In the last few years, we’ve handled an overwhelming disproportionate influx of moves into the Austin area. It seems this is the place that people want to be. While many of the newcomers hail from California, we’ve also seen a surprising uptick in the number of people moving here from the East Coast – places like Boston, New York City, Philly, and parts of New Jersey. It turns out that people are leaving these locales in record numbers, and a new article from the NY Post reveals just how bad things have gotten with people moving out of New York City.
The Facts and Figures of People Relocating from NYC
According to data published by the Census Bureau, over 1 million people have left the greater New York metro area since 2010, a 4.4% population decrease. And many of those were just in the last two years. Data reveals that 187,000 people left in 2015 and an astounding 223,000 left in 2016. We talked to a friend that works for an NYC moving company who said he’d noticed the mass exodus from the city, and it doesn’t appear to be slowing down for 2017. Instead of booking lots of local moving jobs between boroughs, the schedule of these Queens movers is filling up with a lot of outbound interstate moving jobs. Destinations at the top of the list are places like Texas and Florida. So just what is causing everyone to leave? The Post cites several reasons:
Improved Economic Conditions
During an economic downturn, people tend to stay put. After the 2008 recession, the housing market went stagnant, and people didn’t move. Now that the economy is growing again, there’s job growth in other more promising markets, and real estate is selling.
Better Climates Elsewhere
New York sees all four seasons, but enduring the bone-chilling winters is just too much for some. The average low here is 25.7 degrees in the winter, with 25 inches of snowfall. Combatting ice, snow, and having to tote a huge coat everywhere leaves many wondering why they continue to put up with the blustery conditions when they could just move somewhere warmer.
Retirees Love Florida
This brings us to the subject of retirees. For decades, retirement homes and communities have cropped up around Florida, promising older folks the ability to enjoy the Golden Years while basking in 365 days of sunshine. After all, why should these cherished retirement years be spent bundled up shuffling around a hectic city? NewsMax reports that 2 of the top 5 places with the most retirees are in Florida – Tampa-St. Petersburg and Palm Bay. As America’s Baby Boomer generation ages, we see more and more of them leaving the East Coast for sunnier climes.
Lower Tax Rates
NYC has oppressive tax rates that are driving many people to move to taxpayer-friendly states like Texas and Florida. In New York City, the state and local income taxes total 10%, which is 118.3% higher than the national average state & local income tax rate. Additionally, the sales tax rates are high too. NYC charges a sales tax of 8.88% which is 48% higher than the national average of 6%. By comparison, states like Texas, Florida, and a handful of others are zero income tax states. People who are tired of the government taking such a significant cut of their paychecks are heading out of the city.
Lower Cost of Living
The cost of living in NYC is astronomical, and the median household income across all boroughs is lower than the nationwide median. Lower wages in combination with high-income tax rates make it difficult for many New Yorkers to get by, especially when you consider that the average apartment costs $4300/month and the average home price is $1.7 million. Everything from groceries to entertainment to alcohol is more expensive than the rest of the country too. For the full run down, check out this helpful moving to New York infographic published by Brick Underground. People are leaving New York to pursue more affordable living elsewhere.
All these points circle back to why so many people are moving to Austin. Not only do we enjoy a healthy economy, with a low cost of living, ample job opportunities, and zero income tax, but we also have a warmer climate, a great arts and cultural scene, and lots of outdoor space to enjoy. When compared with expensive East Coast living, it’s no wonder so many people love calling Austin home.
How to Ship Your Vehicle
If you are like many people who are in the process of an interstate or international relocation, you may have considered driving your vehicle for part or all of your journey. However, moving your car can be costly both in terms of mileage accrual and vehicle wear and tear. In this post, we’ll walk you through the best way to ship a car for an interstate or an international relocation.
Car Shipment – Interstate Relocation
Once you’ve decided that shipping your vehicle is the way to go, your next step will be to choose a transport vehicle. Depending on your destination and chosen mode of transport, you can expect the transport to take anywhere from 2 to 4 weeks. You have two basic options for shipping your vehicle domestically:
Open Carrier: As the name suggests, this type of carrier will leave your vehicle exposed to the elements during its journey. As such, it is best to choose this option for older vehicles, short trips, or travel when mild weather is predicted. Transport by open carrier is typically the most affordable option for shipping your car.
Closed Carrier: A closed carrier, as its name implies, shields your vehicle on all sides from the elements and other vehicles in an enclosed trailer. While this option will be more expensive, your car will not share a space with other vehicles or items and will not be exposed to the elements. This is the better option for safeguarding your vehicle’s value. For affordable auto transport options in the domestic U.S. check with www.cheapmoversphiladelphia.com.
Car Shipment – International Relocation
For an international relocation, by far the most common mode of transport is by sea. Your car will be loaded into a shipping carrier and then onto a vessel for transport. An international vehicle shipment typically requires more advance planning for these reasons and others:
- You must complete required customs declaration forms and often pay fees.
- You need to arrange for shipping insurance if your current insurer does not provide this.
- You will need to prepare your vehicle for transport by cleaning it, noting any existing damage, removing personal items and exterior attachments (racks, spoilers, et al) and taking photos prior to transport.
Other Vehicle Transportation Options
In addition to mode of transport, you often have some additional options that can save you time or money as your needs dictate.
- Pick-up and delivery options: You will save more money with a terminal-to-terminal option, but a door-to-door option is far more convenient.
- Scheduled or open pick-up date: A scheduled pick-up will start your vehicle’s journey on a predefined date. If your departure is flexible, an open pick-up date will fit your car in when there is extra room on a carrier.
- Self-towing: UHaul and other truck rental companies have affordable options for towing your own vehicle behind your rental truck. Going the DIY route can be way cheaper than paying a company for transportation.
By doing your research and knowing your options, you can select the shipping company that best meet your time and cost needs for your move.