Foreclosure Home News and Opinion 2012 Studies Show Migration Trends For Large Moves to Pittsburgh, D.C. Areas

U-Haul: Biggest Population Shift to Pittsburgh in 2012

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People were on the move in 2012 and apparently the most popular place for them to move to was Pittsburgh, Penn., according to the 2012 Top U.S. Growth Cities Report recently released by U-Haul International.

The Steel City topped the list of 30 metro areas selected with 9.04 percent population growth, based on data collected by U-Haul International from more than 1.6 million one-way truck rentals during a recent 12 month period. The cities chosen for the list had more than 5,000 families moving in or out of the area during that time.

“Growth cities were then determined by calculating the percentage of inbound moves vs. outbound moves for each area,” said John Taylor, president of U-Haul International, Inc.

Other cities in the U-Haul top 10 included Henderson, Nev. (7.54 percent growth), Austin, Texas (7.30 percent), Reno, Nev. (7.15 percent), San Francisco, Calif. (6.82 percent), Jersey City, N.J. (5.16 percent), Raleigh, N.C. (5.06 percent), Nashville, Tenn. (4.28 percent), Columbus, Ohio (4.15 percent) and Tacoma, Wash. (4.09 percent).

In another migration study of moving patterns put together by Atlas Van Lines for 2012, the nation’s population was found to prefer relocating to Southwestern or mid-Atlantic coastal states.

According to the Atlas study, the highest percentage of interstate moves that were inbound last year were to Washington, D.C., followed by North Dakota and North Carolina. The highest percentage of interstate outbound moves were from Wyoming, Nebraska and New York.

Over the 10 year period (2002 – 2012), the moving company has found the highest percentage of interstate inbound moves have been to Washington, D.C., followed by Alaska and New Mexico. By comparison, the highest percentage of interstate outbound moves over those same years have been from New York, New Jersey and Ohio.

The states with the highest total number of interstate moves (inbound and outbound combined) during the 10 year period studied have been California, Florida and Texas, three states that have been consistently in RealtyTrac’s top 10 foreclosure totals since the housing crisis began in earnest back in 2007.

Likewise, the states/metro areas with the most consistent number of inbound moves over the past decade have been Alaska, North Carolina and Washington, D.C., while those with the most consistent outbound moves during the same period were New York, Indiana, New Jersey and Ohio.

After years of recessionary conditions, more people starting to move around the country most likely means the general public is gaining confidence in the rebounding U.S. economy.

Other stories from the RealtyTrac newsroom:
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‘Slow Speed’ Investor Tracks Phoenix Market With RealtyTrac


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Comments

This is a really interesting article, thanks for posting. With so many industries being outsourced to other countries, it is refreshing to see people migrating back to the Steel City. Also, the Oil boom makes North Dakota a natural destination for those seeking lucrative jobs. They're much braver than I am, however. I could never make it through a North Dakota winter out on a rig! Konrad | http://www.marcustruckrental.net/ Posted: February 10, 2014 by: konradwithak13

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