How America Moves

Florida vs Texas

Net migration of people and income, 20222023 filing years

How they compareFloridaTexas
Population
Census estimate
22,929,24830,719,247
Net migration rate
net people per 1,000 residents
+5.0+3.6
Per-capita income
BEA, nominal
$70,057$67,503
Cost of living
100 = U.S. average prices
103.697.1
Unemployment rate
BLS annual average
2.9%4.0%
Major disasters
federal declarations, 2023
21
State tax per resident
Census STC
$2,701$2,843

Bold marks the higher number, which is not always the better one (cost of living, unemployment, and disasters are here too). Sources: Census, BEA, BLS, FEMA. A different universe from the IRS filer figures below.

Florida
Net income (AGI)
+$20.6B
nominal dollars
Net households
+54,902
tax returns
Net people
+113,945
exemptions

Income (AGI) in and out

Moved in$44B
Moved out$23.4B
Net +$20.6B (nominal)
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Net migration by year

Net 2012–2023: +$224.5B (+1,768,649 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$7.5B+43,486
2013+$8.3B+74,094
2014+$10.7B+115,721
2015+$11.6B+116,033
2016+$17.4B+190,944
2017+$15.5B+192,338
2018+$16.2B+121,224
2019+$17.6B+128,214
2020+$23.7B+169,063
2021+$39.2B+257,487
2022+$36.1B+246,100
2023+$20.6B+113,945
Texas
Net income (AGI)
+$5.3B
nominal dollars
Net households
+54,904
tax returns
Net people
+111,404
exemptions

Income (AGI) in and out

Moved in$26.4B
Moved out$21B
Net +$5.3B (nominal)
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Net migration by year

Net 2012–2023: +$63B (+1,524,206 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$2.8B+118,667
2013+$6B+152,912
2014+$4.9B+231,164
2015+$3.6B+64,309
2016+$2.3B+55,114
2017+$3.1B+98,398
2018+$3.4B+80,607
2019+$4B+114,818
2020+$6.4B+136,174
2021+$10.9B+177,293
2022+$10.2B+183,346
2023+$5.3B+111,404

Direct moves between them

Florida Texas
24,196households$1.7B AGI
Texas Florida
20,050households$1.8B AGI

Counts are returns (households) with associated AGI, where the IRS published the flow above its disclosure threshold.