What's Prompting Migration to and from Wisconsin?

United Van Lines analyzed the movement of people to and from each state.  They conducted an in-depth analysis, exploring factors such as income, age, and the reasons behind the moves Let’s dive into the stats for Wisconsin. 

Wisconsin shows a balanced distribution, with 49.5% inbound and 50.5% outbound moves. In Wisconsin, many people move there because they want to be with their families, and some also come for jobs. But when people leave Wisconsin, it's mostly because they need to find work somewhere else, and some also leave to be closer to their families. So, family and jobs are the main reasons why people come and go in Wisconsin. It's not a big surprise that 17% of people leave the state when they retire. But what's surprising is that 9% of people come back to the state for retirement.

When we check how much money people make and if they move, we see that if you have more money, you're more likely to move to the state, but you're also more likely to leave. This makes sense because moving costs money.

The most people move when they're older than 55 years old. This is probably because they're moving to be with their families and to retire, and they have enough money to move whenever they want.

On the other hand, the age group between 18 and 34 also moves a lot. This makes sense because the second most common reason people move is for jobs, and when young people begin their careers, they often go where the jobs are available.

Now, let's look at how Wisconsin compares to our neighboring state, Illinois. In Illinois, there's a noticeable gap between the number of people moving in and those moving out. About 39% of people are coming into the state, while a larger group, 61%, are leaving.  In Illinois, people are moving in and out because of family and jobs, but the significant difference is that very few people are moving to Illinois when they retire but lots are leaving to retire.

The age differences in the reasons for moving between Illinois and Wisconsin are easy to see. In Illinois, people of all ages, from 18 to 64, are pretty similar percentages  in how many move there. This is probably because many people go to Chicago for work no matter their age. On the other hand, most of the people leaving Illinois are over 55, and this is likely because they're retiring. Also, not as many people are leaving Illinois for jobs as they do in Wisconsin. 

If you're considering leaving Wisconsin or relocating within the state and need help from a local real estate expert, don't hesitate to get in touch with us. We have great referral partners all around!