- COVID-19 took out USD 34B in revenue from the Big Apple
- Around 3.5 million people moved to NYC from January 1 to December 7, 2020
- However, around 3.57 people from from NYC area in the same period as well
- This number is more emigrants than the entire population of any other US city except Los Angeles
- A paper studied the impact of migration on 3 NYC neighborhoods
-
- New York
- Immigration: 3,500,000
- Emigration: 3,570,000
- Net Migration: -70,000
- Income Inflow: USD 274,000,000,000
- Income Outflow: USD 298,000,000,000
- Net Income Loss: USD -34,000,000,000
- Williamsburg
- Immigration: 13,000
- Emigration: 19,000
- Net Migration: -6,000
- Income Inflow: USD 1,000,000,000
- Income Outflow: USD 1,330,000,000
- Net Income Loss: USD -330,000,000
- Astoria
- Immigration: 14,000
- Emigration: 19,000
- Net Migration: -5,000
- Income Inflow: USD 1,000,000,000
- Income Outflow: USD 1,290,000,000
- Net Income Loss: USD – 290,000,000
- Tribeca
- Immigration:4,500
- Emigration: 8,000
- Net Migration: -3,500
- Income Inflow: USD 00,000,000
- Income Outflow:USD 1,600,000,000
- Net Income Loss: USD -1,000,000,000
- New York
- New York is included amongst the top outbound states for relocation this 2020 due to the COVID-19 pandemic.
- Washington, D.C.
- New York
- Nevada
- Oregon
- Delaware
- California
- Minnesota
- Massachusetts
- Florida
- Washington
- Here are the states that are popular inbound locations for those moving from New York and other populated areas.
- Vermont
- North Dakota
- Connecticut
- Montana
- Michigan
- Arkansas
- Oregon
- Massachusetts
- Ohio
- Utah
Tom Philips
Thomas Philips is a writer and content marketer with a keen interest in the moving industry. As a travel enthusiast and logistics expert by training, Thomas has been working with various moving companies for the past 16 years. He currently writes for Roadway Moving and applies his expertise through his written works. Thomas makes it a point to give practical moving advice to both clients and readers to help transform their moving experience into an unforgettable one
