A new study has issued a dire warning for the future of New York, predicting a massive shrinkage in the state’s population if current trends continue. According to researchers at Cornell University, New York could see a loss of up to 2 million people over the next 25 years, reducing the total population from 19.7 million to less than 17 million.
The main factors contributing to this potential population decline are lower birth rates, deaths, and a failure of enough newcomers to offset these losses. Domestic migration flows are identified as the biggest driver of population change in New York.
The consequences of this population decline are significant. New York could lose seats in Congress, resulting in less influence over federal policy affecting the state. Additionally, there could be a decrease in federal funding based on population, a negative impact on businesses and jobs, and a decline in tax revenue for both the city and state.
This trend of population decline is not new for New York, as the state has experienced steady net out-migration for decades. In the 1940s, New York had 45 seats in the House of Representatives based on its share of the national population, but that number has dwindled to just 26 today, with a possibility of dropping even further after the 2030 Census.
During the COVID-19 pandemic, New York City alone lost nearly half a million people from April 2020 to July 2022, representing 5.3% of its population. While some residents have returned, many have left for good. In contrast, states like Florida and Texas experienced population growth during the same period.
The reasons behind New York’s population decline are attributed to progressive policies that have led to high taxes, increased crime, and a failing public school system. Governor Hochul’s plans to reintroduce congestion pricing, along with previous tax hikes, have put a heavy burden on Midtown Manhattan motorists. Felonies are on the rise, homelessness is rampant, and standardized test scores indicate a lack of proficiency among students.
It is clear that the progressive agenda in New York is driving residents away. If these issues are not addressed promptly, it could spell the end of New York as we know it. The state must take action to reverse these trends and create a more attractive and sustainable environment for its residents.