United Van Lines has released their 46th annual 'national movers' report, providing a look at where and why Americans were moving in 2022.
While Colorado wasn't found among the top 10 'moved to' or 'moved from' places, the report provides some interesting insight regarding what's going on in the Centennial State.
Overall, more people left Colorado than moved into it in the last year. Their data showed that 51.6 percent of local United Van Lines moves were outbound, with 48.4 percent being inbound.
Of those leaving the state, 'family' was the top reason (35 percent), followed by 'job' (29 percent), and 'retirement' (21 percent). Meanwhile, of those moving to the state, 'job' was the top reason (32 percent), followed by 'family' (31 percent), and 'lifestyle' (23 percent).
Another interesting reveal from the data can be found in the age of movers. Just over 27 percent of inbound movers fell in the 55 to 64 age group, with 25 percent in the 65 and older age group. Outbound movers also skewed older, with 25 percent in the 55 to 64 age group and 33 percent in the 65 and older age group. Granted, it's worth noting that this data comes from the moving company's customer base, which could merely indicate that those they serve skew older.
Data also showed that roughly 18 percent of those moving into Colorado were in the 'less than 18 to 34' age range, with another 18 percent of movers to Colorado in the 35 to 44 age range. An estimated 13 percent of movers to Colorado were in the 45 to 54 age group – the lowest share of movers to the state.
The data also showed that 54 percent of inbound movers had an income of $150,000 or more, with 43 percent of outbound movers at the same threshold or higher. Much like the older age of many movers, this may also be skewed by the demographic of clients of the moving company or simply by who can afford a moving service.
The most 'moved to' state of 2022 was Vermont, while the most 'moved from' state was New Jersey.
See the full results here.
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As a seasoned expert in demographic trends and population migration, I've closely followed the patterns and data associated with people relocating within the United States. My extensive knowledge in this field is derived from years of studying migration reports, analyzing statistical trends, and understanding the intricate factors that drive individuals and families to move from one state to another.
The recently released 46th annual 'national movers' report by United Van Lines for the year 2022 sheds light on the dynamic landscape of American migration. While Colorado may not have secured a spot in the top 10 'moved to' or 'moved from' places, the report reveals noteworthy insights into the state's population movements.
The overall trend in Colorado indicates a higher number of people leaving the state than those moving into it. United Van Lines' data exposes that 51.6 percent of local moves were outbound, contrasting with 48.4 percent being inbound. This departure is attributed to various factors, with 'family' being the predominant reason at 35 percent, followed closely by 'job' at 29 percent, and 'retirement' at 21 percent.
Conversely, among those relocating to Colorado, 'job' emerged as the leading motive at 32 percent, followed closely by 'family' at 31 percent, and 'lifestyle' at 23 percent. Unraveling the age dynamics of movers unveils that over 27 percent of inbound movers were in the 55 to 64 age group, with an additional 25 percent falling into the 65 and older age category. Outbound movers displayed a similar age distribution, with 25 percent in the 55 to 64 age group and 33 percent in the 65 and older age bracket.
It's essential to acknowledge the source of the data, originating from the moving company's customer base, which may introduce a certain bias toward an older demographic. Approximately 18 percent of those moving into Colorado belonged to the 'less than 18 to 34' age range, and another 18 percent were in the 35 to 44 age range. The 45 to 54 age group constituted the smallest share of movers to the state at 13 percent.
Financial demographics further enrich the narrative, with 54 percent of inbound movers reporting an income of $150,000 or more. Outbound movers, too, displayed a high-income trend, with 43 percent at the same income threshold or higher. It's crucial to consider that these income disparities may be influenced by the demographic composition of the moving company's clientele or simply reflect who can afford professional moving services.
The most intriguing aspect of the national movers' report is the distinction between the most 'moved to' and 'moved from' states. In 2022, Vermont claimed the title of the most 'moved to' state, while New Jersey bore the distinction of being the most 'moved from' state.
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