Using data provided by the US Census Bureau of 2016-2017, we produced a list of the most popular 10 states people are moving to.
A trend was observed that most of the movement were to the southeast and southwester parts of the United States. The reason is that the Baby Boomer generation are moving towards warmer climates. However, it is not only the retirees that are increasing the population in a number of these states. The 10 states which are on the list have shown to have good economies that are attracting people to new jobs that are popping up in those areas. The following is each of those 10 states and a number of the reasons for their growth according to the data received from the 2016-2017 timeframe.
Colorado increased their population by 33,465 in 2016 and 2017. The booming economy and wonderful outdoors are bringing both young and old to move there. The Centennial States is also the home to a number of large companies such as Coors and Chipotle. Boulder, Colorado also has its own tech areas with companies such as Amazon, Apple and Google building new offices.
During 2018 to 2019, Colorado also increased its employment rate with an additional 44,800 jobs, according to state released reports. Job opportunities are making younger population move to the state. Colorado came in 3rd on a list by SmartAsset.com on the 2018 list of where Millennials are going. The main reason suggested for the move has been offered as the outdoors life of the state.
US News and World Report also mention the state for the increase in retirees. The state ranked #4 on the list of quickly aging states. By 2016, the senior citizen population had increased by 55 per cent.
Nevada grew by 35,232 people between 2016 and 2017. However, Nevada can contribute its growth to the neighboring state of California. Studies have presented evidence that large numbers of Californians are moving to Nevada because of the better living costs. Henderson, a Las Vegas suburb is one of the fastest-growing communities with 56 per cent of the newcomers from California. According to the states DMV records, the state is increasingly gaining an influx of Californians as reported by The Wall Street Journal. KNTV reported average cost of homes in Las Vegas were $249,000. Meanwhile, the average cost observed in the Bay Area of California cost nearly $923,000 and $636,000 in Los Angeles.
The Pahrump Valley Times reported that Nevada had created nearly 50,000 jobs in the past year alone with the economy still showing progress. The state Gov. Steve Sisolak made the announcement Nevada has finally become one of the fastest-growing areas for the private sector in the United States. It was also reported that the state has become a new leading area for small business employment opportunities.
Tennessee had gained 37,223 people in the year between 2016 and 2017. According to several reports the state is showing an increase in aged populations and retirees. The Street, ranked the state as 21st on a list of the best places for retirees because of the low taxes and cost of living rates. The state is also becoming attractive to younger migrants. SmartAsset.com gave Nashville the second-best score for the best city for creatives. The report suggested that there were currently 8700 people working in creative fields, nearly 93 of 10,000 workers were employed in a creative occupation. With little doubt, Nashville was the area of choice for creatives in the music industry, with nearly 1,800 singers and musicians.
The US News and World Report ranked Tennessee #12 this year for being one of the states with the strongest economies. Tennessee has a number of cultural specialties such as spades, BBQ and its music history. Nashville has numerous live music venues such as Bluebird Cafe and The Grand Ole Opry. Each year the state sponsors a huge music festival in the summer, Bonnaroo.
7. South Carolina
South Carolina increased its population by 39,073 in 2016 and 2017. The state is known for its warm and comfortable climate and a good economy that attracts retirees, the young and even migrants. The report by SmartAsset.com ranked the state in 2018 as one of the most popular places for retirees to move as the report estimated nearly 8,521 people over 60 years old are moving. The US News and World Report ranked South Carolina on their 10 most rapidly-ageing states, stating citizens 65 years and older have almost doubled in a decade to nearly 830,000 people. The University of South Carolina reported the reason for the state’s population boom, as told to the Post and Courier, had to do with the milder climate and the lower cost in living expenses.
Oregon has 40,059 more people in the years 2016 and 2017. A number of factors are contributing to the increase of the population of the Beaver State. Oregon is currently observing a boom in the tech industry while larger companies such as Xerox and Intel are moving offices to the Portland area, the new Silicon Forest. In 2017 and 2018, Oregon made 42,000 jobs. More than 11,400 were created in construction. Another industry that is growing is the healthcare industry with an additional 6,400 jobs. Reports have observed that the reason the state is feeling such a boom in the healthcare industry is due to the aging population of Oregon. Retirees are also making their way to the state. In fact, SmartAsset.com, ranked Oregon as the #7 of the states where retirees were moving. The state has a vast climate and landscape with a mild climate, snow-covered mountain tops, high deserts and beautiful coasts. Enough to keep the retiree active for many years.
Texas increased its population to over 61,043 people during 2016 and 2017. The rapid growth of the population is more than likely due to the growing economy. CNBC named Texas as the best state for small businesses. The states huge oil industry is one of the largest contributors to the states GDP. Texas also added nearly 240,000 jobs, as reported by the Texas Workforce Commission. These jobs included mining and logging as fastest-growing industries. However, Texas is quickly becoming an are for tech industries as well. Companies such as Apple, Amazon and Google are making their way to Austin. Inc. magazine has marked San Antonio as a new Tech Hub because of the growth in cybersecurity businesses. San Antonio was listed according to the Census as the fastest growing city and Harris County as the third fastest-growing county in the United States.
Washington gained 62,062 people to its population in 2016 and 2017. Much of the state’s population increase is not due to retirees, but to a much younger population of workers who are relocating to the state. Major companies such as Amazon, Boeing, Microsoft and Starbucks have headquarters in this state, that provides many opportunities. Reports by SmartAsset.com found that Washington is where most Millennials moved in 2016, while a large part of the group stopped in Seattle. The city has a number of benefits that the young workers can enjoy such as no income tax. The city was listed by WalletHub as the 3rd best place to move for Millennials according to the quality of life, education, health, economy, affordability and civic engagements. Washington is still a popular place of retirees as it is listed as the top 10 aging states according to US News and World Report.
3. North Carolina
North Carolina’s population grew by 73,545 people between 2016 and 2017. The mild weather and over 300 miles of coastline make this area one of the most beautiful and popular to move in the United States. The Street named North Carolina as the 7th most popular places to move for retirees due to the climate and living cost. SmartAsset.com also reported how the state was a popular place and came in 3 as the best place to move. There are currently over 15,665 people that are over age 60 and more are to come in the following years. The US News and World Report rank North Carolina’s economy as one of the strongest in the US. An increasing GDP and a younger working-age population appear to underpinning this. Charlotte is now a hub for the banking industry as a number of the state’s industries include food processing, vehicle parts, pharmaceuticals and technology.
Arizona gained 98,843 to its population between 2016 and 2017. Arizona is currently the second fastest-growing state in America. This is also mainly due to the increase in retirees. The Grand Canyon State was also reported to be one of the US’s aging states according to the US News and World Report in 2018. It was suggested that Arizona has nearly 1.17 million people 65 years or older. This number is almost 17 percent of the state’s population. The reason for the state’s attraction is the dry heat that is felt year-round. Another contributing reason is the cost of living in the state is one of the best according to The Street. The state has below average taxes and the economy is showing quite a boom. This year, the US News & World Report showed that Arizona was the 10th ranked state for its economy, strong GDP and friendly business environment
Florida received an increase of 145,094 people in 2016 and 2017. At the top of the list is Florida that opens its arms wide with warm weather all year and numerous beaches. The state has always been a popular destination for retirees. The estimates have suggested that 84,663 people 60 years and older have moved to Florida in 2018, according to the SmartAsset.com report. Of course, there are not only warm weather and beaches, but the state is home to numerous golf courses which make the state a perfect place to retire. Florida is also one of the best states for tax and still supports a strong economy. Kiplinger rates the state as one of the friendliest for retirees. The state is also ranked number 7 as one of the best growing economies.