cuomo has proposed.