Illinois Is Gaining/Losing Taxpayers

Date: January 16, 2019

Related Content: News Economy Illinois

 

More people are moving out than moving to Illinois, according to a new study of state-to-state migration patterns.

The United Van Lines’ 42nd Annual National Movers Study, which often precedes official government migration data, shows that 34.1 percent of movers relocated to the state, while 65.9 percent moved out.

Of those who moved to the state, 59.11 percent did so for a job, the highest percentage of five variables, including lifestyle (9.29 percent), family (26.77 percent), health (5.58 percent) and retirement (5.20 percent).

Nationally, the state ranked No. 48 for inbound migration—an ominous sign for business owners in the state.

The study found that Americans are moving to the nation’s western and southern regions.

“As the nation’s largest household goods mover, our study allows us to identify the most and least popular states for residential relocation throughout the country, year after year,” said Eily Cummings, director of corporate communications at United Van Lines. “These findings accurately reflect not only where Americans are moving to and from, but also the reasons why.”

More people moved out of New Jersey—66.8 percent of moves outbound—than any other state. More people moved into Vermont—72.6 percent—than any other state.

“The data collected by United Van Lines aligns with longer-term migration patterns to southern and western states, trends driven by factors like job growth, lower costs of living, state budgetary challenges and more temperate climates,” said Michael Stoll, economist and professor in the Department of Public Policy at the University of California, Los Angeles. “Unlike a few decades ago, retirees are leaving California, instead choosing other states in the Pacific West and Mountain West. We’re also seeing young professionals migrating to vibrant, metropolitan economies, like Washington, D.C. and Seattle.”

To read the study, click here: https://www.unitedvanlines.com/contact-united/news/movers-study-2018

 

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