Jump to content

Orlando was the 8th most moved-to city in 2021


Recommended Posts


21 hours ago, prahaboheme said:

Perhaps some are coming for Disney.

Other factors I would consider are:

No state income tax

Orlando is still less expensive than where people are leaving such as CA or the Northeast 

I've always wondered about the raw data on this.  I didn't choose CA because it is so far off-kilter.  I not-quite-randomly chose Ohio & New York because I kind of guessed that they are both states that I see a lot of people moving here from.

A married couple of dual-earners (no kids factored in to make it simple because I didn't want to figure out state tax laws for kids) making the following would pay the following raw state tax amount.  No deductions.  No rebates.  No factoring in tax-deferred stuff.

$75,000 joint income:

  • Ohio - $1,653 (top tier @ this income = 3.326%, real overall rate @ this income = 2.203%)
  • New York - $4,042 (top tier @ this income = 6.090%, real overall rate @ this income = 5.389%)

$100,000 joint income:

  • Ohio - $2,539 (top tier @ this income = 3.802%, real overall rate @ this income = 2.539%)
  • New York - $5,564 (top tier @ this income = 6.090%, real overall rate @ this income = 5.564%)

$150,000 joint income:

  • Ohio - $4,674 (top tier @ this income = 4.413%, real overall rate @ this income = 3.116%)
  • New York - $8,609 (top tier @ this income = 6.090%, real overall rate @ this income = 5.739%)

$200,000 joint income:

  • Ohio - $6,881 (top tier @ this income = 4.413%, real overall rate @ this income = 3.440%)
  • New York - $11,777 (top tier @ this income = 6.410%, real overall rate @ this income = 5.889%)

 

These were calculated from posted 2022 state tax rates.  Yes, I did factor in the rates in tiers as they should be instead of flat rate.

 

New York sticks it to you unless your combined married income is less than $43,000, whereas Ohio (home of THE Ohio State University) gives you a pretty big bump and doesn't really raise rates until your combined income is over $88,000

 

 

 

  • Thanks 1
Link to comment
Share on other sites

I guess it is worth pointing out that in 2019 (the last true data year I have) my wife & I spent about $3,000 in tolls.  That includes both driving to work and normal driving.

I never lived in NY, but lived in a few states in the Midwest and never spent a dime on tolls.  I know NY has toll roads and high state taxes.  Generally speaking, the roads in Florida are in much better condition but I don't think that is related to taxes.  I have a sneaking suspicion that if Florida salted their roads and ran plows over them that they would be just as bad. 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.