The Millstone Times May 2019

REAL ESTATE

56% of us have no idea how much we’ll need to retire but 100% of us still plan to have a good retirement.

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Check out our Reviews on Life insurance offered through Allstate Life Insurance Company, Northbrook, IL; Allstate Assurance Company, Northbrook, IL; Lincoln Benefit Life Company, Lincoln, NE; and American Heritage Life Insurance Company, Jacksonville, FL. Securities offered by Personal Financial Representatives through Allstate Financial Services, LLC (LSA Securities in LA and PA). Registered Broker-Dealer. Member FINRA, SIPC. Main Office: 2920 South 84th Street, Lincoln, NE 68506. (877) 525-5727. © 2015 Allstate Insurance Co. Moves to and From the South and West Dominate Recent Migration Flows 1. The South experienced a net population gain from movers coming in from other regions of the United States. 2. Florida received the most movers from other states. 3. Los Angeles County had the highest number of people moving out, but also had the highest number moving in. These are just a few of the highlights in three recently released U.S. Census Bureau data products on migration at different geographic levels. Migration or geographic mobility refers to the movement of people from one location of residence to another. Movers to and from the South make up the largest domestic migration flows at the regional level. In 2018, about 1.2 million people moved to the South from another region, while only about 714,000 moved from the South to another region. This resulted in a net gain of about 512,000 people. If movers from abroad are included, the net gain from migration to the South is about 959,000 people. The South drew about 412,000 people from the Northeast, 356,000 from the Midwest, and 459,000 from the West. The region lost about 317,000 to the West and 276,000 to the Midwest. The South to Midwest flow does not differ statistically from the Midwest to South or South to West flows, and the Northeast to South, Midwest to South, West to South, and South to West flows do not differ statistically. The Northeast had the lowest overall mover rate in 2018, at 7.7 percent. The other three regions do not differ statistically from one another, at 10.4 percent for the Midwest, 10.8 percent for the South, and 10.7 percent for the West. Compared to the 2018 overall national mover rate of 10.1 percent, the Northeast mover rate is lower, the South and West mover rates are both higher, and the Midwest mover rate does not differ statistically. New York contributed the most to Florida’s inflow with 63,722 people moving from New York to Florida. This flow is between regions, from the Northeast to the South. The second-highest contributor was Georgia with 38,800 in movers. Leaving California. California had the most domestic out movers, with 661,026 people moving to another state within the past year. The states with the next highest outmigration flows are Texas with 467,338 out movers, New York with 452,580, and Florida with 447,586. Texas, New York and Florida do not differ statistically. Among the five states that received the most out movers from California, several are adjacent to California or nearby: Texas (63,174 out movers), Arizona (59,233), Washington (52,484), Oregon (50,109) and Nevada (47,513). Texas andWashington do not differ statistically fromArizona, andWashington, Oregon, and Nevada do not differ statistically from each other. The flow from California to Texas is between regions, from the West to the South. The Census Bureau also produces migration flows at the county level using the ACS five-year data. Estimates for these smaller geographies are based on a pooled five-year ACS sample rather than a single year. 229752

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The Millstone Times

May 2019