Americans were on the move in 2019 and baby boomers led the way, according to an annual study conducted by United Van Lines. The study and its accompanying survey show that more baby boomers moved than any other age group last year, accounting for more than 45 percent of all the company’s inbound moves in 2019.
“Key factors like the baby boomer generation re-locating upon reaching retirement age as well as states’ economic performances and housing costs drove these 2019 moving patterns,” said Michael A. Stoll, economist and professor in the Department of Public Policy at the University of California, Los Angeles. “United Van Lines’ study encompasses data consistent with the broader migration trends to western and southern regions that we’ve been seeing for several years now.”
Major reasons for moving south were retirement (24 percent) and job change (46 percent). Following this trend, Florida (58.1 percent) joined the list of top 10 inbound states for the first time since 2015. Among all states, more residents flocked to Florida for retirement (40.5 percent) and for lifestyle change (22.97 percent) than any other state.
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Methodology
The study looked at the number of moves in and out of the contiguous 48 states that were conducted by the moving company. Only states with more than 250 moves total were counted, which left Vermont out of the final tally. Though a higher percentage of people moved to Vermont than any other state (almost 75 percent of the moving company’s total moves in and out of the state), just 214 total moves were tallied.
Also, several states saw nearly the same number of residents moving inbound as outbound. Oklahoma and Maine are considered “balanced states,” with an almost equal 50/50 split among movers coming and going.
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Things to consider when moving, especially in retirement
There’s often more to moving than meets the eye, especially when it comes to expenses. Here are 8 hidden costs of moving you may want to consider. And here are 9 ways to make the moving process easier.
Of course, it’s also a good idea to know just how far your finances will go in your chosen location, especially if you’re at or near retirement age.
These are the 10 most & least affordable states for retirement, and this is how much money you need to retire comfortably in every state.
Of course, if you’re more nomadic, keep in mind that plenty of people are choosing to spend retirement on the road. If you want to retire and live in an RV full-time, here are 8 things you need to know.
These are the 23 states more people were moving to than leaving in 2019:
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23. Nebraska
Total moves: 1,168
In: 51%
Out: 49%
Image Credit: Feverpitched.
22. West Virginia
Total moves: 378
In: 51.1%
Out: 48.9%
Image Credit: Getty.
21. Georgia
Total moves: 7,103
In: 51.2%
Out: 48.8%
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20. Arkansas
Total moves: 1,089
In: 52.4%
Out: 47.6%
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19. New Hampshire
Total moves: 686
In: 52.8%
Out: 47.2%
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18. Rhode Island
Total moves: 707
In: 52.9%
Out: 47.1%
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17. Colorado
Total moves: 6,195
In: 53.4%
Out: 46.6%
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16. Wyoming
Total moves: 369
In: 55.3%
Out: 46.7%
Image Credit: DepositPhotos.com.
15. Delaware
Total moves: 513
In: 55.4%
Out: 44.6%
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14. Alabama
Total moves: 2,118
In: 55.5%
Out: 44.5%
Image Credit: DepositPhotos.com.
13. Texas
Total moves: 15,596
In: 55.6%
Out: 44.4%
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12. Nevada
Total moves: 2,175
In: 55.8%
Out: 44.2%
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11. Tennessee
Total moves: 4,094
In: 56.1%
Out: 43.9%
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10. New Mexico
Total moves: 1,516
In: 56.1%
Out: 43.9%
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9. North Carolina
Total moves: 7,660
In: 57.3%
Out: 42.7%
Image Credit: DepositPhotos.com.
8. South Dakota
Total moves: 357
In: 57.4%
Out: 42.6%
Image Credit: DepositPhotos.com.
7. Florida
Total moves: 13,611
In: 58.1%
Out: 41.9%
Image Credit: Ingo Dörenberg / iStock.
6. District of Columbia
Total moves: 994
In: 59.3%
Out: 40.7%
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5. Washington
Total moves: 8,986
In: 59.5%
Out: 40.5%
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4. South Carolina
Total moves: 3,542
In: 61.8%
Out: 38.2%
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3. Arizona
Total moves: 5,315
In: 63.2%
Out: 37.8%
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2. Oregon
Total moves: 2,822
In: 65.7%
Out: 34.3%
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1. Idaho
Total moves: 1,056
In: 67.4%
Out: 32.6%
This article was produced and syndicated by MediaFeed.org.
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