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Migrationtrends

All articles tagged with #migrationtrends

economy-and-business2 years ago

"Top 2023 Moving Destinations Revealed: Texas Leads, Wilmington Shines"

Texas has been named the top destination for movers in 2023, marking the sixth time in eight years it has topped the U-Haul Growth Index. The state's appeal is attributed to its booming industries, absence of state income tax, and housing of the most Fortune 500 company headquarters. California continues to experience a mass exodus, primarily due to its high cost of living. Florida remains the second most popular state for movers, also benefiting from having no state income tax. The top ten states for relocation also include North Carolina, South Carolina, Tennessee, Idaho, Washington, Arizona, Colorado, and Virginia.

via CNBC|
##californiaexodus#economy-and-business
economy-and-business2 years ago

"U-Haul Trends: Texas Leads While Michigan and Illinois Lag in 2023 Migration Report"

Michigan is ranked as the No. 46 state in the U.S. for growth, based on U-Haul's annual "Growth Index" which tracks migration trends through one-way rental data. Despite a slight increase in arrivals, Michigan's overall position remains near the bottom, though it has improved from its previous No. 48 ranking. The report aligns with U.S. Census data showing Michigan's population decline, particularly in its most populated cities. Contrastingly, states like Texas and Florida lead as top growth states, while California continues to experience the largest net loss.

via MLive.com|
##economy-and-business#michigan
societylocal-news2 years ago

"New Jersey Tops 2023 List for Highest Out-Migration Rates"

A study by United Van Lines has revealed that New Jersey topped the list as the state with the highest percentage of outbound moves in 2023, marking the sixth year in a row. With 65% of moves being out-of-state, factors such as retirement, lifestyle changes, and the high cost of living are driving the exodus. Illinois, North Dakota, New York, and Michigan also feature in the top five states people are leaving.

via News 12 New Jersey|
##costofliving#migrationtrends
economybusiness2 years ago

"2023 Migration Trends: Top Inbound and Outbound States Revealed by U-Haul Data"

U-Haul's 2023 Growth Index report indicates Illinois ranks third among states with the highest number of people moving out, following California and Massachusetts. Texas continues to be the top destination for movers for the second consecutive year. The index measures the net gain of one-way U-Haul truck rentals, and despite a decrease from the pandemic peak, the trend of moving to the southeast and southwest persists. Illinois has also seen a population decrease, according to recent Census estimates.

via WGN TV Chicago|
##economybusiness#illinoisoutbound
regional-news2 years ago

"Massachusetts Tops 2023 Outbound Migration List, Surprising Study Reveals"

The United Van Lines' annual study revealed that Massachusetts was one of the top states people moved from in 2023, with 56.6% of the company's customers leaving the state. The main reasons for moving included employment, retirement, lifestyle, and family. The trend shows a shift towards more affordable, lower-density areas, particularly in the South. In contrast, states like Vermont and Rhode Island saw an influx of new residents.

via Boston 25 News|
##massachusetts#migrationtrends
business-and-economy2 years ago

"U-Haul Reveals Top States for Relocation in 2023: Texas Leads the Way"

North Carolina has been ranked as the third top growth state in the U.S. for 2023, according to the U-Haul Growth Index, which tracks the net gain of one-way U-Haul rentals. Despite a slight decrease in overall moving traffic, North Carolina saw more arrivals than departures, with Charlotte and other cities being notable for their net gains. Texas and Florida lead the rankings, while California remains at the bottom for the fourth consecutive year. The U-Haul Growth Index is recognized as a measure of states' and cities' ability to attract and retain residents, though it doesn't directly correlate with population or economic growth.

via WRAL TechWire|
##business-and-economy#florida