PRIOR Publishes Report entitled "Trends in New Jersey Migration: Housing, Employment, and Taxation"
Princeton, NJ - September 16 2008 - A new study on migration patterns released today by the Policy Research Institute for the Region (PRIOR) at Princeton University’s Woodrow Wilson School of Public and International Affairs reveals that New Jersey’s net loss of residents to other states is not a symptom of weak economic conditions, and that the state is experiencing a “brain gain” of highly educated residents to New Jersey.
The study, “Trends in New Jersey Migration: Housing, Employment and Taxation, http://www.princeton.edu/prior/PRIOReconomy-Final-(2).pdf provides a detailed analysis of recent migration into and out of New Jersey.
The report also indicates that in spite of net out-migration, the number of half-millionaries in New Jersey has increases sharply in recent years, from 26,000 in 2002 to 44,000 in 2006 (a 70% increase)