- 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
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- 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
