The Illinois Policy Institute has an interesting article by Austin Berg about migration of Illinois residents to neighboring states:
New data from the IRS show Illinois lost $720 million and 21,800 people on net to neighboring states from 2015-2016
Illinois lost the border wars with every neighboring state in tax year 2015 (2015-2016), according to new data from the Internal Revenue Service.
On net, more people and money “walked out” of Illinois to neighboring states than walked in.
Illinois lost 21,800 residents to neighboring states on net, measured in exemptions.
Indiana was the biggest winner out of Illinois’ bordering states, gaining more than 8,200 exemptions on net.
Nationally, both Indiana and Wisconsin both landed in the top 10 as net gainers of Illinois exemptions. Indiana saw the third-highest net gain of Illinois exemptions while Wisconsin’s net gain was the nation’s sixth-highest.
When those residents leave Illinois, they take their wallets with them. The Land of Lincoln lost more than $720 million in adjusted gross income, or AGI, on net to neighboring states in 2015-2016. Wisconsin saw the largest gain. Illinois lost $253 million in AGI to the Badger State, on net.
All States minus $4,754
- Florida minus $1,34161
- California minus $567
- Arizona minus $361
- Texas minus $359
- Colorado minus $265
- Wisconsin minus $253
- Indiana minus $215
- Tennessee minus $261
- Michigan minus $153
- Georgia minus $152