According to the 43rd Allied van Lines Magnet States Report based on residential relocation of their clients, Texas remains at the top of the list for the sixth year in a row with other states trailing relatively far behind. While we take reports like this with a grain of salt because it can’t possibly encompass everyone relocating, it does give a taste of what the national relo trends are.
At AG, we’ve been screaming from the mountaintop that employment is the answer to a strong economy, and Texas’ diverse economy has kept the employment rate at or below the national rate for 45 consecutive months and has added 172,800 jobs from October 2009 to October 2010 whereas other states have not weathered the storm as well.
Michigan has experienced consistency as the highest net relocation losses with a hard hit employment pool and rising foreclosure rates.
Outbound population shifts
- California -9.4%
- Florida -7.2%
- Texas -6.0%
- Illinois -5.4%
- Pennsylvania -4.5%
- Virginia -4.5%
- New York -4.4%
- North Carolina -3.7%
- Michigan -3.5%
- Washington -3.3%
Inbound population shifts
- California +9.2%
- Texas +8.5%
- Florida +7.7%
- Virginia +4.6%
- North Carolina +4.0%
- Illinois +3.8%
- New York +3.7%
- Georgia +3.4%
- Arizona +3.4%
- Washington +3.4%
Population volume change of top Inbound cities
- California -0.2%
- Texas +1.3%
- Florida +0.5%
- Virginia +0.1%
- North Carolina +0.3%
- Illinois -1.6%
- New York -0.7%
- Georgia +0.3%
- Arizona +0.6%
- Washington +0.1%
As migration patterns point out strengths and weaknesses in the American housing market, we continue to see Texas as a magnetic state and Michigan as losing ground.
Lani is the COO and News Director at The American Genius, has co-authored a book, co-founded BASHH, Austin Digital Jobs, Remote Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.
