Florida's Rising Tide: The Influx of New Residents and How Robb Luxury Home Group Can Help You Make the Move
Florida has seen a significant influx of new residents in 2022, according to data from the state Department of Highway Safety and Motor Vehicles. Over 583,200 people traded in their out-of-state driver's licenses for Florida ones last year, marking a 28% increase from the average of the previous six years. This population growth is supported by data from the U.S. Census Bureau, which shows that Florida led the nation in population growth for the first time since 1957, with a 1.9% increase.
Many of these newcomers come from outside the U.S., with 115,465 obtaining a Florida driver's license in 2022, a 42% increase from the six-year average. While the data does not list the specific countries from which these individuals came, it does show that the top feeder states are New York, New Jersey, and California.
New York saw the most people surrendering licenses, with 61,205, a 35% increase from the six-year average. New Jersey came in second, with 30,837, and California was third, with 28,957. Palm Beach County also saw a large number of residents coming from New York, with 8,059, and New Jersey and California following behind.
Experts speculate that the low-tax environment in Florida may be a major factor in this population growth, as well as the ability to work remotely. This is supported by the fact that many of these newcomers are coming from states with higher taxes, such as New York and California. However, it's worth noting that the cost of living in Florida is not the cheapest, with some citing higher prices for groceries and difficulty finding good cuts of meat at reasonable prices. Despite this, many newcomers are happy with their decision to move to the Sunshine State and are excited to explore all that it has to offer.
If you're considering making the move to Florida, the team at Robb Luxury Home Group is here to help. With years of experience in the Florida real estate market, we have the knowledge and expertise to help you find your dream home in the Sunshine State. Whether you're looking for a waterfront property, a luxury home, or a vacation rental, we have a wide range of properties to choose from. Our team is dedicated to providing exceptional customer service and will work with you every step of the way to ensure that your home buying experience is as smooth and stress-free as possible. Contact us today to schedule a consultation and start your journey to your new Florida home.