However, as was true in the first four states we looked at, there has been a slow yet noticeable move to the right in these four states over the last several elections. According to the report, millennials are more likely to move than other generations. Cities in Florida, Texas, California and North Carolina accounted for just under half of New Yorker relocations, data from United Van Lines show. Wealthy millennials appear to be moving to the Pacific Northwest, according to a recent report. U.S. News measured the annual average growth rate of people ages 25 to 29 in each state, between 2014 and 2017, to see where the most young people are moving. In other words, 2016 marked a significant departure from how these states had voted in recent years; each state swung 7 points or more to the right, the biggest swings in that election. Campins Group founder Katrina Campins discusses how the booming real estate market is helping the U.S. out of an economic recession caused by the coronavirus pandemic. The next five states also shifted to the right in 2016, but they didn’t veer quite as far as the previous four did. Home buyers have shifted searches more to suburbs and small towns, National Association of Realtors 2020 Market Recovery Survey, conducted June 24-26. As things stand, the forecast model expects these states to vote more or less like they did in 2016 — so they’ll be as competitive as ever. National Association of Realtors 2020 Market Recovery Survey, conducted June 24-26 Realtors were asked to describe locations where home shoppers were … Patterns explained Explore patterns. Illinois, Connecticut and California, three other states with big urban populations, were also among those losing out during the pandemic. © 2018 ABC News Internet Ventures. This material may not be published, broadcast, rewritten, or redistributed. Washington state was at the top of the list, with Oregon also among the top 10. For one thing, these states are more racially and ethnically diverse than most of the other states we’ve looked at — Arizona and Texas have large Hispanic populations, for instance, while Georgia has a sizable Black electorate — and people of color tend to vote more Democratic. Arizona 8. Mutual Fund and ETF data provided by Refinitiv Lipper. (iStock). Moving data can be a valuable resource for insights on states’ economies and quality of life—both of which can be extremely important factors when making this decision. Many people are moving from California to nearby states, including Texas, Nevada, Arizona, and in some cases Oregon and Washington, according to Levine. However, wealthy millennials are not more or less likely to move than other millennials, SmartAsset reported. After all, the 2018 midterm elections showed these states could elect Democrats statewide, or at least, come very close. Most businesses and attractions in the Bluegrass State have been allowed to reopen amid the coronavirus pandemic. With many businesses are arranging for employees to work from home and holding meetings via apps like Zoom that can be done from anywhere, William Frey, a Brookings Institution senior fellow and a demographer for the past four decades, agrees with Seinfeld that cities like New York will be back over time. US HOMEBUILDING SURGES AS CORONAVIRUS SPARKS FLIGHT TO SUBURBS. Is the housing market pulling the US out of recession? “These recent population shifts, if real, will be short-lived and change when the pandemic subsides,” he said. Quotes displayed in real-time or delayed by at least 15 minutes. CORONAVIRUS GIVES MILLENNIALS RARE HOME-BUYING OPPORTUNITY. Before it's here, it's on the Bloomberg Terminal. Among the top-10 states where millennials are moving, five states are in the West and four are in the South. who are non-Hispanic white with less than a bachelor’s degree, a bloc that moved sharply toward the GOP in 2016. The color of each state indicates where most people moved from in the past year. Truck-rental prices provide one clue to how desirable an area is for relocations. But these fairly urban states have also seen their major metropolitan areas such as Atlanta, Dallas, Houston and Phoenix become increasingly Democratic because of the surge in college-educated voters. ©2020 FOX News Network, LLC. Do-it-yourself moves “have increased considerably and consistently over the summer months” for U-Haul International, which rents trucks and vans, said company spokesman Jeff Lockridge, who declined to disclose exact figures. Have a confidential tip for our reporters? June 17, 2020. Stock futures trade cautiously after record day, Nordstrom tops earnings expectations, sees boost in online sales, FCC affirms ZTE poses US national security threat, Here’s why drivers should get comprehensive car insurance, How to choose a high-yield savings account, Today's mortgage rates — one rate on an upswing | November 24, 2020, Today's mortgage refinance rates don't budge for fourth consecutive day | November 24, 2020, How to refinance a rental or investment property. “Young adult Gen Zers could find cities attractive” anew just as cities gained appeal among millennials after the 2007-2009 recession. This is all to say that 2020 will be a pivotal year in understanding underlying trends within the Electoral College. Read More: Urban Exiles Are Fueling a Suburban Housing Boom Across the U.S. Of course you can. That said, Florida and North Carolina are also racially diverse and home to a decent number of highly educated voters, but they haven’t become liberal bastions. Minnesota, Nevada, Pennsylvania and Wisconsin. SmartAsset defined wealthy millennials as adults younger than 35 with at least $100,000 in adjusted gross income. Additionally, North Carolina’s white voters are somewhat more Republican-leaning, and the state tends to be more rural than Virginia. About a quarter of 2,000 real estate agents surveyed in late June said some home buyers have altered the location of where they are looking to purchase because of Covid-19. The state lost a net 5,533 rich millennials from 2017 to 2018. In other words, it shows the predominant region of origin in each state. The other state on the top list is New Jersey. “We have seen increased mobility across the states -- driven by a fear of living in densely populated areas, a realization that the ‘old normal’ of commuting into a city office is still but a distant possibility, and the realization that remote work can be an effective, long-term option,” said Gregory Daco, chief U.S. economist at Oxford Economics. United Van Lines and U-Haul see a summer pickup in mobility, The open spaces of Vermont, Oregon, Idaho attract relocators, 2020 Year of Crisis: The Real Estate Reckoning. Stay-at-home order: Started March 26, 2020 … How Coronavirus Is Transforming Human Behavior. Realtors were asked to describe locations where home shoppers were looking among those who shifted searches in response to Covid-19. The winners among the states, meanwhile, have been less densely populated areas: Vermont topped UniGroup’s list. The state has elected a Republican Party candidate for every presidential election since the 1950s, except for the 1964 election.