USA Nearly 156 People Leave Chicago Daily: Demographic Trends (also NYC and LA specifically)

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Housecarl

On TB every waking moment
It's not just California....also NYC and LA...

https://www.bloombergquint.com/busi...nk-by-156-daily-demographic-trends#gs.cqEu47Q

Nearly 156 People Leave Chicago Daily: Demographic Trends

Alexandre Tanzi
Wei Lu
December 14 2018, 2:00 AM
December 14 2018, 8:18 AM

(Bloomberg) -- Even migration is bigger in Texas. Dallas leads all U.S. cities as the largest net gainer with 246 people arriving daily, according to a Bloomberg analysis of 2017 Census data on migration to the 100 largest U.S. metropolitan areas. In 2014, the crown belonged to Houston with 269 migrants per day.

After Dallas, Sun Belt beacons Phoenix, Tampa, Atlanta and Orlando round out the top five. Seattle, at number six with a gain of 116 people daily, is the only cold-weather destination in the top 10. The daily influx surpassed 100 people in nine cities, while Chicago, New York, and Los Angeles saw an exodus of more than 100 people every day.

These figures exclude the natural increase in population, which is the difference between the number of live births and the number of deaths.

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For more data on U.S. metro area population change by migration, click HERE
For more data on U.S. metro area population change by vital events, click HERE

The migration trend has two channels -- international and domestic. The international portion is the difference between those moving from outside the U.S. and those leaving the country. The second part of the equation, net domestic migration counts those who move in from another part of the country and subtracts those who leave for other U.S. areas.

Voting with Their Feet
Relocations can lead to large skill and investment transfers.

People who choose to relocate to other parts of the country are taking their talents with them. States and local governments make a large investment in educating people and many people further this by investing in a college education, so when one moves, a large investment transfer is occurring.

Dallas was the greatest beneficiary of this domestic migration, adding nearly 59,000 domestic movers in 2017, followed by Phoenix (51,000) and Tampa (41,000), which serve as anchors for the western and southern regions that got the bulk of the gains.

On the flip side, more than 208,000 residents left the New York City metropolitan area last year. This was nearly twice as many as the second biggest loser, Los Angeles, which had a decline of nearly 110,000. Chicago fell by 85,000. Honolulu, San Jose, New York and Bridgeport, CT lost the highest shares of their residents to other parts of the country.

In Chicago, New York and Los Angeles, the three areas with a triple-digit daily exodus, people are fleeing at a greater rate than just a few years earlier. Soaring home prices and high local taxes are pushing local residents out and scaring off potential movers from other parts of the country.

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Boise, ID and Charleston, SC reported more than 10 times as many domestic net movers as international arrivals in their metro areas. In 2017, Boise gained 41 people per day and Charleston 28.

Data on migration flows are essential for understanding localized growth for everything from employment, real estate trends, retail development to government infrastructure and environmental shocks.
International Migration

Miami, San Jose, Orlando and New York gained the largest share of population from abroad. Boston and Washington tied for the fifth spot. Aside from Orlando, all of these cities lost residents to other parts of the country.

Among the 100 most populous metro areas, 28 shrank in total net migration, all due to negative domestic migration. Of the 71 areas posting a net gain, 18 lost residents to other parts of the country and could attribute their gains solely to international migration. New Orleans was the only area where the influx and exodus was a wash.

Turnaround

Seven metro areas have been successful in turning the tide on migration flows in recent years. In 2014, Albuquerque, NM; Dayton, OH; Philadelphia, Provo, UT; Salt Lake City, Scranton, PA; and Springfield, MA were all seeing a daily loss due to migration. But these all reported net positives in 2017.

"New Mexico’s strong business climate for manufacturers makes for a very compelling value proposition. With a competitive total cost of operations, we can compete with foreign-made product right," said T. C. Huang, Chairman & CEO of I-Sheng Electric Wire & Cable and majority shareholder of Admiral Cable, which recently announced plans to build a new manufacturing plant in New Mexico.

These sentiments were echoed in emailed comments from Mark Moores, a New Mexico state senator in Albuquerque -- "Now that we have a more competitive business climate to go with our amazing natural climate, people are rediscovering us."

Methodology: Bloomberg ranked the 100 largest U.S. metropolitan areas based on their net migration data, between July 1, 2016 to July 1, 2017, as a percentage of total base population as of July 2016. Domestic migration refers to people moving within the country (e.g. someone moving from New York City to San Francisco).

International migration, including natives previously living outside of the country, refers to people moving to and from the United States.
 
H

Housecarl

On TB every waking moment
For links see article source.....
Posted for fair use.....
https://nypost.com/2018/12/22/the-exodus-of-new-york-citys-endangered-middle-class/

Business

The exodus of New York City’s endangered middle class

By John Aidan Byrne
December 22, 2018 | 10:41pm | Updated

New York City’s shrinking middle class is now in full retreat, as masses of our most endangered population depart the city in numbers not seen since the Depression, according to analysts.

After decades of sharp income erosion in the face of relentless taxes, escalating living costs and wage reductions through technological changes, the full extent of this shocking exodus is laid bare in the latest US Census data.

That shows the city is losing 100 residents each day — with departures exceeding new arrivals.

“The rich in New York City are getting richer; the poor are actually getting richer, but not rich enough to be middle class,” said Peter C. Earle, an economist at the American Institute for Economic Research, who has studied other data, noting the expansion in welfare and entitlement programs.

Earle said it isn’t unreasonable to assume middle-class incomes are falling even faster in New York City than in other major US cities, because of the city’s high — and rising — housing and other living costs.

New York City’s middle class comprises 48 percent of city residents, with median annual incomes between $30,000 and $60,000.

Thirty-one percent make lower incomes, and the ranks of the rich account for 21 percent of New York City residents.

By contrast, in the early 1970s, about 61 percent of New Yorkers were ensconced in the middle class; today, fewer than half are.

“The middle class is getting squeezed,” said Earle.

For example, of the estimated 175,000 net new private-sector jobs that have been created in New York City since 2017, fewer than 20 percent are paying middle-class salaries, Earle notes.

The arrival of highly paid Amazon jobs in Long Island City will hardly make a dent in that situation, say analysts. And if anything, the estimated $3 billion in subsidies could saddle taxpayers with huge long-term debt, they add.

The persistent shrinking of the middle class nationwide — and especially in cities like New York — is evident in boarded-up retail stores, reflecting rising rents and slackening consumer demand.

National chain-store locations have plunged in the city by 0.3 percent, to 7,849, this year, according to the Center for an Urban Future. And a record 18 chains, including Aerosoles and Nine West, vacated all their city sites in 2018.

One sector doing a booming “business” is food pantries. Despite a city unemployment rate of 4 percent, New York food pantries report elevated levels of demand, especially during the holiday season.

More than 1 million New Yorkers now worry they won’t have enough food for their families, according to recent studies.
 
Bardou

Bardou

Veteran Member
Hmmmmm turning red states blue. Okay with me to see Californians leave, more air for me to breathe. Not all of California is blue, but we're out numbered by the larger population of the most populated cities. This is what's going to happen in Texas and other places in the States that were once conservative. Demographics is what will change red to blue.
 
Blacknarwhal

Blacknarwhal

Let's Go Brandon!
Bardou said:
Hmmmmm turning red states blue. Okay with me to see Californians leave, more air for me to breathe. Not all of California is blue, but we're out numbered by the larger population of the most populated cities. This is what's going to happen in Texas and other places in the States that were once conservative. Demographics is what will change red to blue.
Click to expand...

Voter ID might help on some of that, but raw numbers are an issue. With feminism and various economic issues still choking off conservatives' ability to breed successfully, that's going to be a problem soon. I turn 40 next year...I may yet see the end of it all.
 
Meemur

Meemur

Voice on the Prairie / FJB!
We're getting too many Section 8 types from Chicagoland on the south side of Des Moines. I have no problems with anyone who doesn't make trouble and wants to work at one of our companies (or attend college), but these idiots brought their gang culture and drugs. Shootings have increased 50% over the last year alone.
 
dstraito

dstraito

TB Fanatic
The people moving are the ones with jobs. The area losing people are going to get worse and worse.

Eta: Texas is full and doesn't need anymore
 
7

7th trump

Membership Revoked
Meemur said:
We're getting too many Section 8 types from Chicagoland on the south side of Des Moines. I have no problems with anyone who doesn't make trouble and wants to work at one of our companies (or attend college), but these idiots brought their gang culture and drugs. Shootings have increased 50% over the last year alone.
Click to expand...

I'm in Davenport Iowa and the same is going on here.
The last idiot mayor took the federal money to relocate these thugs from chicago despite the city council meetings to keep these people out. Since then all we have are shots fired every day and massive vehicles being stolen. 2 to 3 cars daily being stolen and shots fired all the time all around the town. And you can guess what race is doing all this trouble. You guessed it the ****** inner city chicagoist that nobody wanted here.
Chicago I heard has a new program that doesnt allow Section 8 any longer within the city limits to curb the violence and vandalism.
So the last idiot mayor took the federal money to help relocate these thugs.
I wish the police would just shoot to kill these thugs as do many of the people here in town.
Now the the trick they are using from being chased in stolen cars is to have an infant or young child in the car. The police will not chase a stolen car once they see an infant in the vehicle. And for all they know it could be a doll in a car seat as a decoy to keep from being chased.
I'm waiting for the day when its open season on these ******s....white or black!
 
SSTemplar

SSTemplar

Veteran Member
Bardou said:
Hmmmmm turning red states blue. Okay with me to see Californians leave, more air for me to breathe. Not all of California is blue, but we're out numbered by the larger population of the most populated cities. This is what's going to happen in Texas and other places in the States that were once conservative. Demographics is what will change red to blue.
Click to expand...

Must be a cycle in history. Texas was a blue state in 1968.
 
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