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May 5, 2021

Study: 27,200 people moved from NYC to CT in 2020

Contributed photo CBRE says Connecticut saw an influx of New York City residents in 2020.

Over 27,000 people left New York City and its surrounding metro areas for Connecticut last year, according to a new study, attaching concrete numbers to a phenomenon followed closely by the state’s elected leaders and real estate industry since the earliest days of the COVID-19 pandemic.

Using change-of-address data from the U.S. Postal Service, commercial real estate services firm CBRE calculated that 27,200 people moved to Connecticut from the New York City-Newark-Jersey City area in 2020, making it the fifth-most popular destination for city transplants behind New York state, New Jersey, Florida, Pennsylvania and California.

Compared to those other states, Connecticut saw by far the biggest percentage increase in New York City arrivals on a year-to-year basis, up 66.4% from 2019, when around 16,300 people from the city switched their address to a Connecticut-based residence.

CBRE’s study shows that most New Yorkers who set their sights on Connecticut moved to Fairfield County. Around 17,300 people relocated from the city to Fairfield County communities in 2020, up 72% from the year before. That rate far outpaced New York locations such as Nassau and Suffolk counties, which comprise most of Long Island, as well as Westchester, Dutchess, Orange and Ulster counties, which are situated north of New York City.

While CBRE did not say why Fairfield County specifically has proven so attractive to New Yorkers, numerous figures in Connecticut’s real estate industry have pointed to its close geographic proximity to Manhattan, ready access to beaches, parks and shopping centers and leafy, relatively private neighborhoods.

Other Connecticut counties registered much more modest gains, including Hartford, where 3,117 former New York City residents settled in 2020.

New Yorkers also moved in large numbers to Atlanta, Boston, Fort Lauderdale, Los Angeles, Miami, Philadelphia and Poughkeepsie, New York, according to CBRE.
 

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