Tennessee posts net gain in newcomers for 2008

By
Real Estate Agent with RE/MAX Shoreline New Hampshire & Maine

Relocation.com which surprisingly is not a real estate firm or a relocation company, but rather a clearing house for people needing actual moving services, insurance, storage, and related, also keeps track of not only who's moving but where they're going to and from.

Here's their research statistics from last year.

"Research Statistics

Relocation.com analyzed nearly 500,000 moving quote requests in 2008 to determine where people are moving. Figures from the U.S. Census Bureau indicate that 34 million people moved between 2007 and 2008; assuming 2.6 persons per household, Relocation.com's moving data represents nearly 3.5 percent of people making moves in the country. The Census Bureau says the vast majority of movers in the U.S. make local moves; according to 2006 data, 62 percent of people making a move stayed within the same county, while 20 percent moved to a different county but within the same state. Fourteen percent moved state to state, while 3 percent moved from abroad."

And from this data they determined that 58% of all interstate move requests for Tennessee involved people who wanted to move to Tennessee from another state; 42 % involved people who wanted to leave Tennessee for another state.

tn state flag

Among Tennessee's major cities Knoxville, Nashville, Chattanooga, and Memphis; there were more people coming than going there except for Memphis which had a net loss of newcomers in 2008.

Here's how that went:

Nashville: 56% of all interstate moves involved people moving to the city; 44% involved people moving out of the city.

Knoxville: 53% of all interstate moves involved people moving to the city; 47% involved people moving out of the city.

Chattanooga: 55% of all interstate moves involved people moving to the city; 45% involved people moving out of the city.

Memphis: 62% of all their interstate moves involved people moving out of the city and only 38% wanted to move there.

Visit Relocation.com to see how your area did.

Visit KnoxvilleHomeCenter.com is you're one of the 53% moving to Knoxville from somewhere else.

Posted by

Jim Lee , REALTOR®, Certified Residential Specialist (CRS)

http://JimLee.com  RE/MAX Shoreline

100 Market St., Suite #200, , Portsmouth, NH 03801 Phone: (603) 431-1111 x3801

Visit New Hampshire Maine Real Estate.com to search homes, get Seacoast area information, and find out how great living on the New Hampshire and southern Maine Seacoast really is.

 

Follow RealtorJimLee on Twitter

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Tennessee Knox County Knoxville Lyon's Crossing
Tags:
knoxville relocation

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
599,895

Jim Lee

Portsmouth NH Realtor, Portsmouth, NH
How can I help?
*
*
*
*
Spam prevention

Additional Information