Friday, November 13, 2015

Still Stuck: Mobility Rate Near Record Low in 2014-15

Americans still aren't moving much. Only 11.6 percent of U.S. residents aged 1 or older as of March 2015 had moved in the previous 12 months, according to the Census Bureau. This mobility rate is just 0.1 percentage points above the all-time low of 11.5 percent recorded in 2013-14. The tiny increase was due to a bump up in movers from abroad.

Among homeowners, only 5.1 percent moved in the 2014-15 time period, higher than the all-time low of 4.7 percent in 2010-11. Among renters, the mobility rate fell to an all-time low of 24.0 percent in 2014-15. 

Source: Census Bureau, Migration/Geographic Mobility

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