Blog: Influx of New Yorkers in Florida
Influx of New Yorkers in Florida Sparks Positive Impact on Automotive Industry
Feb 17, 2023
A record-breaking number of New Yorkers have packed their bags and hit the highway towards a new destination down south. The Florida Department of Highway Safety and Motor Vehicles released new data proving more Empire Staters are moving to the Sunshine State than ever before.
As Scanlon Acura has proudly served areas throughout Southwestern Florida including Fort Myers, Bonita Springs, Port Charlotte, Cape Coral, Estero, Naples, and more, this information quickly grabbed our attention.
The New York Post first reported a shocking 64,577 New York residents switched their NY licenses to a Florida one in 2022. This beat the numbers from the previous year, where just 61,728 made the move.
At the end of the day, a higher population equals a higher demand for vehicles. This increase in traffic is a green light for the automotive industry, which expects to see sales and product interests continue to rise moving forward.
Even looking at state-level electric vehicle (EV) sales, last year Florida made the top of the list. Data from Urban Science DataHub | New Sales shows Florida holds the spot for the nation’s second-highest EV sales volume.
Though the road doesn’t end there… In fact, it expands to other states such as New Jersey, California, Illinois, and Pennsylvania. All four states set new records for outbound migration to Florida in 2022.
New Jersey came in second behind New York, with 32,184 residents switching their Garden State licenses to a Florida one.
While concerns for inventory, gas prices, inflation, interest rates, and more are still prominent, the growing population is bringing more families and businesses to the area. A CBT News report states in Central Florida, new and used car sales remain strong thanks to the higher demand.
As for us here at Scanlon Acura, we believe, as always, that it’s a great time to be a part of the Southwest Florida automotive family!