MNData

While the trend in both inbound and outbound household AGI is upward, the Outbound AGI has been consistently higher adding to the complexity of the Migration stats. ($11,400 higher on average over these 10 years)

Where is the net AGI flow for Minnesota going to and coming from since 2011 by US State over that same time-frame? This is one metric of many, but certainly one that is concerning.

IRS Migration Data 2011-2021: Net AGI Impact from Inbound vs. Outbound Minnesota population Does 5 yrs defines a trend?

Multiple comments/articles over the past day or so stating that it is the "retirees" that need the focus with respect to Migration in/out of Minnesota. The 65+ group has the lowest net AND % outbound migration and is 3rd for migration of net AGI... (hint: its the $100k+ earners)

IRS Migration Data 2020-2021 - Net Migration Impacts by State: AGI/Households/Individuals Request was to show a more relative value across the states that the "map" view was lacking due to outliers (e.g. Florida)

Looking at JUST MN to Collier County, FL, although the numbers are “small” (less than 200 net migration) those leaving MN have an average AGI of over $800k while those coming to MN from Collier are closer to $350k. ~ $85,000,000 of taxable AGI left Minnesota in one County in FL

What is missed too often in these MN to wherever migration talks is that the “news” is typically the NET change in households or individuals. Don’t stop there!! 2000 out at 100k, and 2000 in at 75k is a ZERO net population impact BUT a loss of $50,000,000 for MN tax base!!

IRS Migration to/from Florida/Minnesota by Florida County - Adjusted Gross Income Totals $511,610,000 MN to FL (2,335 Households) $73,125,000 FL to MN (642 Households) $438,435,000 net loss in AGI to MN

IRS Migration to/from Colorado/Minnesota by Colorado County - Adjusted Gross Income Totals $85,305,000 MN to CO (993 Households) $51,775,000 CO to MN (642 Households) $33,530,000 net loss in AGI

Another state with a material delta in the flow of AGI for MN is Colorado with a net loss of $33,530,000 in est. taxable AGI

Here is the "flow" of reported household AGI from Minnesota to the destination Florida Counties (change from 2020 to 2021)

Hennepin County Migration based on IRS Migration Reports 2020-2021 Where are they going? "Who" is leaving? Where are they coming from? "Who" is coming? The graphics are cool, but the data behind it is telling

For Hennepin County, this results in nearly $1.4 B estimated AGI impact for taxable income for 2020 to 2021.

Net Migration % are low ranging from -2.07% to 2.92% by county. NET MIGRATION If 2000 households leave with a 10,000 AGI and 2000 arrive with an 9,000 AGI, it's a net 0 migration, but a -$1,000,000 impact on est. taxable income.

Here is something different than the geographical impacts of the IRS Migration Report. With the data that they provide, it is possible to see what age groups are migrating and the associated net impact on MN cumulative AGI.

Here is the Net Household Migration into Minnesota by State for 2020-2021 based on IRS Tax filings. Negative numbers mean that Minnesota lost households to that state and positives indicate gain from that state.

Same Source, but here I looked at the Average AGI per household of the outflow vs. the inflow.

I'm just diving into the available data from 2020-2021 IRS Migration Data Here is the "net change in Households" by county for Minnesota (Hennepin's scale makes the color indicators useless)

And one more just for fun today. If a teacher was making $50,000 in 2010 and received the same base comp increases and same retirement benefits as the President of EdMN has... they would be making over $76,000 a year today and have over $250,000 in a funded retirement account.

Education Minnesota flow of $$$to EdMN PAC increased significantly in 2017, effectively doubling the flow to the MN DFL Party. All Data from Education Minnesota forms 990, 2010 to 2020