New to California? You're likely to be single
A new Californian is likely single, taking a shot at what's left of the pricey California dream.
My trusty spreadsheets analyzed taxpayer migration data from the IRS for 2020, the pandemic era's first year. The research looked at household adjusted gross income by tax return and how many people were accounted for on that filing — taxpayer and/or spouse or dependents.
Note: These numbers do not track nonfilers, a group that tends to be poorer. But taxpayer stats do hint at where paychecks and retirement funds are headed.
Top line
The average taxpaying American household making an interstate move in 2020 had 1.83 people.
Now consider federal tax returns from Californians new to the state. These households were 10% smaller, averaging 1.66 people. Only five states had smaller move-in households: the District of Columbia at 1.35, Massachusetts and New York at 1.5 and Vermont and Rhode Island at 1.6.
These figures suggest California had an above-average inflow of singles and far fewer inbound couples or families with children. That's not terribly surprising considering the state's higher cost of living.
Meanwhile, the size of an exCalifornia household was roughly the national norm — 1.8 people per household departed, a midrange No. 27 rank.
Details
This is just more evidence that California, as a place to live, is not very popular with fellow Americans — even if its statewide average income is $101,000, the nation's sixth-highest.
Just look at the finances of who's coming and going.
The average adjustable gross income for new Californians in 2020 was $83,100, No. 20 among the states. That's not familyfriendly kind of money.
Wyoming drew the biggest income earners from anywhere in the U.S. at $133,700. Next was Florida at $121,800, Connecticut at $119,100, New Jersey at $98,800 and New Hampshire at $96,000.
Lowest? Mississippi at
$54,000, North Dakota at $54,500, Oklahoma and West Virginia at $54,900 and Kentucky at $58,200.
Next, consider the 2020 incomes of exiting Californians.
The households who left made an average $105,100, No. 5 behind Connecticut at $117,600, New
York at $114,400 and New Jersey at $107,700.
Lowest exit incomes were found in Mississippi at $51,000, Idaho at $54,300, Montana at $54,700, West Virginia at $57,000 and Louisiana at $58,300.
Now ponder the resulting income differences.
Businesses looking to convert their fleets to electric vehicles typically face millions of dollars in costs to cover new vehicles and charging stations — not to mention the time it takes to make the transition.
But Inglewood-based Zeem Solutions allows companies to operate zero-emission trucks, vans and shuttle buses for a flat monthly fee. That covers vehicle leasing, charging, maintenance, parking and insurance, as well as a lounge where drivers can rest or eat lunch.
Founded in 2018, Zeem already has contracted with several Southern California companies, including Starline Tours.
The switch lowers fuel costs — particularly amid the current gas price spike — while also improving air quality, the company touts. And it comes at
a lower cost than owning and operating a gas or diesel fleet.
Zeem's prices vary depending on fleet size and the type of vehicles used. A company that operates box trucks (typically 10 to 26 feet in length), for example, would pay $4,000 per vehicle per month. That price could vary slightly depending on options, such as adding a lift gate, the company said.
A $50 million investment
Zeem is looking to expand its operations using a $50 million capital commitment from infrastructure and energy investor Arclight Capital Partners LLC. The investment company has a track record of investing in businesses and assets that contribute to a decarbonized future.
Zeem co-founder and CEO Paul Gioupis said many businesses would like to use EVs but are deterred by up-front costs and the time it takes to make the switch to an emissions-free fleet.