About 31,000 people left D.C. during the pandemic and it cost the city a lot of money.
The District lost about $3 billion in tax revenue by people moving out. Many of them earned $100,000 to $200,000 a year. An analysis, released by the city using IRS data, showed many of those who left are between the ages of 26 and 44, and they took their money to the suburbs.
Many who left ended up in the close-in suburbs of Alexandria and Arlington and other parts of Northern Virginia. But the top destination for D.C. residents who left was Prince George’s County.
In terms of how much D.C. lost in tax revenue, the top five places people went are Montgomery County, Prince George’s County, Fairfax County, Alexandria, and Annapolis.
Click here to read the rest of the article written by Kyle Cooper over at WTOP
