The number of people relocating inside the U.S. fell to its lowest level ever in the last year, according to the latest U.S. Census Bureau data. The number was 11.2 percent. The South saw 901,000 people leave the region but welcomed 940,000 in the same time period. Florida remains the go-to state for most people moving from colder climates; the Sunshine State also saw a strong uptick in migration from the state of Texas (and Texas saw an almost equally strong inflow from California). See press release here.
On the face of it, in-migration is a sign of an area’s economic health and a signal of a vibrant future. But retirees looking for a pleasant place to live out most of their remaining days should not judge an area solely by its popularity. Indeed, net inward migration might imply an area’s attractiveness but local town officials had better be savvy enough to prepare for more traffic, more burdens on infrastructure and, if young families are part of the equation, the need for more schools (and, potentially, higher taxes).