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TEXAS is #1 Relocation Destination in U.S.

June 16th, 2011


 


Allied Van Lines moved 1,640 families into Texas in 2010.

Texas Leads U.S. in Inbound Migration, Michigan Leads in Outbound Moves

For the sixth year in a row, Texas eclipsed every other state and took the lead as the No. 1 magnet state in 2010, based on Allied Van Lines 43rd Annual Magnet States Report, which tracks U.S. migration patterns.

Texas realized the highest net relocation gain (inbound moves minus outbound moves performed by Allied Van Lines, one of the world's largest moving companies) of 1,640. That's lower than the nearly 2,000 families it attracted in 2009, but it far outpaced all other states. Colorado came in second place, with net relocation gains of just over 400 and Florida, South Carolina and Arizona rounded out the top five states with the largest net relocation gains.

"Today there are more Fortune 500 companies located in Texas than any other state in the union," said Bill Dircks, president of Berger Transfer & Storage. "With our branch locations in Austin, Dallas, Houston and San Antonio, we've serviced a large number of relocations into the state this past year. A healthy business climate, coupled with family-friendly cities, makes Texas a very attractive place to work and live."

Better in Texas

According to the Texas Comptroller's office, Texas' position compared to other states remains strong in spite of national economic slowdowns. Thanks to a diverse, strong economy, employment in Texas has weathered the storm better than most other states. The Texas unemployment rate has been at or below the national rate for 45 consecutive months and unlike most states, Texas is currently adding jobs - up 172,800 jobs from October 2009 to October 2010.

Texas logged just under 9,600 total shipments and ranked third behind California (about 12,300 total shipments) and Florida (about 9,900 total shipments). California secured its title once again as "most mobile state," with the highest volume of inbound and outbound shipments by Allied Van Lines.

"Allied Van Lines experienced modest growth in 2010, and the trends noted in the magnet states report are consistent with what we've seen when the economy begins to emerge from a recessionary period," said Bill Lyon, Allied vice president and general manager. "Relocation for employment is the leading motivation for an individual to move."

Outbound States

Michigan again experienced the highest net relocation losses (more outbound than inbound shipments), followed by Illinois, Pennsylvania, New Jersey and New York. Economic woes and a soft housing market are probable causes for this decline. Allied Van Lines logged 2,352 outbound shipments from Michigan in 2010 compared to 1,203 inbound moves for a net relocation loss of 1,149. Illinois experienced the second largest net relocation loss with 1,050 more outbound than inbound moves, closely followed by Pennsylvania with a net relocation loss of 972, and New Jersey with a loss of 699.

Source
truckinginfo.com

Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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