Illinois reported the largest outmigration of residents of any state during 2021, marking the 8th consecutive year of population decline in Illinois. Chicago similarly saw more residents move away than any metropolitan area in the nation.
Illinois, California and New York shrank the most and lost people fastest during the COVID-19 pandemic. Texas and Florida grew the most. Idaho, Utah and Montana grew the fastest.
More Illinoisans fled for other states from July 2020-July 2021 than during any other year in recorded history, driving the state’s record population decline.
Despite a higher-than-expected 2020 population count, the U.S. Census Bureau estimates Illinoisans moving away was the sole reason for the state’s record loss of the equivalent of nearly everyone in Springfield.
S&P Global Ratings said Illinois’ public pension systems are in trouble, and will get worse thanks to the Illinois Exodus and because state leaders refuse to fix the problems.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.