Illinois Residents Movin’ On – Updated

United Van Lines reports that Illinois is Number 2 is the ratio of people moving out versus those moving in.  63% of the loads are leaving Illinois.

I wonder where weather would be categorized.

Interesting that young people are moving into Illinois.

This does not match the Census Bureau information, as you can see below.

The income data is not the same as that provided by the U.S. Census Bureau.

Here is the relevant paragraph from a Wall Street Journal article reporting on Illinois Census data:

“The numbers are especially worrisome for the state’s tax base because the average person moving out of the state earns some $20,000 more than the average person moving in.”

Found this related information on Capitol Fax Blog:

From David Jacobson at Moody’s Investors Service…

On p. 5 of its new Weekly Credit Outlook for Public Finance released today, Moody’s notes the State of Illinois (rated Baa2/negative outlook) has experienced a third consecutive annual population drop in 2016, a credit negative underscoring tepid growth trends that will complicate efforts to enact a balanced budget and keep up with mounting pension funding pressures.

United Van Lines driving past Crystal Lake’s Main Beach.

From 2013-16 as the national population increased 2.2%, Illinois shrank by 0.6% as thousands of residents departed for other states.

Illinois was one of only four states to see population declines each year for the period 2014 through 2016, according to Census Bureau data released on December 20.

Net migration has had a negative impact on populations in 31 states since the last census, while helping population growth primarily in states that serve as retirement havens or that have strong economies.

But the case of Illinois appears more severe; its annual outflow of residents steadily worsened during the past three years.

Based on the Census Bureau’s state-to-state migration estimates for 2015 (the most recent available), many of the top destination states for those leaving Illinois were adjacent or nearby states, such as Indiana (Aaa/stable) or Michigan (Aa1/stable), which both featured faster job growth.

Other top destinations for those leaving Illinois included Arizona (Aa2/stable), California (Aa3/stable) and Florida (Aa1/stable).

Population loss can be a cause, as well as an effect, of economic deterioration.

A self-reinforcing cycle of population loss and economic stagnation could greatly complicate Illinois’ efforts to stabilize its finances.

Even assuming the state reaches a consensus on addressing its current operating deficit and benefits from steady economic growth, Illinois’ pension funding requirements as a share of budget likely will rise to 30% (from about 23% currently) in coming years.


Comments

Illinois Residents Movin’ On – Updated — 14 Comments

  1. I’m having trouble understanding how United Van Lines would get this data.

    A lot of people don’t use traditional movers when they move, a lot of people who use movers use a different company, and I’ve never in my life had a moving company ask me my annual income or reason for moving.

    These have to be guesstimates or some data they cobbled together from other sources.

  2. There is a mistake in the income numbers.

    The left column adds up to 100%, but the right column only adds up to 68.5%.

  3. Note that most ins and outs are job related.

    As long as we keep electing officials who have no problem raising the salaries of public sector employees plus refusing to heal the pension hemorrhage, the exodus will continue.

    I would like to see the detail behind the “ins” for jobs.

    How many of those jobs were ‘incentivized’ with tax breaks?

  4. The U.S. Census publishes statistics for Public Sector employment: https://www.census.gov/govs/apes/

    Based on a state population 12,837,801, Illinois ranks number ONE in the dollar amount paid for library salaries in the month of March 2016 when spread over the number of residents as compared to the other states.

    NOTE: The statistics do NOT include any Pension Payments!

    In the job category of “Fire Protection – other” we also rank number ONE!

    For the following job categories we rank number FOUR:

    “Police Protection – Persons with Power of Arrest”

    “Parks and Recreation”

    “Transit”

    For the following job categories, we rank number FIVE:

    “Police Protection Total”

    “Sewerage”

    For the job category “Fire Protection Total” we rank number SIX.

    For the job category “Fire Protection – Firefighters” we rank number EIGHT.

    For the job category “Education – Elementary and Secondary Total” we rank number NINE.

    There are many other job categories and for the most part, public sector employees in Illinois earn more than do their counterparts in other states.

    one category where Illinois does rank low is in the catgory of “Education other”.

    That job category includes: Administrative and Clerical Employees; Operations and Maintenance Employees;
    Cafeteria Employees;Bus Transportation Employees; Health and Recreation Employees; Paid Student Employees; Unallocable Elementary and Secondary Education Employees

    For that job category we rank FORTY – FOURTH.

    The other low rank is in the job catgory of “Health”. If you want to see what is included there, check out job category 32 at this link: http://www2.census.gov/govs/pubs/classification/2006_classification_manual.pdf

    For that job category we rank fith from the bottom (lowest salary per resident).

  5. I have an idea.

    Let’s build a new library, new hospital, new sportsplex, add on to our junior college…

  6. As long as mayhem and murder reign in Chicago/Cook County
    and the Democrats run amok all over the state, the Great Exodus from
    Illinois will continue unabated.

    I live for one thing, the day I can join others who have abandoned this state forever.

  7. College kids are leaving en masse as well, as little financial aid exists in this wasteland. Looking forward to following my college kids out of state ASAP.

    NY Times data show 14,000 more kids leave than stay.

    Schools have tuition breaks just for IL’s best and brightest.

    Talk about brain-drains.

    http://dupagepolicyjournal.com/stories/511061645-pro-growth-reforms-called-for-to-stem-exodus-of-millennials

    http://www.nytimes.com/interactive/2016/08/26/us/college-student-migration.html?_r=0

  8. We may continue to see these sort of numbers as the Baby Boomers retire.

    That people are choosing to retire here had me shaking my head in bewilderment.

    Illinois, and especially McHenry Country, is woefully unfavorable for retirees from a tax standpoint–unless you are a beneficiary of the pension system.

    United Van Lines info is at least a good indicator of trends, though without actual move numbers it’s difficult to really assess the impact, but it’s not good.

  9. Re: “That people are choosing to retire here had me shaking my head in bewilderment.”

    People who retire on only social security or a small pension are flocking to Illinois and especially McHenry County.

    Why?

    It’s called the “safety net”.

    Want to see the benefits?

    http://www.mchenry.edu/peopleinneed/PINDirectory.pdf

    Fifty four pages full of the “safety net”.

    BTW, NWH editor, Dan McCaleb is on the board for one of the premier agencies involved!

    Seriously doubt you will ever see an article in the NWH which points out that this County provides ‘services’ to seniors it cannot afford!

  10. Lots of food organizations, for sure.

    But I would highly doubt that seniors are flocking to McHenry County to utilize them.

  11. I see a lot of bravo sierra organizations.

    People are just enslaving themselves to the government teat again.

    It’s the new world agenda.

    I see many taking the bait.

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