Home Economy Economic Activity R.I. a ‘high inbound’ state, according to relocation firm’s study

R.I. a ‘high inbound’ state, according to relocation firm’s study

By

PBN Staff

-

01/03/2024

UNITED VAN LINES has deemed Rhode Island a — UNITED VAN LINES has deemed Rhode Island a "high inbound" state, based on the rate of people who move into the state using the moving company compared with the rate of those moving out. / PBN FILE PHOTO/ARTISTIC IMAGES

PROVIDENCE – United Van Lines says Rhode Island had the fifth highest rate of inbound migration in 2023 with 60% of those who hired the company looking to move in and 40% looking to move out, according to United’s annual study. The recent study of the 48 contiguous states and Washington, D.C., ranks states based

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber

Critical RI business news and analysis updated daily.
1 year of print (26 issues).
Unlimited access to all subscriber only content on our website, on any device.
Free email alerts.
Annual Book of Lists Print Edition.
All special issues produced during subscription term.

Click Here to purchase a paywall bypass link for this article

PBN Branded Content

Understanding Stroke: Essential Information for Immediate Action

Stroke is a leading cause of death and long-term disability in the United States, impacting…

Learn More

No posts to display

LEAVE A REPLY Cancel reply

PROVIDENCE – United Van Lines says Rhode Island had the fifth highest rate of inbound migration in 2023 with 60% of those who hired the company looking to move in and 40% looking to move out, according to United's annual study. The recent study of the 48 contiguous states and Washington, D.C., ranks states based on the company's data on the inbound and outbound percentages of total moves in each state. United classifies states as “high inbound” if 55% or more of the moves were going into a state, “high outbound” if 55% or more moves were coming out of a state or “balanced” if the difference between inbound and outbound is negligible. Each move was placed into one of six categories based on the reason for the relocation: retirement, health, family, lifestyle, job and cost. Overall, United recorded a total of 642 moves involving Rhode Island, with 386 of them – or 60.12% – being inbound and 256 – or 39.88% outbound. United's data showed 45.2% of those who moved to Rhode Island did so because of their job, and 26.2% did it because of family. Cost and retirement were 4.8%. No moves into the state were because of health, according to the report. Retirement was the biggest reason for those who moved out of Rhode Island last year at 25%. Vermont had the highest rate of inbound moves of any state at 65% of 249 total shipments. Of those that moved to Vermont, being closer to family led the reason for relocating to the state at 29%, followed by a lifestyle change at 20%. However, for the sixth consecutive year, the study found New Jersey had the highest rate of outbound moves at 65% of 3,579 shipments. The top motivation for moves out of the state was driven primarily by those looking to retire at 27%. Massachusetts was ranked seventh for percentage of outbound moves, with 56.58% of United's 3,505 shipments involving the Bay State being outbound relocations. Data showed 18.4% moved out of Massachusetts for job reasons while another 18% left for retirement. Leaving because of family was 19.2% and health was 2.8%. Cost was the reason for 2.4% moved out of the state. The full report can be found here.