New Jersey is one of the top five states people are moving out of most frequently, according to recent data.

The Garden State also has some of the highest property and income tax rates nationally.

Some residents told News 12 that's no coincidence.

"Everything's going up, and other states are not doing that. Other states are making it easier for the residents to live in," said New Jersey resident Tony Hansen.

A recent study from tax research group National Taxpayers Union Foundation says a resident leaves New Jersey once about every 14 minutes.

The study is based on the latest available data from the IRS showing how many taxpayers move into and out of each state every year.

"You don't see the results. I mean, I'm willing to pay if you have to, but it's just too expensive to live here. Property tax went up, and you don't see the results," said Sammy Dimes, from Old Bridge.

New Jersey ranks in the top for two key categories: property tax and income tax.

The Tax Foundation, a national tax policy nonprofit, says New Jersey has the second highest effective property tax rate in the country.

Effective property tax rate is the tax rate per $1,000 of assessed value.

"Property taxes are high if you have a house that is very expensive. Most people have really expensive houses. So, they have a lot of taxes," said longtime New Jerseyan Edgar Perello.

New Jersey also ranks fourth in the country for the highest maximum individual income tax rates, according to additional data from the Tax Foundation.

New Jersey is one of many states with graduated income tax rates, meaning residents who earn more pay more.

When asked whether the cost of living could affect their decision to stay in the Garden State long term, Hansen said, "It's crossed our minds plenty of times. We definitely don't see ourselves retiring in Jersey because of that."