DALLAS — Texas is one of the most popular relocation states for high-income earning families, according to an analysis of tax filing data for 2019-20.
The Lone Star State ranked second nationally with a net gain of 5,356 households making at least $200,000 a year, according to fintech company SmartAsset. That narrowly edged out Arizona, but both totals fall well behind leader Florida’s 20,263 net total.
Texas added 18,417 tax filers making at least $200,000 but it also lost 13,061, according to the analysis.