The numbers are staggering. California residents with an income between 42,000 to 125,000 are leaving California in the masses – Since 2016, a 91% increase. That is close to 700,000 people, and rising, who have left for greener pastures. This represents the highest exodus rate in the nation. When the questions are asked of these people why, the answers are many. A couple common responses are – “we just can’t afford to stay” or “looking for a better quality of life”.
If that sounds like you, or if you have your own reason, we can help and guide you through that detailed transition. There is a lot that goes into making a move out of state. That can be one of the most overwhelming experiences of one’s life. But that is where we come in.
Our program offers superior service for relocating California residents. It starts with assessing your timeline and goals in your transition. If you own a home and need to sell, we would detail out our marketing plan and how to get you the most for your home. At the same time, we would connect you with a top-notch agent through our network, to help you at your destination. We can arrange for you to visit the areas you are interested and set up a tour of some homes that may be a fit for you. Our agents will both work in tandem to make sure your transition is painless and completely organized. Keep in mind, that even if you don’t own a home, we can still help you find the right agent at your desired destination.
Here is a simple spreadsheet that compares state income taxes (based on married filing jointly, making over $107,959 a year). By moving to these states, you can see where you would get a raise, just on the money saved, compared to California. (CLICK HERE FOR ALL STATES)
STATE INDIVIDUAL INCOME TAX RATES AND BRACKETS FOR 2018 |
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Based On Married Filing Jointly – Income Greater Than $107,959 | ||||
State Tax Owed | ||||
California | >107,959 | 9.30% | $10,040.28 | |
Oregon | >107,959 | 9.00% | $9,716.31 | |
Hawaii | >107,959 | 8.25% | $8,906.62 | |
Idaho | >107,959 | 7.40% | $7,989.04 | |
Montana | >107,959 | 6.90% | $7,449.17 | |
Utah | >107,959 | 5.00% | $5,397.95 | |
Colorado | >107,959 | 4.63% | $4,998.50 | |
Arizona | >107,959 | 4.24% | $4,577.46 | |
Nevada | >107,959 | 0.00% | $0.00 | |
Washington | >107,959 | 0.00% | $0.00 |