Friday, May 13, 2011
Citing high taxes and cost of living, a NY1-YNN-Marist College poll released Thursday show that 1 in 3 New Yorkers under age 30 plans to move to another state at some point.
And 1 in 4 adults plans an exodus from the Empire State within five years.
The poll highlights the decades-long exodus from New York, which once led the nation in manufacturing and other high-paying jobs.
Many counties in New York, including Erie, Monroe, Westchester and Putnam have the highest property taxes in the U.S. It isn’t uncommon for for owners of a modest $150,000 ranch house to pay more than $6,000 a year in property taxes.
Young, college-educated New Yorkers are abandoning the state for lower-taxed cities like Atlanta, Dallas, and Phoenix, where are jobs are plentiful and housing is more affordable.