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Young, wealthy households moving into New Jersey, study says

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Young, wealthy households moving into New Jersey, study says



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Lots of people say they plan to move out of New Jersey due to high taxes and an elevated cost of living.

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And certainly a large number do.

But guess who’s moving in? The “young and rich.”

That’s what a study of IRS data by financial website SmartAsset found.

More: Yes we’re Shore! It might be the beach elsewhere, but in New Jersey it’s a Shore thing

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Looking at tax years 2021 and 2022, the study found that the Garden State saw a net increase of 300 “young and rich” households — which the study defined as households with filers aged 26 to 35 with an adjusted gross income of $200,000 or more.

That places it No. 8 in the country for states that gained the most “young and rich” households.

Here’s what the study found for New Jersey:

  • Net migration of young and rich households: 300
  • Outflow of young and rich households: 3,135
  • Inflow of young and rich households: 3,435
  • Total young and rich tax returns filed: 35,294
  • Average AGI of young and rich households in the state: $388,643.

What makes that interesting is that many high earners are moving out of New Jersey.

“New Jersey and Washington each lost thousands of households earning $200,000 or more when considering taxpayers of all ages. However, these states ranked fifth and eighth, respectively, when it comes to attracting young people in this income range. Washington netted 383 additional young and rich households over one year, while New Jersey gained 300,” the study says.

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More: How does New Jersey rank in personal spending? See which states are ahead of us.

Where else are “young and rich” households moving?

Topping the list was Florida, followed by Texas, Colorado, North Carolina, Washington, South Carolina, Tennessee, Arizona and Nevada. Half of the states in the top 10 don’t charge a state income tax. New Jersey is not one of them.

Which states are losing these households?

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California lost the most, with a net loss of 3,226 households. That was followed by Illinois, Massachusetts, New York, Pennsylvania, Michigan, Louisiana, Delaware, Minnesota and Missouri.

The study also found that “young and rich” households earned the most in Nevada, with an average AGI of $731,000. Wyoming came in second at $612,000, with Florida third at $526,000.



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New Jersey

Spring’s coming; Sunny, warm Saturday and significant warm-up ahead NJ

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Spring’s coming; Sunny, warm Saturday and significant warm-up ahead NJ


A brief respite from cold weather is ahead of New Jersey this weekend, before temperatures continue to rise late next week, according to the National Weather Service.

Saturday, Feb. 28 will be sunny across the Garden State, and temperatures will be comfortable, reaching the high 40s and low 50s.

Then, a brief artic cold front is expected to move into the region late on Saturday night, bringing temps to low 30’s and some scattered snow showers on Sunday, especially in North Jersey.

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During the week, a couple low pressure systems are in the NWS forecast. Little snow if any is expected from these systems, especially in the late week, when a significant warm-up is expected.

Asbury Park and Monmouth County weekend weather forecast

Saturday: Mostly sunny, with a high near 45.

Saturday night: Partly cloudy, with a low around 33.

Sunday: Partly sunny and a chance of snow before 1 p.m. The high should be near 39. Chance of precipitation is 30%. New snow accumulation of less than a half inch possible.

Sunday night: Partly cloudy, with a low around 22.

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Wildwoods and Atlantic County weather forecast

Saturday: Partly sunny, then gradually becoming sunny, with a high near 56.

Saturday night: Partly cloudy, with a low around 31.

Sunday: Partly sunny and a slight chance of rain before 1 p.m. The high should be near 44. Southeast wind 5 to 10 mph. Winds could gust as high as 20 mph. Chance of precipitation is 20%.

Sunday night: Partly cloudy, with a low around 19.

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Newark and Essex County weather forecast

Saturday: Mostly sunny, with a high near 53.

Saturday night: Increasing clouds, with a low around 32.

Sunday: Cloudy and scattered snow showers before 1 p.m. Then gradual clearing of skies, with a high near 39. Chance of precipitation is 40%.

Sunday night: Partly cloudy, with a low around 17.

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Juan Carlos Castillo is a New Jersey-based trending reporter for the USA Today Network. Find him on Twitter at _JCCastillo.



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New Jersey

Winning numbers drawn in Thursday’s New Jersey Pick 6 Double Play

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Winning numbers drawn in Thursday’s New Jersey Pick 6 Double Play


The winning numbers in Thursday’s drawing of the “New Jersey Pick 6 Double Play” game were:

8, 23, 29, 34, 43, 45

(eight, twenty-three, twenty-nine, thirty-four, forty-three, forty-five)

For more lottery results, go to Jackpot.com | Order Lottery Tickets

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San Diego Wave FC Unveils “Balboa Park Kit”: New Community Jersey for 2026 Season – San Diego Wave Fútbol Club

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San Diego Wave FC Unveils “Balboa Park Kit”: New Community Jersey for 2026 Season – San Diego Wave Fútbol Club


 
Wave FC introduce all-new community kit inspired by San Diego’s Historic Balboa Park

Since 1868, Balboa Park has served as the city’s creative commons. Spanning 1,200 acres, the park is home to world-class museums, performing arts institutions, community gathering spaces, and everyday moments that define life in San Diego, from pickup soccer games to family picnics and cultural celebrations. Larger than New York’s Central Park and Chicago’s Millennium Park combined, Balboa Park represents the depth, diversity, and creative energy of the region.

Designed in collaboration with Nike, the bespoke kit draws the park’s historic architecture and vibrant tilework. The sleeve cuffs and collar feature the vibrant colors of pink, orange and blue, and patterns from Balboa Park’s tilework, translating architectural detail into wearable design.

Kaiser Permanente, who continues to serve as the official team physicians of Wave FC, is proudly featured on the front of the Balboa Park Kit for the fifth consecutive season. Additionally, San Diego based global leader in glucose management, Dexcom, the Club’s official glucose biosensing partner, is returning for the third year and will be featured on the right sleeve. The Club’s pride mark, a compass symbolizing direction, unity and purpose, is displayed on the lower left corner of the new jersey.

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To celebrate the launch, San Diego Wave FC will host its 2026 Jersey Launch Event, presented by Jameson Irish Whiskey, tonight, February 26, at Plaza de Panama in Balboa Park, from 4-8 p.m. PT. The free, public event, will feature live entertainment, exclusive access to the Balboa Kit, giveaways, a Fifth Season museum experience, and community activations spotlighting leaders and organizations from across Balboa Park cultural community.

As part of the event, a portion of proceeds from the Balboa Park Kit will be donated to Forever Balboa Park, supporting the preservation, accessibility, and future of the park for generations to come. Fans can donate directly to Forever Balboa Park here. The San Diego Museum of Art will provide a complimentary gift to all Season Ticket Members at gift pickup for fans to use throughout the museum’s Centennial Celebration. Wave FC players will be in attendance throughout the evening, connecting the fans and celebrating the launch alongside the community.

Fans who purchase a Balboa Park Kit at the event or online on the day of launch will receive an exclusive Fifth Anniversary patch, commemorating the Club’s fifth season.

The Balboa Park Kit joins the Altamar Kit as part of San Diego’s full 2026 jersey collection and is now available here. Fans can select “pick up at event” for an expedited entry line at the Balboa Park event.





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