The “Untethered Class” are people with no school-aged children, renters with remote-friendly jobs that tend to skew younger and higher income. San Francisco and the Bay Area have a higher percentage population of untethere which may help to explain why permanent moves from SF increased 23% when the national average was only 3%.
Read More Americans Are Leaving Cities, But Don’t Call It an Urban Exodus.
Links to this note
-
Topeka Kansas Estimates a 10x Return on Relocating Remote Workers to Their City
The city of Topeka, Kansas estimates 10x in annual tax revenue for every $5k they spend in incentives to relocate high paying remote workers to their city. Small cities can build programs that attract individual remote workers that can have an immediate impact on taxes and boost the local economy.