migration

Chicago Tribune Editorial Board Recognizes ‘Illinois Diaspora’

“You mean that oft-repeated yarn about the state’s population loss being predominantly due to residents being fed up with our winters and moving to warmer destinations like Florida and Arizona isn’t true?”

Survival And Prosperity post yesterday afternoon regarding 86,000 Illinoisans “escaping” to Wisconsin from 2006 to 2015 (hat-tip Illinois Policy Institute)

I had to chuckle when I spotted the following on the Chicago Tribune website this afternoon. The Tribune Editorial Board penned last night:

Property taxes here are among the highest in the nation. And certain parts of the state aren’t just jobs deserts, they’re becoming depopulated deserts. More people moved away from Illinois during the last two years than from any other state in the country. Many moved to other Midwestern states. So don’t repeat the lie that it’s the weather.

Here’s what else a prospective employer sees in Illinois: No state budget in nearly two years. A credit rating nearing junk status. Inability to pay bills as they come due, a basic definition of insolvency. And political impasse in the General Assembly. An attempt at compromise legislation to get a budget passed hit a snag in the Senate on Wednesday. Senators, keep working…

(Editor’s note: Bold added for emphasis)

Great minds think alike?

Nope. Not at all. Just very concerned Illinois residents who have arrived at the same conclusion regarding where this is all heading if Springfield and voters can’t get their act together. Like, yesterday.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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86,000 Illinois Residents Escaped To Wisconsin From 2006 To 2015

Any Chicagoland readers remember that major Wisconsin tourism push years ago which suggested Illinois residents “Escape To Wisconsin”?

Apparently, tens of thousands of Illinoisans took them up on that offer.

And never returned.

The “Illinois Diaspora” continues.

From the website of the Illinois Policy Institute, a Chicago-based non-partisan research organization that works “to make Illinois first in economic outlook and job creation,” on February 2:

Illinois suffered a net loss of more than 11,000 people to Wisconsin in 2015, according to data from the U.S. Census Bureau. That’s the equivalent of more than 31 Illinoisans becoming Wisconsinites on a daily basis.

Illinoisans have routinely relocated to the Badger State over the past decade. During the 10-year period from 2006 through 2015, Illinois lost almost 86,000 people on net to Wisconsin. That’s an average net loss of nearly 9,000 people per year and almost 24 per day.

Illinois’ population losses aren’t the norm in the Midwest. In fact, the Land of Lincoln is the only state in the region with a shrinking population, and half of the Illinoisans who left in 2015 relocated to other Midwestern states

(Editor’s note: Bold added for emphasis)

You mean that oft-repeated yarn about the state’s population loss being predominantly due to residents being fed up with our winters and moving to warmer destinations like Florida and Arizona isn’t true?

Madelyn Harwood offered up an informative comparison between the two Midwestern states in support of her statement that “It’s easy to see why Wisconsin is an attractive alternative to Illinois.”

Head on over to the Illinois Policy Institute website here to read the entire piece.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Wednesday, February 8th, 2017 Demographics, Population No Comments

Signs Of The Time, Part 98

“Well, if they’re in Illinois today, they’re probably so much in love with Illinois that they’re not going to leave”

-Illinois Speaker of the House Michael Madigan, on whether a proposed tax hike on millionaires might drive them from the state, Chicago Tribune website, March 21, 2014

According to a report last month from the Johannesburg, South Africa-based research firm New World Wealth, about 3,000 individuals with net assets of $1 million or more, not including their primary residence, moved out of Chicago in 2015. From the March 2016 report entitled “Millionaire migration in 2015”:

The following cities had the biggest net outflows of millionaires in 2015

Country/Outflow of millionaires in 2015/Millionaires, 2015/% lost

1. Paris, 7 000, 126 000, 6%
2. Rome, 5 000, 73 100, 7%
3. Chicago, 3 000, 134 000, 2%

Destinations:

• Paris: most moved to the UK, USA, Canada, Australia and Israel.
• Rome: most moved to the UK and USA.
Chicago: most moved to other parts of USA (internal migration)

Why did they leave?

We interviewed migration experts and HNWIs to find out on their reasons for leaving. Notable reasons that they mentioned included:

• Paris: Rising religious tensions, lack of opportunities.
• Rome: Economic slump, lack of opportunities.
Chicago: Rising racial tensions, rising crime levels

(Editor’s note: Bold added for emphasis)

Shocking, right?

The entire report can be view on the New World Wealth website here.

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Illinois Diaspora Latest: Net Loss Of 94,956 People In State-To-State Migration In 2014

More evidence that Illinoisans are voting with their feet rather than be around as the “Land of Lincoln” is run into the ground. From the Chicago Tribune Editorial Board back on January 6:

Even on days when the temperature is above zero, Illinois struggles to keep people here. They’re leaving, in droves, for states with sunnier economic opportunities.

New census data and other figures reveal the cold hard truth: More people are moving away than coming, tipping Illinois last year into the dreadful category of states with declining populations. From July 2013 to July 2014, Illinois shrank by about 10,000 residents in all

Illinois suffered a net loss of 94,956 people in state-to-state migration last year, the highest rate in decades. That number is one part of an equation involving births, deaths and immigration from other countries that yields the overall population loss. But Illinois’ state-to-state migration loss is the biggest contributor to that overall population decline, Frey says. The last year Illinois had lost population was 1987-88

(Editor’s note: Bold added for emphasis)

The Illinois Diaspora has been a recurring-yet-unwelcome theme on Survival And Prosperity lately. I blogged as recent as January 4:

The Illinois Diaspora continues…

Gregory Karp reported on the Chicago Tribune website Friday afternoon:

Illinois was the No. 3 state in America for outbound moves in 2014, United Van Lines said Friday.

Earlier this week, Allied Van Lines said Illinois was No. 1 for outbound versus inbound moves in 2014, according to its moving data for the year. And Atlas Van Lines said Friday its data also show more people leaving the state than coming, with Illinois ranking second among states with the highest proportion of outbound moves.

Whatever, people sure seem to love to leave Illinois…

(Editor’s note: Bold added for emphasis)

I’m skeptical that a Republican governor now at the helm will be able to reverse the outflow- or the state’s fortunes- anytime soon. First, the Democrats who have mainly presided over the fiscal mess are pretty much still in power- sans Pat Quinn. Second, I’m awaiting the Rauner administration to announce down the road that “drastic times call for drastic measures” (or something like that) to bring the state’s economy back. I’m guessing those “measures” might not be too appealing to prospective Illinois residents, let alone those already here.

“I’m awaiting the Rauner administration to announce down the road that ‘drastic times call for drastic measures’ (or something like that) to bring the state’s economy back”

Anyone hear Governor Rauner’s multiple mentions of “sacrifice” in his inaugural address just the other day?

Stay tuned…

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Editorial Board. “Goodbye, Illinois: residents are leaving for other states.” Chicago Tribune. 6 Jan. 2015. (http://www.chicagotribune.com/news/opinion/editorials/ct-illinois-census-brookings-edit-0107-20150106-story.html). 15 Jan. 2015.

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‘People Sure Seem To Love To Leave Illinois’

The Illinois Diaspora continues…

Gregory Karp reported on the Chicago Tribune website Friday afternoon:

Illinois was the No. 3 state in America for outbound moves in 2014, United Van Lines said Friday.

Earlier this week, Allied Van Lines said Illinois was No. 1 for outbound versus inbound moves in 2014, according to its moving data for the year. And Atlas Van Lines said Friday its data also show more people leaving the state than coming, with Illinois ranking second among states with the highest proportion of outbound moves.

Whatever, people sure seem to love to leave Illinois…

(Editor’s note: Bold added for emphasis)

So where are all those former Illinoisans heading? Oregon, North Carolina, and South Carolina according to Karp.

Oregon? Must be the dream of the 90s being alive in Portland.

Regular Survival And Prosperity readers shouldn’t be surprised to hear about any of this. I blogged back on May 13 of last year:

“Diaspora- the movement, migration, or scattering of a people away from an established or ancestral homeland.”
-Merriam-Webster Online

On April 28, I blogged about a recent Gallup poll which revealed 1 in 4 Illinois residents (25 percent) say the state is the worst place to live.

On May 1, I talked about the same poll and the finding that 50 percent of Illinois respondents said they would leave the state if given the opportunity.

I had previously discussed how Illinoisans were departing the state in significant numbers.

And this morning, I read a commentary piece on the Chicago Tribune website that provided more evidence of a “diaspora” taking place from the “Land of Lincoln.” Diana Sroka Ricker of the Chicago-based non-partisan research organization Illinois Policy Institute wrote:

A startling pair of Gallup polls recently suggested that Illinoisans are an unhappy lot. Half of us would move elsewhere if we could. One in 4 says Illinois is the worst possible place to live in the entire U.S.

Naysayers claim it’s all talk. It isn’t.

Not long after the Gallup polls came out, the Internal Revenue Service released fresh numbers showing which states people are moving to and which states people are fleeing.

Spoiler: Illinois didn’t earn any positive marks in this report, either.

According to the IRS, Illinoisans don’t just want to move; they are moving. And they’ve been moving for a long time.

From 1995 to 2010, Illinois lost more than 850,000 people to other states. That’s after you offset the number of people who actually moved in.

The bleeding is bad; on net, 1 person leaves Illinois every 10 minutes.

(Editor’s note: Bold added for emphasis)

I’m skeptical that a Republican governor now at the helm will be able to reverse the outflow- or the state’s fortunes- anytime soon. First, the Democrats who have mainly presided over the fiscal mess are pretty much still in power- sans Pat Quinn. Second, I’m awaiting the Rauner administration to announce down the road that “drastic times call for drastic measures” (or something like that) to bring the state’s economy back. I’m guessing those “measures” might not be too appealing to prospective Illinois residents, let alone those already here.

As for me? Permanent residency in Wisconsin is still a possibility, with the move depending quite a bit on how the “Land of Lincoln” fares in the next few years. If it all goes to crap, then there’s a good chance I’ll be seeking refuge behind the “Cheddar Curtain.”

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Karp, Gregory. “Another moving survey shows people leaving Illinois.” Chicago Tribune. 2 Jan. 2015. (http://www.chicagotribune.com/business/breaking/ct-illinois-outbound-moves-0103-20150102-story.html). 3 Jan. 2015.

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Illinois Named Worst-Run State In America In 2014

“‘We don’t have the time to mess around. We are in deep, deep trouble financially,’ [Illinois Governor-elect Bruce] Rauner told a meeting of the Illinois Farm Bureau at a downtown Chicago hotel. ‘The next 24 months are going to be rough. And I apologize. I ain’t going to be Mr. Popularity for a little while. That’s OK. Four years from now I think, though, everybody will appreciate what we did.’”

Chicago Tribune website, December 8, 2014

Talk about lists you don’t want to be on. In 2012 and 2013, Illinois was the 3rd worst-run state in the annual best- and worst-run states in America survey conducted by New York City-based financial news and opinion organization 24/7 Wall St.

So how did the “Land of Lincoln” fare in 2014? From the 24/7 Wall St. website on December 3:

How well run is your state? Assessing a state’s management quality is hardly easy. The current economic climate and standard of living in any given state are not only the results of policy choices and developments that occurred in the last few years, but can also be affected by decisions made decades ago, and by forces outside a state’s control.

Each year, 24/7 Wall St. attempts to answer this question by surveying various aspects of each state. To determine how well states are managed, we examine key financial ratios, as well as social and economic outcomes. This year, North Dakota is the best-run state in the country for the third consecutive year, while Illinois replaced California as the worst-run state

(Editor’s note: Bold added for emphasis)

Ouch. Worst part is, the people who brought us this mess are the same ones still in charge, more or less. It will be interesting to see how much of a difference Governor-elect Rauner- who ran on the Republican ticket- can make in the Democrat-controlled state.

24/7 Wall St. went into more detail about my home state’s latest “honor.” From the piece:

Illinois is the worst-run state in the nation. Like many other low-ranked states, more people left Illinois than moved there. Illinois lost more than 137,000 residents due to migration between the middle of 2010 and July 2013. A poor housing market may partly explain the exodus. Median home values fell 16.2% between 2009 and 2013, the second largest drop nationwide. Illinois has extremely poor finances by many measures. Just 39.3% of Illinois’ pension liabilities were funded as of 2013, worse than any other state. Further, the state’s reserves are estimated at just 0.5% of its general fund expenditure, the second lowest reserves rate nationwide. Both Moody’s and S&P gave Illinois the worst credit ratings of any state, at A3 and A- respectively. According to Moody’s, the state’s rating reflects its low fund balances and high pension obligations, as well as its “chronic use of payment deferrals to manage operating fund cash.”

As for our neighbors, Indiana is ranked 28th and Wisconsin comes in at 26th in 2014- down from 19th and 21st- respectively.

That’s quite a hit (9 places) the Hoosiers took from last year. Wonder what’s behind the drop?

Curious as to where 24/7 Wall St. ranked your state in 2014? Head on over to their website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Illinois Policy Institute: ‘Illinois Is Exporting Its Higher-Income Earners’

From time to time, I’ll talk about the Illinois Policy Institute, a Chicago-based non-partisan research organization that works “to make Illinois first in economic outlook and job creation.” The last time I blogged about the Institute, they had just released a report about Illinois having the most units of local government of any state in the country.

I happened to stop by their website the other day and something disturbing caught my eye. On March 27, Michael Lucci, the Institute’s Director of Jobs and Growth, talked about the state’s tax structure driving away businesses. He wrote:

There’s no telling how many businesses have left or expanded elsewhere over the years.

Caterpillar Inc. announced this week that it will expand in Georgia, AM manufacturing is leaving for Indiana and OfficeMax Inc. famously decided on Florida over Illinois.

That’s exactly what millions of people are doing. On net, 1.25 million more people have left Illinois than entered since 1985. Not only that: The average taxpayer who leaves Illinois earns $65,400. The average taxpayer who enters Illinois earns $56,700.

It’s clear what is happening. Illinois is exporting its higher-income earners, who are also job creators and investors…

(Editor’s note: Bold added for emphasis)

Regular readers of Survival And Prosperity shouldn’t be too surprised at these findings.

Back on January 9, I talked about a press release associated with United Van Lines’ 37th Annual Migration Study, which found Illinois was the number two outbound state for a second year in a row in 2013.

And on February 27, I discussed a February 14 Crain’s Chicago Business piece that said Cook County lost about 13,000 residents with six-figure household incomes to other places during the Great Recession.

Regrettably, the politicians and their mouthpieces will keep peddling the spin about how individuals and businesses are tripping over themselves to move into the state. Meanwhile, the exodus from the “Land of Lincoln” will likely continue for the foreseeable future.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Lucci, Michael. “Illinois’ recipe for exodus: 7 different tax structures proposed for 2015.” Illinois Policy Institute. 27 Mar. 2014. (http://www.illinoispolicy.org/illinois-recipe-for-exodus-7-different-tax-structures-proposed-for-2015/?utm_source=outbrain). 17 Apr. 2014.

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