Moving company study shows more people left Illinois than any other
state last year
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[March 23, 2022]
By Kevin Bessler | The Center Square
(The Center Square) – An analysis by a
moving company shows people continue to flee the Land of Lincoln.
The Allied Magnet States report shows Illinois had the highest
percentage of outbound residents in 2021, more than any other state. The
report analyzes moves by Allied Van Lines customers and home-value data
from Zillow to provide moving and housing trends.
“Illinois is primarily about work and cost of living,” Allied President
Steve McKenna said. “People are looking to lower their cost of living by
buying the Sun Belt.”
Of the total number of people moving over the Illinois state line in
2021, 68% were moving away while 32% were inbound.
For the past five years, Illinois has been in the top 10 for the top
outbound states, along with California, Michigan and Pennsylvania.
Chicago tops the list of metro areas that originated the most net
outbound moves, sending the most people south and west to Phoenix, Los
Angeles and Houston.
The analysis shows Springfield residents have packed up and headed to
cities like St. Louis, Charleston, South Carolina, and Punta Gorda,
Florida.
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Last year, Peoria residents headed to Dallas, Tampa and Nashville.
According to a study by the Weldon Cooper Center for Public Service in
Virginia, Illinois’ population is projected to contract by 3.1% from now
until 2040 – a decrease of nearly 400,000 people. If that holds true,
Illinois will go from being the sixth most populous state to the eighth
most populous.
Population decline contributes to the lower economic prospects of the
state, as working families move on leaving fewer residents to shoulder
increasing tax burdens.
According to the Allied report, for those who had work-related moves,
Texas and California are the top destination states for the last five
years, as both have strong economies and a large workforce.
McKenna said companies have been on the move as well.
“Corporations have moved their facilities and locations to other places,
especially to the Sun Belt from Texas over to Atlanta,” McKenna said.
Texas is projected to grow its population by more than five million
residents by the end of the decade as an increasing number of companies
are moving their operations to the Lone Star State.
The top inbound states last year were South Carolina, Tennessee, North
Carolina and Florida.
Kevin Bessler reports on statewide issues in Illinois for
the Center Square. He has over 30 years of experience in radio news
reporting throughout the Midwest. |