Connecticut – Losing Jobs and Incomes

High-income taxpayers are leaving the state, and are being partially replaced by lower income immigrants.  But the state workforce is getting raises and is increasing.

Between 2011 and 2013, about 95,000 taxpayers left the state. Their average AGI was $112,000, versus $101,000 for the remaining 1.4 million taxpayers. Only 78,000 taxpayers moved into the state, bringing an average AGI of only $86,000.