Run Boomer Run

From Newsweek:

Map Shows States Baby Boomers Are Fleeing From

Ian Kennedy, a data scientist at JBREC, created a chart identifying where the highest property taxes in the country were in 2023, the latest data made available by the U.S. Census Bureau’s American Community Survey.

In the dark red areas, property taxes exceeded 2 percent of a home’s value. In the beige areas, property taxes were less than 0.5 percent of a home’s value. Tax rates are set by municipalities and local governments and vary by town, city, school district, county and state.

According to JBREC analysis, American homeowners paid the highest property taxes on the East Coast, especially in New York, New Jersey, and Pennsylvania, where rates were between 1.75 percent and 2 percent of a home’s value or higher.

Kennedy and his colleagues then compared property tax rates across the country with migration trends involving Americans aged 65 and older, finding that states with lower property taxes were attracting the highest number of out-of-state newcomers.

“High property tax rates in New York, New Jersey, and Illinois—among others—limit in-migration [the process through which residents of one country permanently relocate to a new area of that same country] among the 65+ population,” Kennedy told Newsweek.

“Retirees on the East Coast generally opt to stay on the East Coast. The same is true out West. For example, in 2023, roughly 3.5 percent of Nevada’s 65+ population moved from out-of-state during the prior year,” he said.

“Among those out-of-state movers, roughly 36 percent moved from California. Likewise, about 3.3 percent of Delaware’s 65+ population moved from out of state during the prior year, with roughly 50 percent of those movers coming from New Jersey, Maryland, or Pennsylvania,” Kennedy added.

This entry was posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate, Property Taxes. Bookmark the permalink.

25 Responses to Run Boomer Run

  1. Hold my beer says:

    First

  2. Very Stable Genius says:

    #BREAKING:

    Former U.S. Attorney Jessica Aber of the Eastern District of Virginia found dead this morning by Alexandria Police, according to a press statement. Authorities have launched a criminal probe into the prosecuting attorney’s death.

    Jessica Aber was on the team that charged Russian military officials with war crimes in connection with Putin’s invasion of Ukraine.

  3. Fast Eddie says:

    “High property tax rates in New York, New Jersey, and Illinois—among others—limit in-migration…”

    This is not good. It’s rac1st and unfair. To level the playing field, we need to award those of lesser means some sort of credit or stipend. A Congressional committee needs to form to hire consultants to investigate a way to appropriate tax dollars into a fund for distribution awarded by treasury appointees hired on DEI standards.

  4. Very Stable Genius says:

    Jessica Aber was 43

  5. Dark Phoenix says:

    Long as it isn’t Jesscia Alba who cares.

  6. Dark Phoenix says:

    Jessica

  7. RentL0rd says:

    St. Augustine seems to be a great attraction for boomers

    https://apnews.com/article/florida-remote-work-st-augustine-census-1d2c1fe88776892b520f7ac1c843663d

    Been there a couple of times and helped myself to the “fountain of youth” – but it hasn’t helped my aging.

  8. Dark Phoenix says:

    We are all replaceable, Musk said so.
    Anyone checked if she was out Monkey Branching?

    “We are heartbroken beyond words to learn of the passing of our friend and former colleague, U.S. Attorney Jessica Aber,” Current U.S. Attorney for the Eastern District of Virginia Erik Siebert said in a statement. “She was unmatched as a leader, mentor, and prosecutor, and she is simply irreplaceable as a human being.

  9. RentL0rd says:

    Dark, no controvery wifh Jessica A. – afterall she did not accidentally fall off a building!

  10. Dark Phoenix says:

    Hehe. Must have a small one. I’d be like ladies, come and get it. Hehe.

    NEW YORK (AP) — An Orthodox Jewish passenger says a United Airlines pilot forcibly removed him from an airplane bathroom while he was experiencing constipation, exposing his genitalia to other flyers during a flight from Tulum, Mexico, to Houston.

    Yisroel Liebb, of New Jersey, described his trip through allegedly unfriendly skies in a federal lawsuit this week against the airline and the U.S. Department of Homeland Security, whose officers he said boarded the plane upon landing and took him away in handcuffs.

    Liebb and a fellow Orthodox Jewish traveler said the pilot made disparaging remarks about their faith. They said they were forced to miss a connecting flight to New York City while U.S. Customs and Border Protection officers paraded them through an airport terminal, placed them in holding cells and searched their luggage.

  11. grim says:

    Some fun data to poke around if you are still nursing a cup of coffee in front of a screen this morning:

    https://www.datawrapper.de/_/7VoV0/

    All the abandoned mines in NJ. Pretty cool seeing the dates on some of these, early 1700s on some of them. Wild.

    Glen Ridge, North Arlington, etc. Wish this had some overlays, would be fun to see what’s waiting to fall into the gaping maw of the earth.

  12. grim says:

    I mean, if you are constipated, you could probably hold it for the flight? That said, nobody wants to spend 20 minutes in an airplane bathroom, hell, the last couple of flights I’ve been on, the bathrooms were covered in piss.

  13. Fast Eddie says:

    gaping maw…

    Good name for a band.

  14. Dark Phoenix says:

    Plane gotta land.

    Cannot land plane with person in bathroom.

    Can’t keep plane in air forever cause someone has the shits.

    Asked to leave toilet before plane runs out of fuel.

    Your arrogance doesn’t matter. Everyone else’s life does.

    Stick a cork in your butt and get out.

    Or if you are too f’n unhealthy to fly, f’n drive. Or stay home.

    It’s not a right. Nor should you have the right to inconvenience others, or jeopardize an aircraft for your own personal anything.

    It’s at team sport, and if you can’t play, don’t want to play, or are just an a-hole, don’t get on a plane.

  15. njtownhomer says:

    waiting to hear from Ackman on this incident too. He offers full protection plans now.

  16. Dark Phoenix says:

    Damn. 3 in one day. That’s efficiency.

    Marc S. Green, of Teaneck, assaulted the students at the Bergen County Arts & Science Charter School on March 18, Bergen County Prosecutor Mark Musella said following an investigation.

    Green inappropriately touched three victims under 13 years old, according to the criminal complaint obtained by Daily Voice.

    Green had been acting in the capacity of a certified substitute at the time of the incidents, police said.

  17. RentL0rd says:

    There is a standard playbook that democratically elected leaders who are wannabe dictators follow: weaken the justice system.

    Played by Putin, Duterte of Philippines, Modi of India, Trump and now Natenyahu.

    https://apnews.com/article/netanyahu-attorney-general-firings-protests-israel-shin-bet-7664c1b41b894e64a4138096940c94a6

  18. RentL0rd says:

    A story like this would have been considered “crazy” just a few months ago:

    Digital Expats:
    https://www.wired.com/story/trump-era-digital-expat/

  19. NorCal says:

    Damn!! I think the Righteous Gemstones (season 4) has jumped the proverbial shark.

  20. Dark Phoenix says:

    It’s been a long time coming. Like a freight train, but now it’s close enough that you see the ditch lights. Train coming at you at notch 8, however.

    RentL0rd says:
    March 23, 2025 at 8:12 pm
    A story like this would have been considered “crazy” just a few months ago:

    Digital Expats:

  21. RentL04d says:

    11:09, meanwhile The White Lotus is still building the plot..slowwwwly. A bit too sliw compared to season 1 and 2.

  22. Dark Phoenix says:

    Stop watching that weird shit and watch Reacher.

    Plenty of violence to keep it entertaining.

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