Wednesday, April 29, 2009

Residential Mover Rate in U.S. is Lowest Since Census Bureau Began Tracking in 1948

The U.S. Census Bureau announced that the national mover rate declined from 13.2 percent in 2007 to 11.9 percent in 2008 — the lowest rate since the bureau began tracking these data in 1948.

In 2008, 35.2 million people 1 year and older changed residences in the U.S. within the past year, representing a decrease from 38.7 million in 2007 and the smallest number of residents to move since 1962.

Among those who moved in 2008, 65 percent moved within the same county, 18 percent moved to a different county within the same state, 13 percent moved to a different state, and 3 percent moved to the U.S. from abroad.

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