Where America's Money Is Moving
Where the Rich Are Going
With low taxes, warm sunshine and deep discounts on real estate, it's no wonder IRS data shows the wealthiest among us are headed south.
To find places the rich are moving, Forbes used IRS data on household moves broken down by county and income. We included counties where arriving households are richer than existing households,and departing households are poorer than remaining households. The final ranking orders counties by the difference in per-capita income between incoming households and households that didn't move.
Forbes' ranking of places the rich are fleeing essentially reverses these criteria, looking for counties where departing households are wealthier than the population as a whole and where incoming households are poorer.
Which U.S. county ranks No. 1? Read on to find out.
(iStock Photo)
To find places the rich are moving, Forbes used IRS data on household moves broken down by county and income. We included counties where arriving households are richer than existing households,and departing households are poorer than remaining households. The final ranking orders counties by the difference in per-capita income between incoming households and households that didn't move.
Forbes' ranking of places the rich are fleeing essentially reverses these criteria, looking for counties where departing households are wealthier than the population as a whole and where incoming households are poorer.
Which U.S. county ranks No. 1? Read on to find out.
(iStock Photo)
