Nebraska

State of Nebraska ranked 10th in an analysis by a financial advice website; young and rich Nebraska professionals are permanently moving to other states

OMAHA, Nebraska — Nebraska scored 10th in an analysis that was conducted by a website that provides financial advice. The investigation looked at which states (and the District of Columbia) are losing the most young rich professionals. Nebraska rated 10th.

The migration trends, influx and outflow patterns, from 2019 to 2020 were analyzed by SmartAsset.com in order to determine who the winners and losers will be.

People less than 35 years old and with adjusted gross incomes of at least $100,000 were taken into consideration by the researchers. They compared their living situations from year to year using data provided by the Internal Revenue Service.

According to SmartAsset, between 2019 and 2020, a total of 722 wealthy young professionals relocated to the state of Nebraska, while 820 of these same individuals relocated out from the state over the same time period. That amounts to a loss of 98 overall.

The number of wealthy young professionals who chose to relocate to Texas was 3,823, making it the state with the largest net gain.

The state of Texas, which does not have a state income tax, and the state of Florida, which does not have a state income tax, took the top two slots as the places where wealthy millennials went to. Additionally well-liked travel locations were the states of Washington, Colorado, and New Jersey.

During that particular year, the states of New York, California, Illinois, the District of Columbia, Massachusetts, Louisiana, North Dakota, Virginia, Oklahoma, and Nebraska had the greatest loss of young employees with high earning potential.

The researchers stated that they did not look at more current data relating to the epidemic, and as a result, they were unable to determine whether or not remote labor could have made a difference in the outcome of the pandemic.

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