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Young people are fleeing Boston because of high rental costs and safety concerns, a new study shows.
The Greater Boston Chamber of Commerce, an agency that “represents the collective voice of the business community,” conducted a survey of 600 people aged 20 to 30 living in Plymouth, Middlesex, Essex, Norfolk, and Suffolk counties. The survey was conducted between February 27 and March 20.
The survey revealed that 26% said they are likely to leave greater Boston in the next five years. Of those planning to move out of greater Boston, most are looking to move to the Southwest and Southeast states.
BLUE STATES’ CITIZENS ‘FLEING FOR HUNDREDS’ BEHIND CONTINUED ‘TAKINGS’, ATTORNEY ATTORNEY SAYS.
Young people are fleeing Boston because of high rental costs and safety concerns, a new study shows. (Stock)
A study was conducted by the chamber three years ago and showed similar results.
“As of 2023, nearly a quarter of young residents plan to move to Massachusetts,” the chamber notes.
Among the respondents’ top concerns were “affordable housing, access to health care, access to quality jobs, and crime and public safety.”
The Boston population change report comes after New York City, San Francisco and Los Angeles also reported declines.
New York City lost more citizens than it gained last year, according to a new study by the Citizens’ Budget Commission released Monday. The Citizens Budget Commission has reported that the city’s population will decrease by 2025. The study further explained that the population decline is due to a 70% decrease in New Yorkers moving to other areas and immigration.
NEW YORK CITY LOST ALL INCOME RATES LAST YEAR, STUDY FINDS
New York City lost more residents than it moved last year, according to a new study by the Citizens’ Budget Commission released Monday. (Gary Hershorn/Getty Images)
The population of San Francisco experienced a similar decline, where it had not yet recovered from epidemic levels, the San Francisco Chronicle reported in March.
The loss of green cities underscores a national trend in which taxpayers are increasingly fleeing high-tax, high-cost countries.
South Carolina is the fastest-growing state in the nation, according to the latest data from the US Census Bureau.
TEXAS EMERGES AS TOP PLACE FOR COMPANIES LEAVING BLUE STATES
South Carolina is the fastest growing state in the nation, according to the latest data from the US Census Bureau. (Kevin Ferris/Fox News Digital)
New data released this month by the National Taxpayers Union Foundation, which analyzed the latest available IRS tax filing data from 2022, reaffirmed this trend.
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The study found that while Texas and Florida remain top targets, the overall shift of residents from high-tax states to tax-friendly states — including North Carolina, South Carolina, and Tennessee — shows no signs of slowing.
