For the first time in decades, the number of Americans moving to another state may be increasing, according to an analysis from The Harvard Joint Center for Housing Studies (JCHS). This is largely due to a growing number of millennials and baby boomers leaving places like California and New York for Colorado, Washington, and Sunbelt states, Riordan Frost writes on JCHS’ Housing Perspectives blog.
The three major data sources for residential mobility—the Current Population Survey (CPS), the American Community Survey (ACS), and the IRS Population Migration data (IRS)—all show notable drops in domestic migration during the Great Recession. After 2010, however, they diverge, with the ACS and IRS data showing an uptick in the number of interstate migrants while the CPS data show a stabilization after a long-term decline.
The ACS data shows an uptick in domestic migration by 25 to 34 year olds and Americans over 55, Frost notes. The ongoing trend of migration to Sunbelt states continues, and Utah was the only state what went from a net loss of residents in 2012 to a net gain in 2016, the analysis found.Read More