Low and middle-income Vermonters are voting with their feet and moving to more affordable states with better economic opportunity for them and their families. One reason of many: VT ranks 11th highest in taxes, but 32nd in job growth.
"High earners moving here saw their incomes decline 22% on average the year after the move, according to the JFO. That could be because they’re cashing out an asset, like a mortgage, or it could be due to Vermont’s relatively low income compared to Northeast states."
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