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Where’s Home Sweet Home? Probably Where You Are

Posted By Tamara Lytle On June 4, 2013 @ 11:43 am In Washington Watch | Comments Disabled

Americans stayed put in record low numbers from 2005 until 2010, according to a new Census Bureau study [1]. Only 35.4 percent of people moved during the period, the lowest rate ever recorded by the Census Current Population Survey, and 4.1 percent lower than during the previous five-year period.

Okie_car_rear_view_1941 [2]Older Americans [3], who generally relocate less often than younger adults, followed the trend. Less than 14 percent of people 65 and older moved — compared with more than 18 percent from 2000 until 2005. For the 45- to 64-year-old group, 23.5 percent moved — compared with 26.5 percent last time.

Though relocation has consistently dropped after hitting a high of 46.7 percent from 1985 to 1990, the lingering effects of the recession [4] might be adding molasses to moving patterns, according to Carl Haub, senior demographer with Population Reference Bureau.

“Slow sales in the housing [5] market have certainly kept some people in place. It may also be because people are having more difficulty finding a different or better-paying job, one of the main causes of moving. My guess is that those two things have played a significant role, Haub says.

Join the discussion: Share your most memorable vacation Spots [6]

Older Americans who did move provided some interesting anomalies:

  • Among all movers, 21 percent of the 65- to 74-year-old group headed to a new state, the highest of any age group.
  • The South had the biggest net gain of residents, and the biggest bloc, 253,000, was in the 45- to 65-year-old age group.
  • While younger adults left the Midwest, people age 75 and up moved in, perhaps to be closer to family.

 

Photo: Farm Service Agency via Wikimedia

 

Also of Interest

 

See the AARP home page [10] for deals, savings tips, trivia and more

 


Article printed from AARP: http://blog.aarp.org

URL to article: http://blog.aarp.org/2013/06/04/americans-didnt-move-homes-in-record-numbers-census-study-says/

URLs in this post:

[1] new Census Bureau study: http://www.census.gov/prod/2012pubs/p20-567.pdf

[2] Image: http://blog.aarp.org/wp-content/uploads/2013/06/Okie_car_rear_view_1941.jpg

[3] Older Americans: http://www.aarp.org/personal-growth/transitions/info-2006/migration.html?intcmp=AE-BLIL-DOTORG

[4] recession: http://www.aarp.org/livable-communities/learn/housing/info-12-2012/aarp-housing-for-older-adults-the-impacts-of-the-recession.html?intcmp=AE-BLIL-DOTORG

[5] housing: http://www.aarp.org/livable-communities/learn/housing/?intcmp=AE-BLIL-DOTORG

[6] Share your most memorable vacation Spots: http://community.aarp.org/t5/Destinations/Most-memorable-vacation-spots/m-p/23521#U23521?intcmp=AE-IL-CONT-COMM

[7] Find Cheap Places to Stay When You Travel: http://blog.aarp.org/2013/05/22/find-cheap-places-to-stay-when-you-travel/

[8] Retiring Boomers Driving Sales of Small Businesses: http://blog.aarp.org/2013/05/16/retiring-boomers-driving-sales-of-small-businesses/?intcmp=AE-ENDART2-BL-BOS

[9] Join AARP: https://appsec.aarp.org/MSS/join/application?intcmp=AE-ENDART3-BL-MEM

[10] AARP home page: http://www.aarp.org/?intcmp=AE-ENDART3-BL-HP

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