Texas was once again the nation’s No. 1 destination for residential locations, according to Allied Van Lines’ 43rd Annual Magnet States Report released Jan. 3. The Lone Star State has now claimed that distinction for six straight years.
Texas realized the highest net relocation gain — inbound moves minus outbound moves — performed by Allied Van Lines. The 1,640 net relocations in 2010 was lower than the nearly 2,000 families Texas attractived in 2009, but it far outpaced all other states, Allied Van said. Colorado came in second place, with net relocation gains of just over 400 and Florida, South Carolina and Arizona rounded out the top five states with the largest net relocation gains.
“Allied Van Lines experienced modest growth in 2010, and the trends noted in the Magnet States report are consistent with what we’ve seen when the economy begins to emerge from a recessionary period,” says Bill Lyon, vice president and general manager of Allied Van Lines. Relocation for employment is the leading motivation for an individual to move, Lyon says.
Although Texas had the greatest net gain in relocations, it ranked third in total Allied Van shipments behind California and Florida.
Meanwhile, Michigan once again suffered the highest net relocation losses, followed by Illinois, Pennsylvania, New Jersey and New York.