By Solange Reyner
States won by President Donald Trump in the 2024 election collectively gained more than $2.2 trillion in adjusted gross income from interstate migration between 2012 and 2023, while states won by Vice President Kamala Harris lost nearly $2 trillion during the same period, according to economic data released by the Committee to Unleash Prosperity, a conservative economic group.
The group’s analysis, titled “Red States vs. Blue States: Where the Money Went,” examined cumulative adjusted gross income gains and losses tied to Americans relocating between states over an 11-year period using IRS migration data.
According to the report, the 31 states carried by Trump gained a combined $2.199 trillion in net adjusted gross income from inbound migration, while the 19 states plus Washington, D.C., won by Harris posted a combined net loss of $1.960 trillion.
“It’s a constant theme of ours at UP: blue state residents moving to red states and taking their money and businesses with them,” the group said in a press release accompanying the report.
“The numbers get bigger every year,” the organization added.
“Our UP economics and demographics team has gained access to the IRS data over the entire period from 2012-23. Over that 11-year period, some $2 trillion in cumulative income has migrated out of high-tax blue states to low-tax red states.”
The group described the shift as economically significant, noting the amount exceeded “the entire GDP of most nations.”
Florida recorded the largest gain among Trump states, adding $1.293 trillion in adjusted gross income tied to migration during the period.
Texas followed with a gain of $371 billion, while Arizona gained $203 billion. South Carolina and North Carolina each posted gains of roughly $187 billion.
Other Republican-leaning states showing significant gains included Nevada at $150 billion, Tennessee at $112 billion and Idaho at $72.2 billion.
The report said “nearly every blue state has lost income due to moving vans and nearly every red state has been a winner,” adding that “Florida is the giant winner, New York is the weakest link.”
Among states won by Harris, Colorado posted the largest gain at $127 billion, followed by Washington at $119 billion and Oregon at $60.8 billion.
However, several Democratic-leaning states recorded steep losses. New York posted the largest decline overall at $660 billion, followed by California at $503 billion and Illinois at $399 billion.
New Jersey lost $212 billion, while Maryland and Massachusetts posted losses of $120 billion and $118 billion, respectively.
Several Trump-won states also experienced losses, including Pennsylvania at $115 billion and Ohio at $106 billion.