People are Moving for Jobs
The latest 2018 figures are in, and for two years in a row now, our brave little state beat out the Sunbelt and the Mountain and Pacific states for a share of inbound moves. While the overall trend is a move West, Vermont had the highest percentage of inbound migration in the country in 2018.
Over seventy percent of the movers in Vermont were inbound, contrasting with New Jersey where nearly the same percentage moved out, reports United Van Lines’ 42nd Annual National Movers Study, which tracks customers’ state-to-state migration patterns.
Over the last five years, Vermont has benefited from inbound migration. Most people relocating to Vermont come because of a company transfer or a new job. Vermont companies are known for their commitment to family and provide generous maternity/paternity plans. Also, many Vermont businesses have a focus on environmental sustainability and are leaders in charitable causes. Think Keurig Green Mountain (water security); Burton Snowboards (opportunities for underserved youth) and King Arthur Flour (feeding America). And of course, who can beat, after a hard day of work, playing hard in the mountains or a paddle on Lake Champlain.
Close behind job opportunities, people move to the state to retire, followed by being closer to family and for lifestyle. Nine out of ten people who moved to Vermont are 45 years old and up and nearly three-quarters have an annual income over $100,000. For retirees, Vermont is not only a beautiful place to live with four glorious seasons, but the cost of living is low and stretches their income
Select Sold Properties
Check out some of these properties sold by LandVest in 2018. Most were turnkey, offered complete privacy and had booming views of the mountains:
Thinking About Moving to Vermont?
2019 marks LandVest’s 51st year. Since 1968, LandVest’s roots have been in advising New England families, whose assets have ranged from a house in town, to a country estate, to a portfolio of timberland.