Study: The Upper-Middle Class Is Leaving Maryland

10/31/20

The upper-middle class now represents 12% of all American households, up from 10% almost 40 years ago. This growing, high-earning demographic is also on the move, migrating across state lines potentially looking for job opportunities, attractive housing markets or lower tax liabilities.

To find the states where upper-middle-class people are moving, SmartAsset analyzed IRS data on inflows and outflows of people with incomes between $100,000 and $200,000 in every state.

Out of all 50 states and the District of Columbia, Maryland ranks as the fifth-most popular state that the upper-middle class is leaving, with a net of 3,522 upper-middle-class people moving out of the state between 2017 and 2018.