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The 2024 North American Van Lines Annual Migration Report shows
Illinois was second in the country for outbound moves behind
only California. In Illinois, 60% of moves were outbound while
40% were inbound. It is the first time in 10 years Illinois
didn’t lead the country in outbound moves.
The company said it examined several metrics, including
researching population reports and getting input from top
companies in the moving industry to gain insider knowledge.
Marketing director Ryan Cox said ever since Gov. J.B. Pritzker
locked down Illinois with COVID-19 restrictions in 2020,
Illinoisans have been flocking to one specific area of the
country.
"The top inbound states are North and South Carolina, Idaho,
Tennessee and Georgia, and a lot of people from Illinois are
actually moving to the Carolinas,” said Cox.
Cox said high taxes and cost of living prompts people to move,
especially when it comes to housing.
“I think quality of life is one of the top concerns for people
moving,” said Cox. “With household prices skyrocketing in
Illinois, they are finding more reasonable, affordable housing.”
Property taxes are a main driver to prompt people to pack up and
leave. Illinois has the second highest property taxes in the
country. According to Rocket Mortgage, at 2.08% of the home's
value each year, the owner of a median priced home in Illinois
of $432,500 will pay just over $9,000 a year. In comparison, a
homeowner in South Carolina pays 0.57% for a median priced home
of $383,900. That comes out to $2,175 per year.
According to the report, the top inbound cities were Greenville,
South Carolina, Charlotte, North Carolina, and Nashville,
Tennessee.
The most popular day to move in 2024 was Friday, and the most
popular month was August. |
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