Table of Contents
Where do most New Jerseyans move to?
Among the top inbound states were South Carolina (64\%), Oregon (63\%), South Dakota (62\%) and Arizona (62\%)….Movin’ Out: New Jersey Tops List of States with 70\% Outbound Moves.
| Inbound | Reason for Moving | Outbound |
|---|---|---|
| 8.96\% | 45 to 54 | 2.94\% |
| 32.84\% | 55 to 64 | 23.53\% |
| 44.78\% | 65 or older | 61.77\% |
| Inbound | Income Level | Outbound |
What are the most moved out of states?
According to a study by Move.org, Texas ranked second in the U.S. for the most moved-to state, and also ranked second for the state people moved away from. Texas ranked just behind Florida for most states moved to, followed by California. Also, California was the top state people moved away from, with New York third.
Is the moving industry growing?
The moving industry employs 122,600 people. Their combined annual payroll comes out to around $3.6 billion. While the strength of the moving industry tends to mirror the strength of the overall economy, the industry has been growing at a rate of about 3\% yearly since the end of the Great Recession.
Why are so many people moving to New Jersey?
According to the United Van Lines data, retirement and job opportunities were among the top reasons NJ residents were moving. As the baby boomer population ages, older residents are leaving cold Northeast states like New York and New Jersey and opting instead for warmer climates to settle down in.
Where do New Jersey residents move to retire?
As Florida is known as a popular retirement destination, it’s easy to see that many New Jersey residents are flocking to this southern state for this reason. 3. Pennsylvania The third most moved-to state from New Jersey is Pennsylvania.
Why are Baby Boomers leaving New Jersey?
As the baby boomer population ages, older residents are leaving cold Northeast states like New York and New Jersey and opting instead for warmer climates to settle down in. According to the data, more than half (56\%) of people leaving New Jersey were over the age of 55, with 22\% being older than 65.
Which companies are moving offices to Florida?
Companies have been opening offices in the state, too. The hedge fund Elliott Management is moving its headquarters to West Palm Beach, the private-equity firm Blackstone plans to open an office in Miami, and Subway is shifting some business units to Miami. Have you moved to Florida?