"Most notably from the report has been the departure of lower-income adults, with a net loss of 532,000 individuals over the past 10 years, more than 10% of California's of lower-income adult population. The migration away from the Golden State is due to an array of factors including employment, housing or family. But housing costs have reigned higher for reasons to leave since 2015."
"About 34% of Californians have seriously considered leaving the state because of high housing costs and 21% have thought of leaving because of the lack of well-paying jobs, according to the statewide survey. Those who do leave the state have found their greener pastures. About half of those who left reported buying a house. Only one-third of those moving to California were able to do so."
California has lost more residents to other states than it has gained since 2001. Outflows surged during the pandemic, producing net losses across nearly every demographic and socioeconomic group. Lower-income adults experienced a net loss of 532,000 over the past decade, exceeding 10% of that population. Housing costs have been the leading reason for leaving since 2015. A statewide survey found 34% seriously considered leaving due to housing costs and 21% due to lack of well‑paying jobs. Half of those who left reported buying a house, while only one‑third of newcomers to California were able to buy. Remote work and departures by college graduates and higher‑income households have accelerated the population slowdown.
Read at Sacramento Bee
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