Allied Van Lines: Californians Leavin'; Almost 60% of CA traffic headed east
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As late as 2018, California topped the list for Allied Van Lines’s inbound movers. But in 2020, the company noticed a reversal in the trend. Now, more people are fleeing from this state than from any other. Fueling the exodus are taxes, a high cost of living, and stringent regulations. California Globe’s Katy Grimes reports.
California makes the top of another list – unfortunately it once again is for outbound migration – we are losing residents to other states, and not replenishing them with inbound migrants.
Allied Van Lines Company is out with their 2024 Allied US Migration Report showing which states have the most inbound and outbound migration. Who better than a moving company to offer a detailed analysis of the current trends in interstate moves across the United States? They highlight significant patterns and underlying economic factors.
“This year marked another decrease in the volume of interstate moves. Following the 20% decrease in 2022 compared to 2021, there was a further 12% decline in 2023 relative to the previous year,” Allied said. “This continuous decline indicates a notable shift in migration patterns over the last two years.”
Allied reports that California had 41.1% inbound and 58.9 outbound in 2023.
Worth noting is that in 2018 California was one of the top Inbound destination states, also according to Allied Van Lines Company data. By 2020, only two years later, California’s inbound migration was 40%, while its outbound migration was nearly 60%, which leads us to California’s bleeding residents and businesses today.
The exodus from California, including the relocation of companies like Oracle, Tesla, and Vrbo, can be linked to its high cost of living, stringent regulatory environment, and high taxes. Despite its strong economy and innovation hubs, these factors have compelled individuals and businesses to relocate.
Read the whole thing here.
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