Net Decrease of Californians

Written by Jim the Realtor

December 11, 2012

About 100,000 more people moved away from California in 2011 than those who relocated to the Golden State, according to the latest report from the U.S. Census Bureau.

The trend can be explained, in part, in monetary terms. Even in an economic boom, the cost of living in California has increased, prompting people to move out, and, in recent years, unemployment in the state has skyrocketed.

So, where are these former Californians going?

The Census Bureau calculates that the most popular destination is Texas (58,992), a state that is luring California companies. That’s followed by Arizona (49,635), Nevada (40,114), Washington (38,421) and Oregon (34,214).

Although in smaller numbers, people are still relocating to the Golden State.

Texans make up the largest number of translates to California with 37,387 people, according to the report. That is followed by people from Washington (36,481), Nevada (36,159), Arizona (35,650), and New York (25,269).

Economic experts are optimistic that California’s economy has started picking up steam, and may reverse the movement out of the state.

“We expect over the next couple of years that we will add jobs,” said Robert Kleinhenz, chief economist with the Los Angeles County Economic Development Corporation. “This year, we’ve added jobs in California at a faster pace than in the nation as a whole. So, we are moving in right direction. As that happens, we’ll see the migration numbers turn around some.”

A major facet of the state’s economy, the agriculture industry has been affected by fewer undocumented immigrants crossing the border, deterred from coming to the U.S. because of high unemployment and a developing middle class in Mexico.

According to the Census Bureau, 468,428 people have moved to California from other states and 269,772 have moved to the state from other countries.

http://www.nbclosangeles.com/news/local/Californias-Population-Moving-Out-182914961.html

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2 Comments

  1. tj & the bear

    After hitting those models in Stonebridge I checked the price of similar homes in Texas — HALF the price. Still, I’m not moving back.

  2. FuturesWatcher

    This trend will continue. I was naively hoping the net outflow was heading south so they don’t have to take another 3% from me next November. In about 12 months that is gonna’ put a ceiling on prices once everyone sees how much prop 30 is actually gonna cost ’em so they’ll start being more aggressive to find out of state alternatives.

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