Source: FOX News
Summary
According to IRS data, South Carolina is growing faster than any other state, with over 59,000 new residents from other states between 2022 and 2023. Texas and Florida are still drawing the largest number of new residents, but South Carolina’s growth rate is the highest per capita. The trend suggests Americans are moving to the South for lower taxes, more jobs, and a higher quality of life.
Our Reading
As expected, the matter has reached another stage.
The South is gaining population and income, while some of the nation’s most expensive states are losing both. The numbers are telling: South Carolina added over 59,000 new residents and $4.1 billion in income, while California lost over 100,000 tax filers and nearly $12 billion. The trend is not just about people, but also about income and economic power. Americans are redistributing these resources, and it could reshape state economies in the years ahead.
Author: Evan Null
