Abstract
There has been much discussion about New Jerseyans selling their homes, cashing out, and moving to lower-cost, more-affordable states, and of New Jerseyans establishing permanent residence in low-tax states while continuing to maintain a New Jersey domicile. But the actual evidence of what is happening has been mainly anecdotal. A major question is whether anecdotes are matched by statistical reality. This report examines U.S. Census Bureau and Internal Revenue Service data and concludes that the population outflow is real, is approaching worrisome dimensions, and is exerting a small but increasingly negative impact on the New Jersey economy. Less clear are the reasons behind the out-migration and whether there are feasible policy options for significantly changing it.