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Factoid of the Day Friday, April 28, 2017
Brookings Institution demographer William Frey reported that close to 600,000 people moved from the Midwest and Northeast to the Sun Belt states in 2016, the most since 2005, according to Bloomberg. Sun Belt migration declined by nearly 50% between 2005 and 2010 as aging baby boomers delayed retirement due to the plunge in home values and stock prices. In 2016, Florida added 207,155 people, or roughly 578 per day. New York and Illinois each had more than 100,000 people leave their state in 2016.
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