Florida increasing in personal income while California declining, data shows

TALLAHASSEE, Fla. – The Bureau of Economic Analysis’ 2022 data shows that states such as Florida, Tennessee and Texas are growing in average personal income, while places such as California, New York and Illinois are decreasing.

“Red states get richer while blue states get poorer,” FreedomWorks Senior Economic Contributor Stephen Moore said.

Florida ranks 10th on the list, trailing Arizona, Texas, Utah, South Dakota, Colorado, Montana, Idaho, North Dakota and Delaware.

California sits at 45th, only beating Illinois, Rhode Island, Mississippi, Louisiana, Washington D.C. and New York.

A recent poll from the Daily Mail found that 47% of Americans would prefer to live in DeSantis’ Florida, compared to 40% who would want to live in California, led by Gov. Gavin Newsom.

Additionally, CNBC ranked Florida as the number one state for their overall economy.

“We had our state open, we have low taxes, we have a very strong regulatory climate favorable for businesses,” DeSantis said in June. “And so, you’ve seen us grow, you’ve seen other red states grow.”

Florida and California have been in a rivalry, mostly due to the disagreements between DeSantis and Newsom throughout the coronavirus pandemic and their navigation through the Biden administration’s federal policies.

The two well-known governors will go head-to-head in a “red state vs. blue state” debate hosted by Fox News in November.