What? People are leaving South Dakota?
You might be thinking, Hey, Tristan, you've got 150 videos on your channel
about Rapid City, Black Hills and South Dakota and people are yet leaving. Yep.
In this video will talk about the five most popular states
people from South Dakota are moving to.
And then we'll finish up with talking about the five most popular states
people are moving from to get to South Dakota.
Hey Everybody's Tristan Emond with Mindful Living Realty, a REALTOR(r) right here
in Rapid City, South Dakota, the gateway to the Black Hills.
Now, this information is from the 2021 IRS tax data.
Does that make it more official?
So this article actually listed the top ten,
but did not showcase anything under 1%.
So the bottom five, that were all just 1% were Tennessee,
Oklahoma, Utah, Kansas and Idaho.
How about the top five states that people are moving to?
Number five on the list is Montana.
Now, really, this doesn't surprise me.
It's a kind of our sister state up there, bigger mountains, better scenery,
especially if you get the west out of the state.
East of the state is not much, but you know, it's space, it's room, right?
7% of South Dakota outbound moves were to Montana.
State number four, Alabama.
Now you're going to see a trend from here on out and that trend is south,
where it's warm.
Alabama certainly qualifies for warm, hot and humid.
Getting away from the cold South Dakota winters,
I'm sure every South Dakotan has thought about it
at one time or another, but Alabama came in fourth
with 8% of the outbound moves going to that state.
State number three,
big ol' state of Texas.
With Texas
having similar values of South Dakota, big
open spaces, a lot of gun owners, etc., etc..
Texas makes sense for a lot of the moves coming out of South Dakota.
It's hot, it's warm, and it's away from that damn winter.
15% of those moves went to the great big state of Texas.
State number 2?Let's hit up some beaches in Florida.
Similar to Texas, Florida has some of the same values as South Dakota.
Plus, there's a beach no matter where you go within a few hours drive, for sure.
There's some of us that like to vacation in Florida every year.
I'm not sure about those people. Those are guys are kind of weird.
29% of the outbound moves decided. You know what?
I vacation Florida enough.
Let's make that our home. All right.
Can you guess the number one state that South Dakotans are moving to?
No, it's not North Dakota.
Surprise, surprise.
It's Arizona.
Arizona makes a lot of sense, a lot of the present snowbirds,
Arizona is their home to hang out during that winter time.
So that nice, warm climate that also is kind of dry like South Dakota
is going to beat out those South Dakota harsh winters almost all the time.
Arizona tops the list with 33% of the moves going to the state of Arizona.
Now, what states are people moving from to move in to the state of South Dakota?
This comes the same article that has a 2021 income tax returns,
and they were reported about 3000 people moving into the state of South
Dakota during this time frame.
Of all the states, over 1% of the moves, the bottom five were under 5%.
Those bottom five were North Dakota, Washington, Wyoming, Nebraska and Nevada.
So what are the top five inbound moves into the state of South Dakota?
Number five, Illinois.
Illinois accounted for 7% of the moves and that was about 200 families.
Number four,
Colorado, apparently a bunch of people from two states down decided
things are a little bit better in the state of South Dakota.
So they moved up.
Colorado accounted for 10%, moves about 300 families.
Number three,
Iowa, this one surprised me a little bit
because I actually haven't helped anybody from Iowa move into our state,
unlike the rest of the states I've mentioned so far.
But 11% came from the state of Iowa, which is about 325 families.
Inbound moves number 2, the state of Minnesota.
Based on my experience in the past couple of years, I have talked
with a number of Minnesotans, mostly in the Twin Cities area
and quite a few around that whole area where the riots broke out a few years ago.
Things escalated fast and they were ready to get out of there
and into a place that made a little more sense.
Minnesota accounted for 18% of the moves, about 530 families.
Now, I'm sure this number one state is going to be no surprise to you.
In fact, a lot of people are really upset that this happened.
But the number one state for people
moving into the state of South Dakota is California.
California's accounted for 37% of all the inbound moves.
About 1100 people.
And that's almost twice the Minnesota move ins.
Now, if you've read any of the comments in some of my videos,
you know that that has not been a popular subject.
Go away from South Dakota, don't California,
South Dakota, all these different things that people have talked about.
Fortunately, the ones that I've dealt with from California
have been the ones that are really excited to be in the state of South Dakota,
to become South Dakotans and really don't want to go back to California.
And you've heard me say on this channel over and over again,
don't come here try to change things.
Because that's not what we want in South Dakota.
United Van lines.
They put out a report
every year that talk about the inbound and outbound moves to every state.
First thing to note here on the map is South Dakota is a high inbound state.
So a lot of people have been coming into the state of South
Dakota, unlike California, which is a high outbound state.
But if we go up here, we can select South Dakota and we can see why people moved.
And this really correlates with a lot of data
that we as realtors have had over the over the years.
People usually move for job and family.
So job was the biggest reason for people moving out of state
and family was the next with retirement being number three.
And that makes a lot of sense, especially going to the warmer states.
You know, when I'm ready to retire in a few short years,
going someplace a little bit warmer might be on the menu.
And then a number of people decided,
forget this South Dakota stuff, I want a different lifestyle.
And this age range chart kind of collaborates that as well
with most of the people moving over the age of 45.
And if you look at the incomes of people moving out of state of South Dakota,
not the rich, not the poor, it's really just the ones
just kind of right in between, which makes sense.
Hard work in South Dakotans, finding a different place to go.
Now, let's go back to the website and look about why
people are moving into the state of South Dakota.
Family and job again win the day.
But there's a number of people that are moving to South Dakota for retirement
and then lifestyle and cost of living is the next major category.
Taking a look at the age ranges of people moving into the state of South Dakota.
It's really interesting because it really it's kind of spread across the board.
So from the 18 to 34 year olds, which is the smallest category,
everything over 35 is kind of about the same.
And look at this income on the inbound moves, the majority of people are
the ones are making over $150,000 annually.
There you have it everybody, the states people are moving to
and the people are moving from. What do you think?
Any of these really surprise you?
Let me know in the comments below. Thanks everybody for watching.
Have an zmazing day.
And remember love where you live.