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More people are moving out of Montana than into the state according to data compiled by United Van Lines.

In assessing the data, the Tax Foundation makes the point that there is some correlation between a state’s tax policies and whether people are attracted to the state or leave it. That doesn’t always hold up, however, at least not in assessing the business tax climate. Montana was ranked by the Tax Foundation as having the fifth best business climate in the nation but ranks 41st in terms of inbound migration.

Nevertheless, five of the ten states that rank near the bottom for inbound migration, also have the worst business tax climate. The business tax climate was compiled based on rates for corporate taxes, individual taxes, sales taxes, property taxes and unemployment insurance taxes. Not having a sales tax boosts Montana’s index for a sales tax to No.3 in the nation.

The 2018 National Movers Study shows Vermont, Oregon, Idaho, Nevada, and Arizona as the states with the most inbound migration. Meanwhile, outbound migration was highest in New Jersey, Illinois, Connecticut, New York, and Kansas. In Arkansas, Maine, and Mississippi, inbound and outbound migration were nearly balanced, with roughly the same number of people moving into and out of those states.