Jan
03

More Illinoisans Fleeing Than Anywhere

January 03, 2012

Last week, Chicago Real Estate Forum discussed data that showed Illinois tying with another state for most out-of-state moves last year, and now another major moving company is backing up that data.

Allied Van Lines released its 44th Annual Magnet States Report on Tuesday with Illinois atop its list of states with the highest net relocation losses in 2011.

Through Allied, Illinois recorded 1,198 moves out of state last year, an increase from 1,050 losses in 2010.

Pennsylvania (940 relocation losses) came in second. Michigan, which was the No. 1 outbound state in 2010, had a net loss of 900 moves in 2011, an improvement over the previous year’s 1,149. New Jersey (841) and New York (669) rounded out the top five, the same states that were the top 5 outbound states in 2010 as well.

The approval of an income tax increase early last year in Illinois was one big reason for all the moves out of town. Companies are taking their operations to states that offer bigger tax incentives.

Last week, United Van Lines reported that Illinois tied New Jersey for largest outbound migration in 2011. To read about that, click here.

On the other side of Allied’s data, the moving company reported more inbound moves to Texas (2,000) than any other state last year, and for the six years prior as well, for that matter.

Florida was second, followed by South Carolina, Colorado and Oregon. The big surprise came in at No. 7: After spending about a decade on the outbound list, including stints at No. 1 in 2004 and 2006, California has landed on the inbound list. It also was listed as the Most Mobile State, with more than 12,000 interstate moves last year by Allied.

“2011 is certainly a turning point year for California,” said Bill Lyon, Vice President and General Manager, Allied Van Lines. “Overall, Allied Van Lines has seen modest growth this year, and we see the news from California as a bellwether for positive movement in the future for states that have seen hard times in this economy.”

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