1/30/2014 - Many on the move last year
Last year, many people had alternative plans in mind for living arrangements, given the fact that more than one-tenth of all Americans packed up their bags for a substitute destination, according to newly released data.
The U.S. Census Bureau reported that nearly 36 million residents in the U.S. - the equivalent of just under 12% - moved between 2012 and 2013, the latest period for which data is available. This comes after a somewhat inactive period for moving in 2011, when just over 11.5% of the nation's homeowners and renters decided to change their street addresses.
David Ihrke, a demographer with the Census Bureau's Journey-to-Work and Migration Statistics Branch, indicated that for the most part, movers tried to stay somewhat local.
"Relatively few of these movers traveled long distances," said Ihrke. "In fact, nearly two-thirds stayed in the same county."
Among those who did decide to relocate outside of their county, it wasn't by much. Census Bureau numbers illustrated that about four in 10 moved to a location that was within 50 miles of their former home. Meanwhile, about one-quarter of the nation's itinerant pulled up the stakes for a place that was 500 miles away or more.
As might be expected, renters were more given to move than homeowners. At some point in 2012, just under 25% of renters relocated versus about 5% of all owners, Census Bureau statistics showed.
On a regional basis, individuals living in the Northeast were the least likely to decamp. This part of the country had a mover rate of approximately 8%. Midwestern residents were similarly wary to move, at 11%.
While there are many things to get done after moving, one of the most important tasks is changing auto insurance and property insurance policies, whether for renters or homeowners. Selective has a 13-state footprint in the U.S., making it easy for home and auto policyholders to transfer their plans over state lines.