So long and thanks for everything!
New data from the financial research firm Wealth-X finds more than 5,700 millionaires packed their bags and left the New Jersey-New York City area over the past year.
According James Hughes, a Rutgers University economist, this is not surprising at all because U.S. Census data tells us New Jersey is losing at least a thousand people a week — a net number of the total number of individuals moving out vs. the number of new state residents — and this group includes a significant number of high-wage earners.