87,000 residents left Illinois in 2022, resulting in a $9.8B AGI loss and ranking as the third-largest loss among U.S. states.
New IRS data shows Illinois lost 87,000 residents in the 2022 tax filing year, resulting in a net loss of $9.8 billion in adjusted gross income (AGI). This marks the third-largest loss of residents among U.S. states, following California and New York. The data indicates that people with higher incomes are leaving Illinois for states with lower tax rates and greater opportunities, such as Atlanta and Houston.
July 01, 2024
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