Total adjusted gross income lost in the population dip was more than $882 million which was 37th amongst states. Net loss as a percentage of total adjusted gross income was 0.8%, 41st amongst states. The total adjusted gross income loss was over $2.3 billion between 2019 and 2022.
Texas accounted for over $300 million of Louisiana’s outgoing adjusted gross income migration in 2021-2022 and Florida accounted for another $220 million. California residents leaving for Louisiana generated a net positive adjusted gross income migration of around $24 million.
Louisiana’s 44th ranking is well below its Southeast neighbors, with Mississippi being the only other state that decreased in population (512 fewer residents). Alabama, Florida, Georgia, Texas, Tennessee and South Carolina all finished in the top 10, and Florida and Texas finished in the top two.
Florida and Texas also ranked first and second in adjusted gross income, Florida gaining almost $36 billion and Texas pulling in a little over $10 billion.
California was the biggest loser according to the data, with more than 307,000 residents worth more than $23 billion in adjusted gross income leaving for other states.