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People Leaving New Jersey

IRS tax return migration data (2021→2022) shows where New Jerseyresidents are going and who's moving in.

Net Migration

-433

households

Moved In

3,758,715

households

Moved Out

3,759,148

households

Avg Income (Inflow)

$120,433

per household

Moving INTO New Jersey from:

1.New York
41,411avg $117,430
2.Pennsylvania
7,226avg $91,679
3.California
3,305avg $155,471
4.Florida
3,005avg $87,623
5.Massachusetts
1,819avg $124,049
6.Maryland
1,126avg $96,205
7.Illinois
909avg $129,776
8.Delaware
852avg $87,541
9.Virginia
565avg $124,315
10.Arizona
495avg $88,133

New Jersey residents moving TO:

1.New York
20,076avg $123,157
2.Florida
11,382avg $181,573
3.Pennsylvania
9,906avg $100,421
4.California
5,070avg $135,314
5.Delaware
2,401avg $99,550
6.Massachusetts
2,056avg $118,111
7.South Carolina
1,961avg $121,047
8.Maryland
1,382avg $101,866
9.Washington
1,107avg $159,765
10.Arizona
1,006avg $116,710

💡 Investment Signal: New Jersey is losing population. This may indicate weakening demand, but can also mean lower property prices and higher cap rates for investors.