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☆ A boomer moved from Texas to Missouri for her retirement thinking everything would be cheaper. She was 'so wrong.'
▼ + stars: | 2024-05-27 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

She said nearly everything is more expensive in St. Louis compared to Dallas, from groceries to gas to various taxes. Census data shows that between 2021 and 2022, about 494,000 people moved out of Texas, while over 668,300 people moved in. Nearly 9,200 people moved from Texas to Missouri during this period. AdvertisementTheir son attended the University of Missouri, where her husband went, and he settled in St. Louis. AdvertisementThey looked around St. Louis for two years but couldn't find much on the market.

Persons: Donna, Louis, Missouri Donna, St . Louis, It's, didn't, she's, She's, it'll Organizations: Service, Texans, Lone Star State, University of Minnesota's, Texas, Air Force, University of Missouri Locations: Dallas, Fort Worth, St, Texas, Missouri, Europe, St .

☆ For Millennials, Living Alone Is Status Symbol Milestone
▼ + stars: | 2024-05-25 | by ( Juliana Kaplan | Rosalie Chan | ) www.businessinsider.com time to read: +14 min

That's helping establish a new millennial milestone for some: Ditching roommates, moving out from the family home, and landing on living alone. Business Insider's analysis of American Community Survey microdata from IPUMS found that 10.5% of millennials lived alone in 2022. Per BI's analysis of American Community Survey data via IPUMS, 16% of millennials lived with at least one parent as of 2022. (The data doesn't specify if that means they're living with their parents or if their parents are living with them.) Subsidized solo livingSome lower-earning millennials are able to get assistance reaching the solo-living milestone — but it's not always easy.

Persons: Jess Munday's, Jess Munday's San Francisco, Munday, " Munday, I'm, it's, IPUMS, millennials, Bella DePaulo, they've, DePaulo, she'd, Jess Munday, Dara Feller, Aria Velasquez, they're, " Velasquez, Velasquez, Erica Charles, she's, Charles, Rick Fry, Fry, She'd, She's, Clibborn, Sydney Krantz, He's, —, homeownership Chaz Zimmer, Chaz Zimmer, Adrianna Newell, Tomasz Piskorski, Piskorski, Zimmer hasn't, Zimmer, he's, James Paniagua, Paniagua, snagging, Julia Mazur, Kathy Pierre, Pierre Organizations: Business, American, Survey, Pew, BI Garak, BI, Subaru, Columbia Business School Locations: Jess Munday's San, Francisco's, San Francisco, Chicago, Washington ,, IPUMS, Florida, California, Waverly , New York, homeownership, Oakland , California, Los Angeles, Oakland, London, Austin, Charlotte , North Carolina, Charlotte

A growing group of America's young people are not in school, not working, or not looking for work. They're called "disconnected youth" or "opportunity youth," and their ranks have been growing for nearly three decades. Experts say it's not just work and school; this group is often also disconnected from a sense of purpose. Palmer added that those with limited access to transportation, people with disabilities, and young parents were also more susceptible. Disconnected young people don't have that luxury."

Persons: —, Destiny, She's, she's, They're, Kristen Lewis, Lewis, hadn't, there's, Sen, Tim Kaine, who's, Joseph, he's, hasn't, he'd, Ashley Palmer, Palmer, Sarah Nunley, Nunley, Veronica, There's, Lucchesi, they're Organizations: Service, Business, Federal Reserve Bank of Dallas, Social Science Research Council, Survey, University of Minnesota's, National Center for Education Statistics, Walmart, Texas Christian University, Ivy League Locations: Florida, Alabama, Indiana, Silicon Valley, YOLO, Texas

☆ Meet the typical mover to Austin: Single millennial renters making $76,000 a year coming from California
▼ + stars: | 2024-02-25 | by ( Alcynna Lloyd | Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

Read previewJasmine Cambridge, a 25-year-old steakhouse server with aspirations of working in marketing, moved from Atlanta to Austin in 2023. Over 14,100 movers to Austin came from California, while nearly 4,900 moved from New York. AdvertisementA majority of movers to Austin from other states were white, making up 52% of movers, while Hispanic individuals account for 23.1%. Less than half of Americans moving to Austin are married — 43.2% — while 45.6% are single or unmarried. Census data shows that about 74.26% of movers to Austin are renters, while 25.74% are homeowners.

Persons: —, Jasmine Cambridge, Austin, I've, Austin —, Jasmine Cambridge Pengyu Cheng, Cheng, Pengyu Cheng, it's, Tesla, They've, Gen Z Organizations: Service, Business, Apple, Google, Oracle, Austin, Survey, University of Minnesota's, Census, Redfin Locations: Atlanta, Austin, Cambridge, San Francisco, California, Pengyu, Texas, New York . Florida , Oregon, Washington

☆ It seems like everyone you know is moving. But our grandparents' generation actually did it much more.
▼ + stars: | 2024-02-10 | by ( Erin Snodgrass | Alcynna Lloyd | ) www.businessinsider.com time to read: +9 min

But while overall migration is down, state-to-state moves are slowly on the rise again. Nearly 20% of all Americans moved each year from the mid-1940s through the 1960s, according to census data . The Great Recession in 2008 hobbled the economy and slowed migration, sending the overall rate to 11 or 12%, according to census data. Getty ImagesLong-distance moves are on the upWhile the overall migration rate is low, big moves are slowly on the rise. Younger people are more likely to make big moves, according to census data.

Persons: —, James Gregory, Gregory, Gregory said, Jim Crow, Gregory . Migration, deindustrialization, Brookings, Matthew, he’s, Rose Kemp, millennials, Florida ., X, Zers, Marie Bailey, Dallas, ” Bailey Organizations: Service, University of Washington, Gregory ., Brookings Institution, Golden State, realtors, Community Survey, Realtors, Business, Matthew Bank, ” Bank, Orlando Regional Realtor Association, Survey, University of Minnesota's Locations: Texas, New York, California, Florida, Detroit, California , Oregon, Washington, Midwest, nonresponse, Golden State for Texas, Georgia, X . Texas, migrators, millennials, homeownership

People of color who moved to Texas said they were attracted by jobs and more-affordable homes. Census data indicates that in 2023, Texas led the nation in population growth, welcoming 473,000 people, the most new residents of any state. Millennials comprised 40.5% of people moving to Texas from 2021 to 2022, and Gen Zers made up about 30%. The Texas Demographic Center's analysis of the 2020 census found that 95% of the state's population growth was associated with a rise in people of color. Are you a person of color who recently moved to — or moved out of — Texas, and wants to share your story?

Persons: —, Jasmine Cambridge, Cambridge, she's, Austin, I've, Austin —, They've, Gen Zers, Lauren Leining, RubyHome, Holly Heard, Anna Lagos, San Antonio —, we'd, Alcynna Lloyd Organizations: Service, Wells, Bank of America, US, Brookings Institution, Americans, Cambridge, Lagos, BI Locations: Texas, Atlanta, Austin, Cambridge, California, New York, Minnesota, Dallas, Houston, what's, Mexico, Mexican, Lagos, San Antonio, New Braunfels, —, — Texas, alloyd@businessinsider.com

He cited relatively affordable homes and a free, clean, high-quality life as two of Texas' draws. Dallas Mayor Eric Johnson told Business Insider at the World Economic Forum in Davos, Switzerland, that two things consistently attract Americans to move to the state. "The housing market in Dallas is very affordable to Californians and New Yorkers," Johnson said. Johnson reminded BI that all housing costs are relative: "When you're talking about 'it's expensive to live in Dallas,' you're comparing Dallas to the Dallas of yesteryear." AdvertisementHe said Dallas residents have benefited from investments in the police department as well as infrastructure including new sidewalks and smooth streets.

Persons: Dallas Mayor Eric Johnson crowed, —, Dallas Mayor Eric Johnson, Johnson, They're, Gen Zers, Pengyu Cheng, Cheng, Dallas, Dallas —, it's Organizations: Dallas Mayor, Service, Economic, Democratic, Republican, Community Survey, University of Minnesota's, Dallas Locations: Texas, Davos, Florida, Switzerland, California, New York . Texas, Dallas, San Francisco, Austin, yesteryear

☆ Meet the typical American moving to — and leaving — New York
▼ + stars: | 2024-01-19 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

People moving to New York are younger, make slightly more, and rent more than those leaving. 545,600 people moved from New York between 2021 and 2022, while 301,500 people moved into New York. Advertisement"When I came into office, we had a clear agenda, and then we also not only executed on that, but we actually spent money and time in marketing the city outside of just Jersey City," Jersey City Mayor Steven Fulop told BI last September. The typical person moving to New YorkThose moving to New York tended to be younger than those moving away. Since many are moving to New York City, over 78% rented, and among the 22% of homeowners, the average home value was $671,900.

Persons: —, Xers, boomers, Steven Fulop, Jim, Ellen Diamond Organizations: Service, Survey, University of Minnesota's, Census, A New York, Bureau of Labor Statistics, New, New York, Hudson, Jersey City Locations: New York, New York . New York, Florida, New Jersey, New Jersey , Pennsylvania, California, A, York, New York State, New, Jersey City, Hoboken, Connecticut, Pennsylvania, Jersey, New York City, Manhattan

They include eight chief executives of the 11 states that formed the Confederate States of America, which seceded and waged war to preserve slavery. Although white people enslaved Black people in Northern states in early America, by the eve of the Civil War, slavery was almost entirely a Southern enterprise. South Carolina, where the Civil War began, illustrates the familial ties between lawmakers and the nation’s history of slavery. Each of the seven white lawmakers who served in the 117th Congress is a direct descendant of a slaveholder, Reuters found. In researching America’s political elite, Reuters found names – almost always just a first name – of 712 people enslaved by the ancestors of the political elite.

Persons: Black, Mitch McConnell, Lindsey Graham, Tom Cotton, Elizabeth Warren, Tammy Duckworth, Jeanne Shaheen, Joe Biden, –, Donald Trump –, Jimmy Carter, George W, Bush, Bill Clinton, Barack Obama, Amy Coney Barrett, Neil Gorsuch –, Asa Hutchinson, Doug Burgum, Tim Scott, James Clyburn, Henry McMaster, ”, Henry Louis Gates Jr, Gates, ” “, ” Gates, enslavers, Tony Burroughs, Biden, Obama, McConnell, “ it’s, ” Burroughs, LINDSEY GRAHAM, Joseph Maddox, Maddox, Sela, Rubin, James, Sal, Sam ”, Graham, Graham didn’t, NANCY MACE, Nancy Mace, Drucilla Mace, John Mace, Hector Godbolt, John Mace’s, Godbolt, “, ” Nancy Mace, TAMMY DUCKWORTH, Duckworth, Henry Coe, Coe, Margaret, Isaac, Warner, George …, Isaac Franklin –, “ There’s, ” Duckworth, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Blake Morrison Organizations: U.S, Reuters, Republicans, Supreme, Republican, Harvard University, PBS, United States Congress, Geographic, Journalists, Black, Thomson Locations: America, U.S, Confederate States, Arkansas, North Dakota, Black, Northern, Southern, South Carolina, Congress, New Hampshire , Maine, Massachusetts, United States, Illinois, Virginia, Frederick County , Virginia

☆ More than 100 U.S. political elites have family links to slavery
▼ + stars: | 2023-06-27 | by ( Reuters Graphic | ) www.reuters.com time to read: +46 min

Then the war came, and according to the family history, Union soldiers plundered Sessions’ 27-room house. About 48 years old at the time, he did not stand a chance to succeed without slavery, the family history suggests. ‘A Better Nation’Some historians and genealogists say there is a valuable reason for white leaders – and other white Americans – to explore their links to slavery. Nicka Sewell-Smith, a professional genealogist with the family history website Ancestry.com, said people frequently ask her what to do with such documents. The top Democrat on the House Foreign Affairs Committee, Meeks said in an interview that he has spent years trying to trace his family history back before 1870.

Persons: Black, Mitch McConnell, Lindsey Graham, Tom Cotton, James Lankford, Elizabeth Warren, Tammy Duckworth, Jeanne Shaheen, Maggie Hassan, Joe Biden, –, Donald Trump –, Jimmy Carter, George W, Bush, Bill Clinton, Barack Obama, Trump’s, Amy Coney Barrett, Neil Gorsuch –, Asa Hutchinson, Doug Burgum, Tim Scott, James Clyburn, Henry McMaster, ”, Henry Louis Gates Jr, Gates, ” “, ” Gates, enslavers, Tony Burroughs, Biden, Obama, McConnell, Burroughs, Joseph Maddox, Maddox, Sela, Rubin, James, Sal, Sam ”, Graham, Graham didn’t, Nancy Mace, Drucilla, Drucilla Mace, John Mace, Hector Godbolt, John Mace’s, Godbolt, “, ” Nancy Mace, Henry Coe, Duckworth, Coe, Margaret, Isaac, Warner, George …, Isaac Franklin –, “ There’s, ” Duckworth, George Floyd, Donald Trump, ” Biden, ‘, ’, Ben Affleck, ” Affleck, Independent Angus King, Mo Brooks, ” Brooks, Sean Kelley, Kelley, White, don’t, wasn’t, Richard Sessions, Pete Sessions, Richard’s, William Sessions, John Cowger, Tom Cotton of, ” Cotton’s, Cowger, Cotton, Archibald Crawford, Juneteenth, Shaheen, Pocahontas, Edmond Dillehay, Peter ”, Milly, Lankford, ” Lankford, Joe Wilson, Stephen H, Wilson, Boineau, General David Addison Weisiger, Wilson –, Addison Graves Wilson –, Weisiger “, ” Wilson, Daniel Weisiger, Daniel Weisiger’s, Samuel, Samuel Weisiger, Daniel, Julia Brownley, Jesse Brownley, Brownley, ” Brownley, Thomas Ferguson, Brooks, Manumission, Marie Jenkins Schwartz, ” “ It’s, Union General William Tecumseh Sherman, Harvard’s Gates, Sherman, Andrew Johnson, Abraham Lincoln, Nicka Sewell, Smith, Ancestry.com, ” Sewell, LaBrenda Garrett, Nelson, Garrett, Rick Larsen, John Wiggins, Larsen, – Gilbura, George, Agg –, ” Larsen, Gilbura, Agg, Gregory Meeks, Meeks, Jim Crow South, – Meeks, – “, ” Meeks, “ I’m, I’m, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Catherine Tai Design, John Emerson, Jane Ross, Emma Jehle, Jeremy Schultz, Blake Morrison Organizations: Reuters, Republicans, U.S, Supreme, Republican, Harvard University, PBS, United States Congress, Representative, WikiLeaks, Sony, Facebook, White, FedEx, National Museum of, 117th, Independent, University of Essex, Geographic, American Economic, Pete Sessions, Sessions, Federal Bureau of Investigation, Jeanne Shaheen U.S, CNN, Biden, Trump, ” Reuters, South, South Carolina General Assembly, Confederate, statehouse, Congressional, Chesterfield County, Mount Vernon College, George Washington University, Mo Brooks Former U.S, “, New York Times, United, Federal Government, Union, Black, Southern, Democrat, House Foreign Affairs, Klux Klan Locations: U.S, America, Confederate States, Arkansas, North Dakota, South Carolina, Congress, Black, Northern, Southern, Illinois, Virginia, Frederick County , Virginia, United States, Minnesota, ”, Mo Brooks of Alabama, American, Texas, Mississippi, Chicot County , Arkansas, Chicot County, Tom Cotton of Arkansas, Yell County, Yell County , Arkansas, New Hampshire, Oklahoma, Tulsa, Georgia, Pennsylvania, Michigan, Frankfurt, Germany, Chesterfield County , Virginia, California, Portsmouth , Virginia, Alabama, Haywood County , North Carolina, Antebellum, United States of America, Washington, Nicholas County , Kentucky, Queens , New York, New York, York County, Mende, Sierra Leone, Africa, Bunce

In midsized metros Metros with 250,000 to one million residents. An Emerging Divide Mobility has risen for college-educated workers, even as it has fallen for workers without a degree. College-educated workers leaving the most expensive parts of the country are also not spreading out equally everywhere — or even going to parts of the country that are struggling. Net migration among college graduates Loss Gain Among the 12 most expensive metros, net college migration has generally declined or turned negative. “Consumer cities,” as she puts it, are increasingly replacing “producer cities” as the places where college graduates want to live.

☆ More millennials now own their own home than rent one, leaving Gen Z the only group where most still have a landlord
▼ + stars: | 2023-04-02 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

More millennials now own their own home than rent one, according to RentCafe analysis. Gen Z is now the only group with more people renters than property owners, per RentCafe. They come after Gen X and before Gen Z, or those born between 1996 and 2012. Gen Z, however, is still renting, accounting for about 5.6 million households, or almost three-quarters of the cohort. Home ownership in the US remains dominated by Boomers – those born from 1946 to 1964 – with 32.1 million owners, followed by Gen X with 24.4 million home owners.

☆ The Tom Brady of Other Jobs
▼ + stars: | 2022-12-24 | by ( Francesca Paris | ) www.nytimes.com time to read: +17 min

Meet them, and decide for yourself:The Tom Brady of Paramedics Jesse Izaguirre, 70Gardena, Calif.Jesse Izaguirre loves working with younger paramedics. Hopefully never.”The Tom Brady of Bakers Helen Fletcher, 83Clayton, Mo. Chalk it up to a great big fib.”The Tom Brady of Artists Lilian Thomas Burwell, 95Highland Beach, Md. “I should’ve signed them.”The Tom Brady of Biologists Maria Elena Zavala, 72Los AngelesProfessional longevity runs in Maria Elena Zavala’s family. It didn’t vanish when they crossed the border.”The Tom Brady of Loggers Earl Pollock, 82Hamburg, Ark.

The number of working Americans aged 80 or over — such President Joe Biden — has risen from 1980. As seen in the above chart, 5.16% of Americans aged 80 and over had a job in 2022 as of October. Although the share of Americans age 80 and over with a job has tumbled some from it's high in 2018 per Insider's analysis, there are still plenty of older workers working past typical retirement age. And that's evidenced by poverty rates among older Americans standing higher than a decade ago as of 2021. However, not all older Americans want to keep working as they get older and will exit the labor force.

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