In 2024, California experienced its second-lowest arrival share of relocations since 2004, with only 41.1% of moves being inbound, indicating a trend of outmigration.
The data reveals a significant decline in California's ability to attract new residents, as the state saw 58.9% of relocations being exits, the second-largest decline since 2004.
California's net outmigration is thinning, dropping from a flow of 249,300 in 2023 to 197,000 by mid-2024, marking a notable decrease.
Comparing U-Haul's statistics, the DIY relocations into California remained nearly stable at around 49.3%, highlighting that inbound and outbound moves are closely matched.
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