Marist College Bureau Of Economic Research MIGRATION REPORT of the HUDSON VALLEY 2009-2014 MARIST COLLEGE Dr. Christy Huebner Caridi Marist Bureau of Economic Research School of Management Poughkeepsie, New York 12601 November 2015 The support of student research assistants Kristen Sandberg and Kristen Lawler is acknowledged and appreciated. This report is available on the Bureau of Economic Research homepage http://www.marist.edu/management/bureau Marist College Bureau of Economic Research Note to Reader I. All data in this report was secured from the Internal Revenue Service SOI series. Data Title: County-to-County Migration Data years 2009-2014. II. All calculations by author. III. The County-to-County Migration Data defines a household as any individual or family that files a 1040 tax return. Given this, the creation of a new household–as defined by the IRS– may not coincide with the creation of a new residence. Marist College Bureau of Economic Research Hudson Valley Migration Five-Year Summary — 2009-2014 • Over the five-year period, migratory activity across the Hudson Valley resulted in a net loss of 24,295 households. • One in 17.8 households moved out of the Hudson Valley. • Total migratory activity resulted in a net loss of $2.198 billion in adjusted gross income (AGI). • The region lost 40,541 households to interstate migration; intrastate migration resulted in a net gain of 16,910 households. • Consistent with trend, Putnam County experienced the highest level of intrastate migration. • In all cases, intrastate migratory activity exceeded that of interstate migratory activity. • Consistent with trend, the largest net inflow (19,129 households) came from New York City (NYC), with the majority of these households migrating from Bronx County. • In both Rockland and Westchester counties, the main source of migratory inflows was NYC. • Nontrivial migratory activity with contiguous counties — interstate and intrastate — is a strong indicator that significant migratory activity was due to reasons other than a change in employment. • Putnam County was most likely to experience migratory activity with a contiguous county at more than one-half of all migratory inflows and outflows. • With the exception of Rockland and Westchester, the most important migratory activity was intraregional. • Consistent with trend, the Northeast Region was the most important source of inflows into the Hudson Valley, while the Southern Region was the most important destination for households leaving the Hudson Valley. • As a percentage of all interstate migration, outbound migration to the Southern Region was the highest in Sullivan, followed by Ulster, Orange, and Dutchess. • Northeast regional migration, as a percentage of all interstate migration, was the highest in Rockland County at more than one-half of all interstate inflows and slightly less than one-half of all interstate outflows. 1 New York State Hudson Valley New York City Contiguous Counties Different State All Migration Hudson Valley Westchester Ulster Sullivan Rockland Putnam Orange Dutchess Area Flow Summary 5‐Year Migration 2009‐2014 In 17,307 20,624 8,598 11,897 5,354 12,173 57,480 133,433 Out 15,512 17,859 7,469 11,180 5,076 11,435 47,992 116,523 In 10,004 10,995 5,881 4,432 2,977 6,934 9,126 50,349 Out 8,421 10,447 5,443 4,854 2,949 6,632 11,603 50,349 In 4,276 7,325 2,170 6,177 1,596 2,456 43,002 67,002 Out 3,117 4,659 1,377 4,868 1,052 1,698 31,102 47,873 In 7,734 10,704 6,260 6,050 2,889 7,139 30,295 71,071 Out 7,703 10,630 6,286 6,997 3,034 7,041 28,050 69,741 In 8,530 14,280 2,566 9,342 2,216 5,482 32,744 75,160 Out 13,326 22,756 4,412 14,603 3,696 7,603 49,305 115,701 In 26,037 35,348 11,206 21,602 7,620 17,777 91,608 211,198 Out 29,134 41,137 11,991 26,262 8,822 19,213 98,934 235,493 Different State Percent of All Sullivan Ulster Westchester Hudson Valley Contiguous Counties Percent of ALL Rockland New York City Percent of State Putnam Hudson Valley Percent of State Orange New York State Percent of ALL Dutchess Area Flow Summary 5‐Year Migration 2009‐2014: Percent of Totals In Out In Out In Out In 66.47% 53.24% 57.80% 54.29% 24.71% 20.09% 29.70% 58.35% 43.41% 53.31% 58.50% 35.52% 26.09% 30.28% 76.73% 62.29% 68.40% 72.87% 25.24% 18.44% 55.86% 55.07% 42.57% 37.25% 43.42% 51.92% 43.54% 28.01% 70.26% 57.54% 55.60% 58.10% 29.81% 20.72% 37.91% 68.48% 59.52% 56.96% 58.00% 20.18% 14.85% 40.16% 62.75% 48.51% 15.88% 24.18% 74.81% 64.81% 33.07% 63.18% 49.48% 37.73% 43.21% 50.21% 41.08% 33.65% Out 26.44% 25.84% In 32.76% 40.40% Out 45.74% 55.32% 52.42% 22.90% 36.79% 26.64% 43.25% 55.61% 34.39% 29.08% 41.90% 36.65% 28.35% 29.61% 30.84% 35.74% 35.59% 39.57% 49.84% 49.13% 2 Midwest Southern West Different State Rockland Hudson Valley Putnam 3,178 5,661 1,206 5,232 881 1,793 14,870 32,821 Out 1,980 7,207 1,157 1,999 21,740 45,239 Ulster Orange In Sullivan Dutchess Northeast Flow Area Westchester Summary 5‐Year Interstate Migration by Region 2009‐2014 4,198 6,958 In 779 1,214 165 539 162 539 2,611 6,009 Out 925 1,819 154 659 190 585 2,830 7,162 In 3,252 5,609 816 2,677 924 2,260 11,135 26,673 Out 6,278 11,083 1,744 5,401 1,924 3,739 18,728 48,897 In 1,321 1,796 379 894 249 890 4,128 9,657 Out 1,925 2,896 534 1,336 425 1,280 6,007 14,403 In 8,530 14,280 2,566 9,342 2,216 5,482 32,744 75,160 Out 13,326 22,756 4,412 14,603 3,696 7,603 49,305 115,701 Sullivan Ulster Westchester Hudson Valley West Rockland Southern Putnam Midwest Orange Northeast Dutchess Area Flow Summary 5‐Year Migration by Region 2009‐2014: Percent of Interstate Migration In Out In Out In Out In Out 37.26% 31.50% 9.13% 6.94% 38.12% 47.11% 15.49% 14.45% 39.64% 30.58% 8.50% 7.99% 39.28% 48.70% 12.58% 12.73% 47.00% 44.88% 6.43% 3.49% 31.80% 39.53% 14.77% 12.10% 56.01% 49.35% 5.77% 4.51% 28.66% 36.99% 9.57% 9.15% 39.76% 31.30% 7.31% 5.14% 41.70% 52.06% 11.24% 11.50% 32.71% 26.29% 9.83% 7.69% 41.23% 49.18% 16.23% 16.84% 45.41% 44.09% 7.97% 5.74% 34.01% 37.98% 12.61% 12.18% 43.67% 39.10% 7.99% 6.19% 35.49% 42.26% 12.85% 12.45% 3 Marist College Bureau of Economic Research Hudson Valley Migration Year-over-Year Summary — 2013-2014 • Year-over-year, migratory activity across the Hudson Valley resulted in a net loss of 6,172 households. • One in 17.3 households moved out of the Hudson Valley. • Total migratory activity resulted in a net loss of $515.96 million in adjusted gross income (AGI). • The region lost 10,090 households to interstate migration; intrastate migration resulted in a net gain of 3,688 households. • Putnam County experienced the highest percentage of inflows from intrastate migration, while Ulster County experienced the highest percentage of outflows from intrastate migration. • In Dutchess, Putnam, Sullivan, and Ulster counties, intrastate migratory outflows exceeded interstate migratory outflows. Intrastate inflows exceeded interstate inflows for all counties in the Hudson Valley. • Consistent with trend, the largest net inflow (4,228 households) came from New York City (NYC), with the majority of these households migrating from Bronx County. • In both Rockland and Westchester counties, the main source of migratory inflows was NYC. • Nontrivial migratory activity with contiguous counties — interstate and intrastate — is a strong indicator that significant migratory activity was due to reasons other than a change in employment. • Putnam County was the most likely to experience migratory activity with a contiguous county. • With the exception of Rockland and Westchester, the most important migratory activity was intraregional. • Consistent with trend, the Northeast Region was the most important source of inflows into the Hudson Valley, while the Southern Region was the most important destination for households leaving the Hudson Valley. • As a percentage of all interstate migration, outbound migration to the Southern Region was the highest in Sullivan, followed by Ulster and Orange. • Northeast regional migration, as a percentage of all interstate migration, was highest in Rockland County at more than one-half of all interstate inflows and slightly less than one-half of all interstate outflows. 4 Contiguous Counties Different State All Migration Rockland Sullivan Ulster Hudson Valley Putnam New York City Orange Hudson Valley Dutchess New York State Flow Area Westchester Summary One Year Migration 2013‐2014 In 3,536 4,629 1,887 2,400 1,057 2,627 12,006 28,142 Out 3,260 3,677 1,610 2,227 1,142 2,539 9,999 24,454 In 1,995 2,565 1,315 864 586 1,524 1,940 10,789 1,779 2,193 1,151 982 655 1,548 2,481 10,789 875 1,613 462 1,251 353 514 8,980 14,048 Out In Out 628 953 311 944 228 333 6,423 9,820 In 1,566 2,480 1,390 1,231 551 1,556 6,218 14,992 Out 1,648 2,231 1,340 1,491 693 1,619 6,190 15,212 In 1,640 2,889 537 1,915 425 1,089 6,562 15,057 Out 2,941 4,747 1,001 3,157 810 1,579 10,912 25,147 In 5,198 7,592 2,424 4,287 1,482 3,743 18,758 43,484 Out 6,190 8,499 2,634 5,431 1,952 4,148 20,802 49,656 Different State Percent of All Rockland Sullivan Ulster Westchester Hudson Valley New York City Percent of State Contiguous Counties Percent of ALL Putnam Hudson Valley Percent of State Orange New York State Percent of ALL Dutchess Area Flow Summary One Year Migration 2013‐2014: Percent of Totals In Out In Out In Out In 68.03% 52.67% 56.42% 54.57% 24.75% 19.26% 30.13% 60.97% 43.26% 55.41% 59.64% 34.85% 25.92% 32.67% 77.85% 61.12% 69.69% 71.49% 24.48% 19.32% 57.34% 55.98% 41.01% 36.00% 44.10% 52.13% 42.39% 28.71% 71.32% 58.50% 55.44% 57.36% 33.40% 19.96% 37.18% 70.18% 61.21% 58.01% 60.97% 19.57% 13.12% 41.57% 64.00% 48.07% 16.16% 24.81% 74.80% 64.24% 33.15% 64.72% 49.25% 38.34% 44.12% 49.92% 40.16% 34.48% Out 26.62% 26.25% In 31.55% 38.05% Out 47.51% 55.85% 50.87% 22.15% 38.00% 27.45% 44.67% 58.13% 35.50% 28.68% 41.50% 39.03% 29.76% 30.63% 29.09% 34.98% 34.63% 38.07% 52.46% 50.64% 5 Midwest Southern West Different State 267 1,076 172 363 3,066 6,755 890 1,419 448 1,480 237 384 4,821 9,679 In 116 273 20 105 38 107 485 1,144 Out 167 358 35 141 49 115 559 1,424 In 607 1,122 175 539 169 426 2,174 5,212 1,446 2,363 393 1,250 437 817 4,155 10,861 In 219 381 75 195 46 193 837 1,946 Out Out Ulster Putnam Sullivan 1,113 Rockland 698 Out Orange In Dutchess Hudson Valley Northeast Flow Area Westchester Summary One Year Interstate Migration by Region 2013‐2014 438 607 125 286 87 263 1,377 3,183 In 1,640 2,889 537 1,915 425 1,089 6,562 15,057 Out 2,941 4,747 1,001 3,157 810 1,579 10,912 25,147 Sullivan Ulster Westchester Hudson Valley West Rockland Southern Putnam Midwest Orange Northeast Dutchess Area Flow Summary One Year Migration by Region 2013‐2014: Percent of Interstate Migration In Out In Out In Out In Out 42.56% 30.26% 7.07% 5.68% 37.01% 49.17% 13.35% 14.89% 38.53% 29.89% 9.45% 7.54% 38.84% 49.78% 13.19% 12.79% 49.72% 44.76% 3.72% 3.50% 32.59% 39.26% 13.97% 12.49% 56.19% 46.88% 5.48% 4.47% 28.15% 39.59% 10.18% 9.06% 40.47% 29.26% 8.94% 6.05% 39.76% 53.95% 10.82% 10.74% 33.33% 24.32% 9.83% 7.28% 39.12% 51.74% 17.72% 16.66% 46.72% 44.18% 7.39% 5.12% 33.13% 38.08% 12.76% 12.62% 44.86% 38.49% 7.60% 5.66% 34.62% 43.19% 12.92% 12.66% 6 Marist College Bureau of Economic Research Dutchess County Five-year analysis – 2009-2014 • During the period, the number of households in Dutchess County increased at an annualized rate of less than 1.00 percent per year (2,858 households), rising from 106,074 households in 2009 to 108,932 in 2014. • Existing residents created 5,955 new households; migratory activity resulted in a net loss of 3,097 households. For the period, o 26,037 households moved into the county; o 29,134 households moved out of the county. • On average, one out of every 18.5 households left the region. • Total migratory activity resulted in a net loss of $124.17 million in adjusted gross income (AGI). • Migratory activity among contiguous counties — both intrastate and interstate — accounted for 29.70 percent of all inflows and 26.44 percent of all outflows. • Intrastate activity constituted 66.47 percent of all inflows and 53.24 percent of all outflows. • Consistent with trend, the most significant intrastate activity was intra-regional at 57.80 percent of all intrastate inflows and 54.29 percent of all intrastate outflows. o With the exception of Ulster, Dutchess gained households from every county in the region. The largest net inflow occurred with Westchester County at 914 households, followed by Putnam County at 605 households (Chart 1, Table 1). See Chart 2 for income data. • Migratory activity with the five counties of New York City (NYC) represented 24.71 percent of all intrastate inflows and 20.09 percent of all intrastate outflows. o Consistent with trend, migratory activity with NYC resulted in a net inflow of 1,159 households, with more than 50 percent of all households gained migrating from Bronx County (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 32.76 percent of all inflows and 45.74 percent of all outflows. More than 40 percent of all interstate flows were with the Southern Region; migration within the Northeast Region accounted for more than 33 percent of all flows (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was relatively small at 0.77 percent of all inflows and 1.22 percent of all outflows. 7 1 Chart 1: Dutchess County Inflow/Outflow Intra‐Regional 2009‐2014 10,004 8,421 2,008 267 220 134 119 1,211 1,857 Orange County 3,281 2,498 1,816 Putnam County Rockland County Sullivan County Total Inflow 2,367 2,647 Ulster County Westchester County Hudson Valley Total Outflow Chart 2: Dutchess County Average AGI Intra‐Regional Migration 2009‐2014 $61,549 $47,030 $48,068 $63,939 $52,164 $52,693 $43,270 $37,807 $62,140 Orange County $59,760 Putnam County $44,448 Rockland County Sullivan County Total Inflow $71,457 $43,519 $57,421 Ulster County Westchester County Hudson Valley Total Outflow Table 1: Dutchess County Migration Activity within the Hudson Valley Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Orange County 2,008 1,857 $96,521,000 $87,334,000 $48,068 $47,030 Putnam County 1,816 1,211 $112,846,000 $74,536,000 $62,140 $61,549 Rockland County 267 220 $15,956,000 $11,476,000 $59,760 $52,164 Sullivan County 134 119 $5,956,000 $4,499,000 $44,448 $37,807 Ulster County 2,498 2,647 $108,711,000 $114,536,000 $43,519 $43,270 Westchester County 3,281 2,367 $234,449,000 $151,344,000 $71,457 $63,939 10,004 8,421 $574,439,000 $443,725,000 $57,421 $52,693 Hudson Valley 8 2 Chart 3: Dutchess County Inflow/Outflow New York City 2009‐2014 4,276 3,117 1,307 671 906 699 1,132 1,060 811 649 38 120 Bronx County Kings County New York County Queens County Total Inflow Richmond County New York City Total Outflow Chart 4: Dutchess County Average AGI New York City Migration 2009‐2014 $80,870 $40,529 $51,330 Bronx County $45,415 $55,438 $40,921 $131,770 $60,871 $58,013 Kings County $41,553 New York County Queens County Total Inflow $75,890 $52,717 Richmond County New York City Total Outflow Table 2: Dutchess County Migration Activity within the New York City Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Bronx County 1,307 671 $67,088,000 $27,195,000 $51,330 $40,529 Kings County 906 699 $52,560,000 $31,745,000 $58,013 $45,415 1,132 1,060 $149,164,000 $85,722,000 $131,770 $80,870 Queens County 811 649 $49,366,000 $26,558,000 $60,871 $40,921 Richmond County 120 38 $6,326,000 $1,579,000 $52,717 $41,553 4,276 3,117 $324,504,000 $172,799,000 $75,890 $55,438 New York County New York City 9 3 Chart 5: Dutchess County Inflow/Outflow Interstate 2009‐2014 6,278 4,198 3,178 3,252 1,925 925 779 Northeast: Region 1 1,321 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 6: Dutchess County Average AGI Interstate Migration 2009‐2014 $59,741 $60,684 $49,572 $52,429 Northeast: Region 1 $49,400 $43,131 Midwest: Region 2 South: Region 3 Total Inflow $54,355 $57,879 West: Region 4 Total Outflow Table 3: Dutchess County Migration Interstate Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Northeast: Region 1 Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow 3,178 4,198 $192,853,000 $250,791,000 $60,684 $59,741 779 925 $40,842,000 $45,854,000 $52,429 $49,572 South: Region 3 3,252 6,278 $140,262,000 $363,365,000 $43,131 $57,879 West: Region 4 1,321 1,925 $65,257,000 $104,634,000 $49,400 $54,355 Midwest: Region 2 10 4 Marist College Bureau of Economic Research Dutchess County Year-over-year analysis — 2013-2014 • Year-over-year, the number of households in Dutchess County was little changed (47 households), rising from 108,885 in 2013 to 108,932 in 2014. • Existing residents created 1,039 new households, while migration resulted in a net loss of 992 households. For the period, o 5,198 households moved into the county; o 6,190 households moved out of the county. • More than 50.00 percent ($65.52 million) of the five-year loss in AGI occurred in 2013-2014. • Overall, one out of every 17.6 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 30.13 percent of all inflows and 26.62 percent of all outflows. • Intrastate activity accounted for the majority of all migratory activity at 68.03 percent of all inflows and 52.67 percent of all outflows. • The most important migratory activity occurred within the Hudson Valley at 56.42 percent of all intrastate inflows and 54.57 percent of all intrastate outflows. This finding is consistent with trend. o With the exception of Ulster and Rockland counties, Dutchess gained households from all counties in the region. The largest net inflows occurred with Westchester and Putnam counties at 160 and 121 households created, respectively (Chart 7, Table 4). See Chart 8 for income data. • The second most important migratory activity occurred with the five counties of NYC at 24.75 percent (875 households) of all intrastate inflows and 19.26 percent (628 households) of all intrastate outflows, with the majority of these households migrating from Bronx County (Chart 9, Table 5). See Chart 10 for income data. • Interstate activity accounted for 31.55 percent of all inflows and 47.51 percent of all outflows. Consistent with the five-year trend, the majority of all interstate flows were with the Southern Region (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration was negligible at less than one percent of all inflows and one percent of all outflows. 11 5 Chart 7: Dutchess County Inflow/Outflow Intra‐Regional 2013‐2014 1,995 417 388 378 Orange County 554 453 257 52 48 Putnam County 34 Rockland County 505 23 Sullivan County Total Inflow 665 1,779 Ulster County Westchester County Hudson Valley Total Outflow Chart 8: Dutchess County Average AGI Intra‐Regional Migration 2013‐2014 $99,152 $51,353 $69,297 $57,981 $48,845 $73,278 Orange County $65,542 Putnam County $40,870 $63,000 Rockland County Total Inflow $68,095 $45,751 Sullivan County $60,803 $44,738 $60,355 Ulster County Westchester County Hudson Valley Total Outflow Table 4: Dutchess County Migration Activity within the Hudson Valley Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Orange County 417 388 $21,414,000 $18,952,000 $51,353 $48,845 Putnam County 378 257 $27,699,000 $25,482,000 $73,278 $99,152 Rockland County 48 52 $3,146,000 $3,015,000 $65,542 $57,981 Sullivan County 34 23 $2,142,000 $940,000 $63,000 $40,870 Ulster County 453 554 $20,725,000 $24,785,000 $45,751 $44,738 Westchester County 665 505 $45,283,000 $34,995,000 $68,095 $69,297 1,995 1,779 $120,409,000 $108,169,000 $60,355 $60,803 Hudson Valley 12 6 Chart 9: Dutchess County Inflow/Outflow New York City 2013‐2014 875 628 249 132 Bronx County 204 136 Kings County 240 223 157 137 New York County 25 Queens County Total Inflow ‐ Richmond County New York City Total Outflow Chart 10: Dutchess County Average AGI New York City Migration 2013‐2014 $82,659 $58,250 $49,265 $51,791 Bronx County $42,161 $43,154 $144,554 $0 $63,357 $50,343 Kings County New York County Queens County Total Inflow $78,985 $52,240 Richmond County New York City Total Outflow Table 5: Dutchess County Migration Activity within the New York City Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Bronx County 249 132 $12,896,000 $6,503,000 $51,791 $49,265 Kings County 204 136 $10,270,000 $5,869,000 $50,343 $43,154 New York County 240 223 $34,693,000 $18,433,000 $144,554 $82,659 Queens County 157 137 $9,947,000 $5,776,000 $63,357 $42,161 25 ‐ $1,306,000 $0 $52,240 NM 875 628 $69,112,000 $36,581,000 $78,985 $58,250 Richmond County New York City 13 7 Chart 11: Dutchess County Inflow/Outflow Interstate 2013‐2014 1,446 890 698 607 116 Northeast: Region 1 438 219 167 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 12: Dutchess County Average AGI Interstate Migration 2013‐2014 $53,820 $64,663 $64,844 $61,617 $68,819 Northeast: Region 1 Midwest: Region 2 $43,785 $43,601 South: Region 3 Total Inflow $55,132 West: Region 4 Total Outflow Table 6: Dutchess County Migration Interstate Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Northeast: Region 1 698 890 $43,009,000 $57,550,000 $61,617 $64,663 Midwest: Region 2 116 167 $7,983,000 $8,988,000 $68,819 $53,820 South: Region 3 607 1,446 $26,466,000 $93,765,000 $43,601 $64,844 West: Region 4 219 438 $9,589,000 $24,148,000 $43,785 $55,132 14 8 Marist College Bureau of Economic Research Orange County Five-year analysis – 2009-2014 • During the period, the number of households in Orange County increased at an annualized rate of 0.80 percent per year (4,231 households), rising from 131,294 households in 2009 to 135,525 in 2014. • Existing residents created 10,020 new households; migratory activity resulted in a net loss of 5,789 households. For the period, • o 35,348 households moved into the county; o 41,137 households moved out of the county. Total migratory activity resulted in a net loss of $171.65 million in adjusted gross income (AGI). • On average, one out of every 16.2 households left the region. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 30.28 percent of all inflows and 25.84 percent of all outflows. • Intrastate activity accounted for 58.35 percent of all inflows and 43.41 percent of all outflows. • Consistent with trend, the most significant intrastate activity was intra-regional at 53.31 percent of all intrastate inflows and 58.50 percent of all intrastate outflows. o Orange gained 714 households from Putnam, Rockland, and Westchester and lost 166 households to the remaining intra-regional counties (Chart 1, Table 1). See Chart 2 for income data. • Migratory activity with the five counties of NYC accounted for 35.52 percent of all intrastate inflows and 26.09 percent of all intrastate outflows. o Consistent with trend, migratory activity with NYC resulted in a net inflow of 2,666 households. The most significant activity was with Bronx County at 49.81 percent of the net inflow (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity represented 40.40 percent of all inflows and 55.32 percent of all outflows. Slightly more than 48.00 percent of all interstate outflows were to the Southern Region (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was relatively small at 1.26 percent of all inflows and 1.27 percent of all outflows. 15 9 Chart 1: Orange County Inflow/Outflow Intra‐Regional 2009‐2014 10,995 10,447 2,400 1,890 1,990 1,992 2,979 2,008 237 1,857 2,992 213 Dutchess County 1,532 Putnam County Rockland County Sullivan County Total Inflow 1,352 Ulster County Westchester County Hudson Valley Total Outflow Chart 2: Orange County Average AGI Intra‐Regional Migration 2009‐2014 $71,061 $59,611 $63,634 $48,068 $47,030 $61,491 $53,844 Dutchess County Putnam County Rockland County Sullivan County Total Inflow $64,262 $55,693 $42,866 $50,085 $43,392 $40,606 $54,328 Ulster County Westchester County Hudson Valley Total Outflow Table 1: Orange County Migration Activity within the Hudson Valley Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Dutchess County Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow 1,857 2,008 $87,334,000 $96,521,000 $47,030 $48,068 237 213 $12,761,000 $15,136,000 $53,844 $71,061 Rockland County 2,400 1,890 $147,578,000 $120,268,000 $61,491 $63,634 Sullivan County 1,990 1,992 $85,304,000 $80,888,000 $42,866 $40,606 Ulster County 2,979 2,992 $165,909,000 $129,829,000 $55,693 $43,392 Westchester County 1,532 1,352 $98,450,000 $80,594,000 $64,262 $59,611 10,995 10,447 $597,336,000 $523,236,000 $54,328 $50,085 Putnam County Hudson Valley 16 10 Chart 3: Orange County Inflow/Outflow New York City 2009‐2014 7,325 4,659 2,657 1,329 1,545 1,065 1,389 1,154 1,435 965 146 299 Bronx County Kings County New York County Queens County Total Inflow Richmond County New York City Total Outflow Chart 4: Orange County Average AGI New York City Migration 2009‐2014 $85,718 $41,331 $54,398 Bronx County $78,610 $49,730 Kings County $54,654 $45,754 $42,398 $80,797 $74,766 $60,590 New York County Queens County Total Inflow $60,464 Richmond County New York City Total Outflow Table 2: Orange County Migration Activity within the New York City Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Bronx County 2,657 1,329 $144,535,000 $54,929,000 $54,398 $41,331 Kings County 1,545 1,065 $76,833,000 $45,154,000 $49,730 $42,398 New York County 1,389 1,154 $112,227,000 $98,919,000 $80,797 $85,718 Queens County 1,435 965 $86,947,000 $44,153,000 $60,590 $45,754 299 146 $22,355,000 $11,477,000 $74,766 $78,610 7,325 4,659 $442,897,000 $254,632,000 $60,464 $54,654 Richmond County New York City 17 11 Chart 5: Orange County Inflow/Outflow Interstate 2009‐2014 11,083 6,958 5,661 5,609 2,896 1,214 Northeast: Region 1 1,819 1,796 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 6: Orange County Average AGI Interstate Migration 2009‐2014 $59,715 $44,515 $68,221 $43,339 Northeast: Region 1 $49,514 $42,553 $40,717 Midwest: Region 2 South: Region 3 Total Inflow $43,319 West: Region 4 Total Outflow Table 3: Orange County Migration Interstate Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Northeast: Region 1 5,661 6,958 $386,197,000 $415,495,000 $68,221 $59,715 Midwest: Region 2 1,214 1,819 $52,613,000 $80,972,000 $43,339 $44,515 South: Region 3 5,609 11,083 $228,383,000 $548,762,000 $40,717 $49,514 West: Region 4 1,796 2,896 $76,425,000 $125,453,000 $42,553 $43,319 18 12 Marist College Bureau of Economic Research Orange County Year-over-year analysis — 2013-2014 • Year-over-year, the number of households in Orange County increased 0.69 percent (924 households) from 134,601 in 2013 to 135,525 in 2014. • Existing residents created 1,831 new households, while migration resulted in a net loss of 907 households. For the period, o 7,592 households moved into the county; o 8,499 households moved out of the county. • Total migratory activity resulted in a net loss of $40.32 million in adjusted gross income (AGI). • For the period, one out of every 15.9 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 32.67 percent of all inflows and 26.25 percent of all outflows. • Intrastate migration accounted for the majority of all flows at 60.97 percent of all inflows and 43.26 percent of all outflows. • Consistent with the five-year trend, intra-regional activity represented 55.41 percent of all intrastate inflows and 59.64 percent of all intrastate outflows. o With the exception of Dutchess County, Orange gained households from every county in the region (Chart 7, Table 4). See Chart 8 for income data. • Migratory activity with the five counties of NYC accounted for 34.85 percent of all intrastate inflows and 25.92 percent of all intrastate outflows. o Consistent with previous years, inflows exceeded outflows, resulting in a net gain of 660 households; the majority of these migrated from Bronx County (Chart 9, Table 5). See Chart 10 for income data. • Interstate inflows accounted for 38.05 percent of all inflows and 55.85 percent of all outflows, with slightly less than 50.00 percent of all outflows moving to the Southern Region (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration was negligible at less than one percent of all inflows and one percent of all outflows. 19 13 Chart 7: Orange County Inflow/Outflow Intra‐Regional 2013‐2014 2,565 2,193 495 388 417 54 Dutchess County 49 Putnam County 461 378 Rockland County Sullivan County Total Inflow 832 687 386 335 276 Ulster County Westchester County Hudson Valley Total Outflow Chart 8: Orange County Average AGI Intra‐Regional Migration 2013‐2014 $64,377 $64,098 $55,388 $51,353 $48,845 $69,408 $48,704 Dutchess County Putnam County Rockland County Sullivan County Total Inflow $71,063 $52,428 $50,954 $52,209 $49,022 $38,062 $57,253 Ulster County Westchester County Hudson Valley Total Outflow Table 4: Orange County Migration Activity within the Hudson Valley Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Dutchess County 388 417 $18,952,000 $21,414,000 $48,845 $51,353 Putnam County 54 49 $2,630,000 $2,714,000 $48,704 $55,388 Rockland County 495 378 $34,357,000 $24,229,000 $69,408 $64,098 Sullivan County 461 386 $23,490,000 $14,692,000 $50,954 $38,062 Ulster County 832 687 $43,620,000 $33,678,000 $52,428 $49,022 Westchester County 335 276 $23,806,000 $17,768,000 $71,063 $64,377 2,565 2,193 $146,855,000 $114,495,000 $57,253 $52,209 Hudson Valley 20 14 Chart 9: Orange County Inflow/Outflow New York City 2013‐2014 1,613 953 540 264 Bronx County 382 224 Kings County 295 321 206 230 New York County 75 Queens County Total Inflow 29 Richmond County New York City Total Outflow Chart 10: Orange County Average AGI New York City Migration 2013‐2014 $145,509 $61,034 $42,761 $51,802 Bronx County $42,482 $76,129 $50,209 Kings County $68,652 $45,549 $82,853 $63,153 New York County Queens County Total Inflow $59,577 Richmond County New York City Total Outflow Table 5: Orange County Migration Activity within the New York City Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Bronx County 540 264 $27,973,000 $11,289,000 $51,802 $42,761 Kings County 382 224 $19,180,000 $9,516,000 $50,209 $42,482 New York County 295 230 $22,458,000 $33,467,000 $76,129 $145,509 Queens County 321 206 $20,272,000 $9,383,000 $63,153 $45,549 75 29 $6,214,000 $1,770,000 $82,853 $61,034 1,613 953 $96,097,000 $65,425,000 $59,577 $68,652 Richmond County New York City 21 15 Chart 11: Orange County Inflow/Outflow Interstate 2013‐2014 2,363 1,419 1,122 1,113 607 273 Northeast: Region 1 381 358 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 12: Orange County Average AGI Interstate Migration 2013‐2014 $61,948 $46,184 $57,558 $50,245 $42,949 Northeast: Region 1 $48,037 $42,849 Midwest: Region 2 South: Region 3 Total Inflow $44,738 West: Region 4 Total Outflow Table 6: Orange County Migration Interstate Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Northeast: Region 1 Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow 1,113 1,419 $64,062,000 $87,904,000 $57,558 $61,948 273 358 $11,725,000 $16,534,000 $42,949 $46,184 South: Region 3 1,122 2,363 $48,077,000 $118,728,000 $42,849 $50,245 West: Region 4 381 607 $18,302,000 $27,156,000 $48,037 $44,738 Midwest: Region 2 22 16 Marist College Bureau of Economic Research Putnam County Five-year analysis – 2009-2014 • During the period, the number of households in Putnam County increased at an annualized rate of 1.28 percent (1,863 households), rising from 35,599 in 2009 to 37,462 in 2014. • Existing residents created 2,648 new households; migratory activity resulted in a net loss of 785 households. • o 11,206 households moved into the county; o 11,991 households moved out of the county. Total migratory activity resulted in a net loss of $28.30 million in adjusted gross income (AGI). • On average, one out of every 15.3 households left the region. • Migratory activity with contiguous counties – both intrastate and interstate – accounted for 55.86 percent of all inflows and 52.42 percent of all outflows. • Intrastate activity accounted for 76.73 percent of all inflows and 62.29 percent of all outflows. • Consistent with trend, the most significant intrastate activity was intra-regional at 68.40 percent of all intrastate inflows and 72.87 percent of all intrastate outflows. o Putnam gained 438 households overall. The largest net inflow was from Westchester County at 1,046 households created; the largest net loss was to Dutchess County at 605 households lost (Chart 1, Table 1). See Chart 2 for income data. • The second most significant intrastate activity occurred between Putnam and the five counties of NYC at 25.24 percent of all inflows and 18.44 percent of all outflows. o As is typically the case, migratory activity with NYC resulted in the creation of 793 new households. The most important activity occurred with Bronx County at 506 households created (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 22.90 percent of all inflows and 36.79 percent of all outflows. More than 46.00 percent of all flows took place within the Northeast Region (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was insignificant at less than 1.00 percent of all inflows and all outflows. 23 17 Chart 1: Putnam County Inflow/Outflow Intra‐Regional 2009‐2014 5,881 4,238 1,211 5,443 3,192 1,816 237 213 Dutchess County Orange County 139 69 80 129 Rockland County Ulster County Total Inflow Westchester County Hudson Valley Total Outflow Chart 2: Putnam County Average AGI Intra‐Regional Migration 2009‐2014 $63,203 $53,844 $62,140 $70,575 $66,268 $42,264 Dutchess County $84,633 $71,061 $61,549 $69,076 $46,163 Orange County Rockland County Ulster County Total Inflow $67,654 Westchester County Hudson Valley Total Outflow Table 1: Putnam County Migration Activity within the Hudson Valley Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Dutchess County Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow 1,211 1,816 $74,536,000 $112,846,000 $61,549 $62,140 Orange County 213 237 $15,136,000 $12,761,000 $71,061 $53,844 Rockland County 139 69 $11,764,000 $4,361,000 $84,633 $63,203 80 129 $3,693,000 $5,452,000 $46,163 $42,264 Westchester County 4,238 3,192 $292,745,000 $225,276,000 $69,076 $70,575 Hudson Valley 5,881 5,443 $397,874,000 $360,696,000 $67,654 $66,268 Ulster County 24 18 Chart 3: Putnam County Inflow/Outflow New York City 2009‐2014 2,170 1,377 878 372 Bronx County 340 261 Kings County 518 512 422 New York County 232 12 Queens County Total Inflow ‐ Richmond County New York City Total Outflow Chart 4: Putnam County Average AGI New York City Migration 2009‐2014 $84,068 $50,677 $66,371 Bronx County $63,142 $45,674 $206,407 $56,595 $76,629 $71,796 Kings County New York County $55,750 Queens County Total Inflow 0 $102,403 Richmond County New York City Total Outflow Table 2: Putnam County Migration Activity within the New York City Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Bronx County 878 372 $58,274,000 $18,852,000 $66,371 $50,677 Kings County 340 261 $26,054,000 $11,921,000 $76,629 $45,674 New York County 518 512 $106,919,000 $43,043,000 $206,407 $84,068 Queens County 422 232 $30,298,000 $13,130,000 $71,796 $56,595 12 ‐ $669,000 $0 $55,750 NM 2,170 1,377 $222,214,000 $86,946,000 $102,403 $63,142 Richmond County New York City 25 19 Chart 5: Putnam County Inflow/Outflow Interstate 2009‐2014 1,980 1,744 1,206 816 379 165 Northeast: Region 1 534 154 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 6: Putnam County Average AGI Interstate Migration 2009‐2014 $72,507 $92,604 $92,959 $86,054 $65,503 Northeast: Region 1 $57,103 $43,602 Midwest: Region 2 South: Region 3 Total Inflow $54,609 West: Region 4 Total Outflow Table 3: Putnam County Migration Interstate Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Northeast: Region 1 Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow 1,206 1,980 $103,781,000 $143,563,000 $86,054 $72,507 Midwest: Region 2 165 154 $10,808,000 $14,261,000 $65,503 $92,604 South: Region 3 816 1,744 $35,579,000 $162,121,000 $43,602 $92,959 West: Region 4 379 534 $21,642,000 $29,161,000 $57,103 $54,609 26 20 Marist College Bureau of Economic Research Putnam County Year-over-year analysis — 2013-2014 • Year-over-year, the number of households in Putnam County increased 0.33 percent (123 households), from 37,339 in 2013 to 37,462 in 2014. • Households created internally numbered 333, while migration resulted in a net loss of 210 households. For the period, o 2,424 households moved into the county; o 2,634 households moved out of the county. • Total migratory activity resulted in a net loss of $2.4 million in adjusted gross income (AGI). • For the period, one out of every 14.2 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 57.34 percent of all inflows and 50.87 percent of all outflows • Intrastate activity accounted for 77.85 percent of all inflows and 61.12 percent of all outflows. • Consistent with trend, the most significant intrastate activity was intra-regional at 69.69 percent of all intrastate inflows and 71.49 percent of all intrastate outflows. • Intra-regional migration resulted in a net gain of 164 households. o The county gained households from Westchester (274) and Rockland (28) and lost households to Dutchess (121), Orange (5), and Ulster (12). There was no migratory activity between Putnam and Sullivan counties (Chart 7, Table 4). See Chart 8 for income data. • Migratory activity with the five counties of NYC accounted for 24.48 percent of all intrastate inflows and 19.32 percent of all intrastate outflows. o As is typically the case, migratory activity with NYC resulted in a net inflow of 151 households; more than 80.00 percent of this total migrated from Bronx County (Chart 9, Table 5). See Chart 10 for income data. • Interstate inflows accounted for 22.15 percent of all inflows and 38.00 percent of all outflows. The most important activity occurred with the Northeast Region followed closely by the Southern Region (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration was negligible at less than one percent of all inflows and as well as less than one percent of all outflows. 27 21 Chart 7: Putnam County Inflow/Outflow Intra‐Regional 2013‐2014 1,315 1,151 961 687 257 378 54 49 Dutchess County 28 Orange County 32 20 ‐ Rockland County Ulster County Total Inflow Westchester County Hudson Valley Total Outflow Chart 8: Putnam County Average AGI Intra‐Regional Migration 2013‐2014 $73,278 $99,152 Dutchess County $34,563 $97,286 $55,388 Orange County $70,581 $72,495 $0 $48,704 Rockland County Ulster County Total Inflow $78,924 $74,558 $60,750 Westchester County Hudson Valley Total Outflow Table 4: Putnam County Migration Activity within the Hudson Valley Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Dutchess County Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow 257 378 $25,482,000 $27,699,000 $99,152 $73,278 Orange County 49 54 $2,714,000 $2,630,000 $55,388 $48,704 Rockland County 28 ‐ $2,724,000 $0 $97,286 NM Ulster County 20 32 $1,215,000 $1,106,000 $60,750 $34,563 961 687 $71,650,000 $49,804,000 $74,558 $72,495 1,315 1,151 $103,785,000 $81,239,000 $78,924 $70,581 Westchester County Hudson Valley 28 22 Chart 9: Putnam County Inflow/Outflow New York City 2013‐2014 462 311 193 72 Bronx County 78 120 109 69 Kings County New York County Total Inflow 82 50 Queens County New York City Total Outflow Chart 10: Putnam County Average AGI New York City Migration 2013‐2014 $93,842 $33,188 $60,694 $58,180 $164,734 $71,187 $85,795 $66,977 $62,220 $94 Bronx County Kings County New York County Total Inflow Queens County New York City Total Outflow Table 5: Putnam County Migration Activity within the New York City Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Bronx County 193 72 $13,739,000 $4,370,000 $71,187 $60,694 Kings County 78 69 $6,692,000 $2,290,000 $85,795 $33,188 109 120 $17,956,000 $11,261,000 $164,734 $93,842 Queens County 82 50 $5,102,000 $2,909,000 $62,220 $58,180 New York City 462 311 $43,489 $20,830,000 $94 $66,977 New York County 29 23 Chart 11: Putnam County Inflow/Outflow Interstate 2013‐2014 448 393 267 175 125 35 20 Northeast: Region 1 75 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 12: Putnam County Average AGI Interstate Migration 2013‐2014 $73,743 $83,165 $58,152 $63,471 $81,293 $74,800 $59,247 $43,291 Northeast: Region 1 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Table 6: Putnam County Migration Interstate Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Northeast: Region 1 267 448 $15,819,000 $37,258,000 $59,247 $83,165 Midwest: Region 2 20 35 $1,496,000 $2,581,000 $74,800 $73,743 South: Region 3 175 393 $7,576,000 $24,944,000 $43,291 $63,471 West: Region 4 75 125 $6,097,000 $7,269,000 $81,293 $58,152 30 24 Marist College Bureau of Economic Research Rockland County Five-year analysis – 2009-2014 • During the period, the number of households in Rockland County grew at an annualized rate of 1.89 percent (8,207 households), rising from 105,609 households in 2009 to 113,816 in 2014. • Existing residents created 12,867 new households; migratory activity resulted in a net loss of 4,660 households. Over the period, • o 21,602 households moved into the county; o 26,262 households moved out of the county. Total migratory activity resulted in a net loss of $469.07 million in adjusted gross income (AGI). • On average, one out of every 20.9 households left the region. • Migratory activity with contiguous counties – both intrastate and interstate – accounted for 28.01 percent of all inflows and 26.64 percent of all outflows. • Intrastate activity accounted for 55.07 percent of all inflows and 42.57 percent of all outflows. • The most important intrastate migratory activity occurred with the five counties of NYC, accounting for 51.92 percent of all intrastate inflows and 43.54 percent of all intrastate outflows. o Migratory activity with NYC resulted in a net inflow of 1,309 households, with slightly less than 50.00 percent of all activity occurring between Rockland and Bronx and Kings counties (Chart 1, Table 1). See Chart 2 for income data. • The second most important migratory activity was intra-regional at 37.25 percent of all intrastate inflows and 43.42 percent of all intrastate outflows. o With the exception of Westchester, Rockland lost households to every county in the region. The most important loss was to Orange at 510 households (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 43.25 percent of all inflows and 55.61 percent of all outflows. More than one-half of all interstate flows occurred within the Northeast region (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration accounted for 1.96 percent of all inflows and 1.96 percent of all outflows. 31 25 Chart 1: Rockland County Inflow/Outflow New York City 2009‐2014 6,177 4,868 1,710 1,621 1,009 1,063 1,527 1,871 1,184 868 135 Bronx County Kings County New York County Queens County Total Inflow 57 Richmond County New York City Total Outflow Chart 2: Rockland County Average AGI New York City Migration 2009‐2014 $98,863 $87,228 $77,317 $48,575 $59,522 Bronx County $74,122 $47,506 $68,767 Kings County $102,525 $77,785 $63,787 New York County Queens County Total Inflow $73,795 Richmond County New York City Total Outflow Table 1: Rockland County Migration Activity within the New York City Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Bronx County 1,710 1,063 $101,783,000 $51,635,000 $59,522 $48,575 Kings County 1,621 1,009 $111,471,000 $78,013,000 $68,767 $77,317 New York County 1,527 1,871 $156,555,000 $184,973,000 $102,525 $98,863 Queens County 1,184 868 $75,524,000 $41,235,000 $63,787 $47,506 135 57 $10,501,000 $4,972,000 $77,785 $87,228 6,177 4,868 $455,834,000 $360,828,000 $73,795 $74,122 Richmond County New York City 32 26 Chart 3: Rockland County Inflow/Outflow Intra‐Regional 2009‐2014 4,432 4,854 2,400 1,890 220 267 2,007 1,761 139 69 Dutchess County Orange County 92 95 Putnam County Sullivan County Total Inflow 192 154 Ulster County Westchester County Hudson Valley Total Outflow Chart 4: Rockland County Average AGI Intra‐Regional Migration 2009‐2014 $61,491 $59,760 $83,718 $84,633 $69,507 $57,510 $38,095 $52,164 $63,634 Dutchess County $63,203 Orange County Putnam County Sullivan County Total Inflow $80,612 $47,708 $39,087 $69,683 Ulster County Westchester County Hudson Valley Total Outflow Table 2: Rockland County Migration Activity within the Hudson Valley Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Dutchess County Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow 220 267 $11,476,000 $15,956,000 $52,164 $59,760 Orange County 1,890 2,400 $120,268,000 $147,578,000 $63,634 $61,491 Putnam County 69 139 $4,361,000 $11,764,000 $63,203 $84,633 Sullivan County 92 95 $3,596,000 $3,619,000 $39,087 $38,095 Ulster County 154 192 $7,347,000 $11,042,000 $47,708 $57,510 Westchester County 2,007 1,761 $161,788,000 $147,427,000 $80,612 $83,718 Hudson Valley 4,432 4,854 $308,836,000 $337,386,000 $69,683 $69,507 33 27 Chart 5: Rockland County Inflow/Outflow Interstate 2009‐2014 7,207 5,401 5,232 2,677 Northeast: Region 1 894 659 539 Midwest: Region 2 South: Region 3 Total Inflow 1,336 West: Region 4 Total Outflow Chart 6: Rockland County Average AGI Interstate Migration 2009‐2014 $82,209 $61,944 $72,479 $69,611 $57,247 Northeast: Region 1 $53,970 $51,568 Midwest: Region 2 South: Region 3 Total Inflow $63,480 West: Region 4 Total Outflow Table 3: Rockland County Migration Interstate Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Northeast: Region 1 Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow 5,232 7,207 $379,212,000 $592,477,000 $72,479 $82,209 539 659 $30,856,000 $40,821,000 $57,247 $61,944 South: Region 3 2,677 5,401 $138,047,000 $375,971,000 $51,568 $69,611 West: Region 4 894 1,336 $48,249,000 $84,809,000 $53,970 $63,480 Midwest: Region 2 34 28 Marist College Bureau of Economic Research Rockland County Year-over-year analysis— 2013-2014 • Year-over-year, the number of households in Rockland County increased 0.96 percent (1,079 households) from 112,737 in 2013 to 113,816 in 2014. • Existing residents created 2,223 new households, while migratory activity resulted in a net loss of 1,144 households. For the period, o 4,287 households moved into the county; o 5,431 households moved out of the county. • Total migratory activity resulted in a net loss of $136.75 million in adjusted gross income (AGI). • For the period, one out of every 21.0 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 28.71 percent of all inflows and 27.45 percent of all outflows • Intrastate activity accounted for 55.98 percent of all inflows and 41.01 percent of all outflows. • The most significant intrastate activity occurred with the five counties of NYC at 52.13 percent of all intrastate inflows and 42.39 percent of all intrastate outflows. o The county gained 307 households overall. The most significant inflows came from Kings County (Brooklyn) at 154, followed by Bronx County at 106. Contrary to regional patterns, Rockland lost 57 households to New York County (Manhattan). (Chart 7, Table 4). See Chart 8 for income data. • The second most important intrastate activity was intra-regional at 36.00 percent of all intrastate inflows and 44.10 percent of all intrastate outflows. o Rockland gained households from Westchester and Dutchess, but lost households to each of the remaining four intra-regional counties. The largest single loss was to Orange County at 117 households (Chart 9, Table 5). See Chart 10 for income data. • Interstate inflows accounted for 44.67 percent of all inflows and 58.13 percent of all outflows. The most significant interstate activity occurred with the Northeast Region followed by the Southern Region (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration accounted for 0.75 percent of all inflows and 1.51 percent of all outflows. This is the highest relative level of foreign migration within the Hudson Valley Region during the one-year period. 35 29 Chart 7: Rockland County Inflow/Outflow New York City 2013‐2014 1,251 944 364 304 210 198 306 363 245 173 32 Bronx County Kings County New York County Queens County Total Inflow ‐ Richmond County New York City Total Outflow Chart 8: Rockland County Average AGI New York City Migration 2013‐2014 $92,355 $66,152 $56,822 Bronx County $69,083 $47,662 $49,607 $96,297 $67,753 Kings County $0 $84,844 $71,290 New York County Queens County Total Inflow $73,209 Richmond County New York City Total Outflow Table 4: Rockland County Migration Activity within the New York City Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Bronx County 304 198 $17,274,000 $13,098,000 $56,822 $66,152 Kings County 364 210 $24,662,000 $10,009,000 $67,753 $47,662 New York County 306 363 $29,467,000 $33,525,000 $96,297 $92,355 Queens County 245 173 $17,466,000 $8,582,000 $71,290 $49,607 32 ‐ $2,715,000 $0 $84,844 NM 1,251 944 $91,584,000 $65,214,000 $73,209 $69,083 Richmond County New York City 36 30 Chart 9: Rockland County Inflow/Outflow Intra‐Regional 2013‐2014 982 864 495 409 369 378 52 48 Dutchess County ‐ 28 25 42 Orange County Putnam County Ulster County Total Inflow Westchester County Hudson Valley Total Outflow Chart 10: Rockland County Average AGI Intra‐Regional Migration 2013‐2014 $117,759 $87,181 $69,408 $65,542 $57,981 $46,000 $97,286 $64,098 $0 Dutchess County $94,237 $77,265 Westchester County Hudson Valley $38,800 Orange County Putnam County Ulster County Total Inflow Total Outflow Table 5: Rockland County Migration Activity within the Hudson Valley Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Dutchess County Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow 52 48 $3,015,000 $3,146,000 $57,981 $65,542 Orange County 378 495 $24,229,000 $34,357,000 $64,098 $69,408 Putnam County ‐ 28 $0 $2,724,000 NM $97,286 25 42 $970,000 $1,932,000 $38,800 $46,000 Westchester County 409 369 $38,543,000 $43,453,000 $94,237 $117,759 Hudson Valley 864 982 $66,757,000 $85,612,000 $77,265 $87,181 Ulster County 37 31 Chart 11: Rockland County Inflow/Outflow Interstate 2013‐2014 1,480 1,250 1,076 539 105 Northeast: Region 1 195 141 Midwest: Region 2 South: Region 3 Total Inflow 286 West: Region 4 Total Outflow Chart 12: Rockland County Average AGI Interstate Migration 2013‐2014 $86,992 $67,362 $71,672 $50,800 Northeast: Region 1 $69,066 $82,986 $63,072 $45,334 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Table 6: Rockland County Migration Interstate Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Northeast: Region 1 Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow 1,076 1,480 $77,119,000 $128,748,000 $71,672 $86,992 Midwest: Region 2 105 141 $5,334,000 $9,498,000 $50,800 $67,362 South: Region 3 539 1,250 $24,435,000 $103,733,000 $45,334 $82,986 West: Region 4 195 286 $12,299,000 $19,753,000 $63,072 $69,066 38 32 Marist College Bureau of Economic Research Sullivan County Five-year analysis – 2009-2014 • Over the period, the number of households in Sullivan County decreased (311 households), falling from 26,779 households in 2009 to 26,468 in 2014. • Existing residents created 891 new households; migratory activity resulted in a new loss of 1,202 households. For the period, • o 7,620 households moved into the county; o 8,822 households moved out of the county. Total migratory activity resulted in a net loss of $18.31 million in adjusted gross income (AGI). • On average, one out of every 15.1 households left the county. • Migratory activity with contiguous counties – both intrastate and interstate – accounted for 37.91 percent of all inflows and 34.39 percent of all outflows. • Intrastate activity accounted for 70.26 percent of all inflows and 57.54 percent of all outflows. • Consistent with trend, migratory activity within the Hudson Valley accounted for 55.60 percent of all intrastate inflows and 58.10 percent of all intrastate outflows. o Intra-regional migration resulted in a net gain of 28 households. The largest net gain was with Ulster County at 28, followed by Westchester County at 10 (Chart 1, Table 1). See Chart 2 for income data. • Migratory activity with NYC accounted for 29.81 percent of all intrastate inflows and 20.72 percent of all intrastate outflows. As is typically the case, migratory activity with NYC resulted in a net inflow (544 households). The largest net inflow occurred with New York County at 153, followed by Kings County at 149 (Chart 3, Table 2). See Chart 4 for income data. • Interstate inflows accounted for 29.08 percent of all inflows and 41.90 percent of all outflows. Activity with the Southern Region accounted for 41.70 percent of all interstate inflows and 52.06 percent of all interstate outflows (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was insignificant at 0.66 percent of all inflows and 0.57 percent of all outflows. 39 33 Chart 1: Sullivan County Inflow/Outflow Intra‐Regional 2009‐2014 2,977 2,949 1,992 1,990 119 134 Dutchess County 95 Orange County 614 586 92 Rockland County Ulster County Total Inflow 147 157 Westchester County Hudson Valley Total Outflow Chart 2: Sullivan County Average AGI Intra‐Regional Migration 2009‐2014 $42,866 $44,448 $40,606 $37,807 Dutchess County $38,095 Orange County $53,306 $39,087 $48,344 $37,283 Rockland County Ulster County Total Inflow $41,774 $34,981 $40,137 Westchester County Hudson Valley Total Outflow Table 1: Sullivan County Migration Activity within the Hudson Valley Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Dutchess County Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow 119 134 $4,499,000 $5,956,000 1,992 1,990 $80,888,000 $85,304,000 $40,606 $42,866 95 92 $3,619,000 $3,596,000 $38,095 $39,087 Ulster County 614 586 $22,892,000 $20,499,000 $37,283 $34,981 Westchester County 157 147 $7,590,000 $7,836,000 $48,344 $53,306 2,977 2,949 $119,488,000 $123,191,000 $40,137 $41,774 Orange County Rockland County Hudson Valley 40 34 $37,807 $44,448 Chart 3: Sullivan County Inflow/Outflow New York City 2009‐2014 1,596 1,052 471 265 322 423 Bronx County 364 270 156 255 49 73 Kings County New York County Queens County Total Inflow Richmond County New York City Total Outflow Chart 4: Sullivan County Average AGI New York City Migration 2009‐2014 $71,159 $48,631 $39,398 $39,558 $39,596 Bronx County $44,584 $124,527 $64,975 $35,122 Kings County New York County Queens County Total Inflow $75,622 $64,384 $61,049 Richmond County New York City Total Outflow Table 2: Sullivan County Migration Activity within the New York City Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Bronx County 265 156 $10,493,000 $6,171,000 $39,596 $39,558 Kings County 471 322 $30,603,000 $12,686,000 $64,975 $39,398 New York County 423 270 $52,675,000 $19,213,000 $124,527 $71,159 Queens County 364 255 $22,222,000 $11,369,000 $61,049 $44,584 73 49 $4,700,000 $1,721,000 $64,384 $35,122 1,596 1,052 $120,693,000 $51,160,000 $75,622 $48,631 Richmond County New York City 41 35 Chart 5: Sullivan County Inflow/Outflow Interstate 2009‐2014 1,924 1,157 924 881 425 190 162 Northeast: Region 1 249 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 6: Sullivan County Average AGI Interstate Migration 2009‐2014 $45,221 $46,610 $32,026 $46,241 $33,500 Northeast: Region 1 $39,137 $33,436 Midwest: Region 2 South: Region 3 Total Inflow $35,784 West: Region 4 Total Outflow Table 3: Sullivan County Migration Interstate Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Northeast: Region 1 881 1,157 $40,738,000 $52,321,000 $46,241 $45,221 Midwest: Region 2 162 190 $5,427,000 $6,085,000 $33,500 $32,026 South: Region 3 924 1,924 $30,895,000 $89,677,000 $33,436 $46,610 West: Region 4 249 425 $9,745,000 $15,208,000 $39,137 $35,784 42 36 Marist College Bureau of Economic Research Sullivan County Year over year analysis 2013-2014 • The number of households in Sullivan County decreased by 360 from 26,828 in 2013 to 26,468 in 2014. • Existing residents created 110 households, 1,482 households moved into the county while 1,952 households moved out of the county. The net result was a loss of 470 households. • Total migratory activity resulted in a net loss of $11.45 million in adjusted gross income (AGI). • For the period, one out of every 13.6 households moved out of the county. • Migratory activity with contiguous counties – both intrastate and interstate – accounted for 37.18 percent of all inflows and 35.50 percent of all outflows. • Intrastate inflows totaled 71.32 percent of all inflows; 58.50 percent of all outflows were intrastate • Migratory activity within the Hudson Valley accounted for 55.44 percent of all intrastate inflows and 57.36 percent of all intrastate outflows. This finding is consistent with the five-year trend. o Intra-regional migration resulted in a net loss of 69 households. Sullivan gained households from two counties, with the greatest net inflow coming from Ulster County (15 households). There was no migratory activity between Putnam and Sullivan counties, nor Rockland and Sullivan counties. Sullivan lost households to Orange and Dutchess counties at 75 and 11 households, respectively (Chart 7, Table 4). See Chart 8 for income data. • Overall, New York City accounted for 33.40 percent of all intrastate inflows and 19.96 percent of all intrastate outflows. Migratory activity with NYC resulted in a net inflow (125 households), with the most significant net inflows coming from New York County at 96 and Bronx County at 13 (Chart 9, Table 5). See Chart 10 for income data. • Interstate inflows accounted for 28.68 percent of all inflows and 41.50 percent of all outflows (Chart 11, Table 6). See Chart 12 for income data. • There were no foreign inflows or outflows. 43 37 Chart 7: Sullivans County Inflow/Outflow Intra‐Regional 2013‐2014 655 586 461 386 145 23 130 34 32 Dutchess County Orange County Ulster County Total Inflow 30 Westchester County Hudson Valley Total Outflow Chart 8: Sullivan County Average AGI Intra‐Regional Migration 2013‐2014 $51,767 $63,000 $50,954 $48,456 $35,031 $78,125 $40,870 $46,621 $38,062 Dutchess County Orange County $42,478 Ulster County Total Inflow Westchester County Hudson Valley Total Outflow Table 4: Sullivan County Migration Activity within the Hudson Valley Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Dutchess County 23 Aggregate AGI 13‐14 Inflow 13‐14 Outflow 34 $940,000 $2,142,000 Average AGI 13‐14 13‐14 Inflow Outflow $40,870 $63,000 Orange County 386 461 $14,692,000 $23,490,000 $38,062 $50,954 Ulster County 145 130 $6,760,000 $4,554,000 $46,621 $35,031 32 30 $2,500,000 $1,553,000 $78,125 $51,767 586 655 $24,892,000 $31,739,000 $42,478 $48,456 Westchester County Hudson Valley 44 38 Chart 9: Sullivan County Inflow/Outflow New York City 2013‐2014 353 228 148 104 48 95 52 35 Bronx County Kings County New York County Total Inflow 53 46 Queens County New York City Total Outflow Chart 10: Sullivan County Average AGI New York City Migration 2013‐2014 $41,811 $57,717 $64,385 $45,857 $50,789 $108,048 $76,717 $62,811 $74,269 $33,708 Bronx County Kings County New York County Total Inflow Queens County New York City Total Outflow Table 5: Sullivan County Migration Activity within the New York City Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Bronx County 48 35 $1,618,000 $1,605,000 $33,708 $45,857 Kings County 104 95 $11,237,000 $3,972,000 $108,048 $41,811 New York County 148 52 $9,296,000 $3,348,000 $62,811 $64,385 Queens County 53 46 $4,066,000 $2,655,000 $76,717 $57,717 New York City 353 228 $26,217,000 $11,580,000 $74,269 $50,789 45 39 Chart 11: Sullivan County Inflow/Outflow Interstate 2013‐2014 437 237 172 169 87 49 38 Northeast: Region 1 46 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 12: Sullivan County Average AGI Interstate Migration 2013‐2014 $47,177 $38,575 $28,857 $59,186 $43,437 $49,237 Northeast: Region 1 $58,826 $40,716 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Table 6: Sullivan County Migration Interstate Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Northeast: Region 1 172 237 $10,180,000 $11,181,000 $59,186 $47,177 Midwest: Region 2 38 49 $1,871,000 $1,414,000 $49,237 $28,857 South: Region 3 169 437 $6,881,000 $18,982,000 $40,716 $43,437 West: Region 4 46 87 $2,706,000 $3,356,000 $58,826 $38,575 46 40 Marist College Bureau of Economic Research Ulster County Five-year analysis – 2009-2014 • During the period, the number of households in Ulster County grew at an annual rate of 0.50 percent (1,347 households), rising from 66,279 households in 2009 to 67,626 in 2014. • Existing residents created 2,783 new households, while migratory activity resulted in a net loss of 1,436 households. For the period, • o 17,777 households moved into the county; o 19,213 households moved out of the county. Total migratory activity resulted in a net loss of $77.00 million in adjusted gross income (AGI). • On average, one out of every 17.5 households left the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 40.16 percent of all inflows and 36.65 percent of all outflows. • Intrastate activity accounted for 68.48 percent of all inflows and 59.52 percent of all outflows. • Consistent with trend, migratory activity within the Hudson Valley accounted for 56.96 percent of all intrastate inflows and 58.00 percent of all intrastate outflows. o With the exception of Sullivan, Ulster gained households from every county in the region. The gain was 302 new households overall (Chart 1, Table 1). See Chart 2 for income data. • Migratory activity with NYC accounted for 20.18 percent of all intrastate inflows and 14.85 percent of all intrastate outflows. o As is typically the case, migratory activity with NYC resulted in a net inflow of 758 new households. The largest net inflow occurred with Kings County (Brooklyn) at 269 followed by New York County (Manhattan) at 248 (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 30.84 percent of all inflows and 39.57 percent of all outflows. Activity with the Southern Region accounted for slightly less than one-half of all interstate outflows (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was insignificant at less than one percent of all inflows and 0.91 percent of all outflows. 47 41 Chart 1: Ulster County Inflow/Outflow Intra‐Regional 2009‐2014 6,934 6,632 2,647 2,498 2,992 2,979 Dutchess County Orange County 129 80 192 154 Putnam County Rockland County Total Inflow 586 614 Sullivan County 388 307 Westchester County Hudson Valley Total Outflow Chart 2: Ulster County Average AGI Intra‐Regional Migration 2009‐2014 $70,023 $55,693 $43,519 $47,708 $46,163 $49,766 $37,283 $43,270 $43,392 Dutchess County Orange County $62,575 $57,510 $42,264 Putnam County Rockland County Total Inflow $44,078 $34,981 Sullivan County Westchester County Hudson Valley Total Outflow Table 1: Ulster County Migration Activity within the Hudson Valley Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Dutchess County 2,647 2,498 $114,536,000 $108,711,000 $43,270 $43,519 Orange County 2,992 2,979 $129,829,000 $165,909,000 $43,392 $55,693 Putnam County 129 80 $5,452,000 $3,693,000 $42,264 $46,163 Rockland County 192 154 $11,042,000 $7,347,000 $57,510 $47,708 Sullivan County 586 614 $20,499,000 $22,892,000 $34,981 $37,283 Westchester County 388 307 $24,279,000 $21,497,000 $62,575 $70,023 6,934 6,632 $305,637,000 $330,049,000 $44,078 $49,766 Hudson Valley 48 42 Chart 3: Ulster County Inflow/Outflow New York City 2009‐2014 2,456 1,698 879 777 300 631 508 439 341 183 Bronx County 35 61 Kings County New York County Queens County Total Inflow Richmond County New York City Total Outflow Chart 4: Ulster County Average AGI New York City Migration 2009‐2014 $102,659 $65,356 $49,589 $34,350 $45,063 Bronx County $38,959 $107,810 $58,575 $40,971 $53,875 Kings County New York County $39,262 Queens County Total Inflow Richmond County $73,226 New York City Total Outflow Table 2: Ulster County Migration Activity within the New York City Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Bronx County 300 183 Aggregate AGI 09‐14 Inflow $13,519,000 09‐14 Outflow $6,286,000 Average AGI 09‐14 09‐14 Inflow Outflow $45,063 $34,350 Kings County 777 508 $45,513,000 $25,191,000 $58,575 $49,589 New York County 879 631 $94,765,000 $64,778,000 $107,810 $102,659 Queens County 439 341 $23,651,000 $13,285,000 $53,875 $38,959 61 35 $2,395,000 $1,434,000 $39,262 $40,971 2,456 1,698 $179,843,000 $110,974,000 $73,226 $65,356 Richmond County New York City 49 43 Chart 5: Ulster County Inflow/Outflow Interstate 2009‐2014 3,739 1,793 2,260 1,999 1,280 Northeast: Region 1 890 585 539 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 6: Ulster County Average AGI Interstate Migration 2009‐2014 $48,242 $33,887 $52,489 $36,638 Northeast: Region 1 $42,890 $32,936 Midwest: Region 2 South: Region 3 Total Inflow $41,291 $42,667 West: Region 4 Total Outflow Table 3: Ulster County Migration Interstate Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Northeast: Region 1 Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow 1,793 1,999 $94,112,000 $96,436,000 $52,489 $48,242 539 585 $19,748,000 $19,824,000 $36,638 $33,887 South: Region 3 2,260 3,739 $74,436,000 $159,533,000 $32,936 $42,667 West: Region 4 890 1,280 $38,172,000 $52,852,000 $42,890 $41,291 Midwest: Region 2 50 44 Marist College Bureau of Economic Research Ulster County Year-over-year analysis — 2013-2014 • Year-over-year, the number of households in Ulster County fell 0.45 percent (308 households) from 67,934 in 2013 to 67,626 in 2014. • Existing resident created 97 households, while migratory activity resulted in a net loss of 405 households. For the period, o 3,743 households moved into the county; o 4,148 households moved out of the county. • Total migratory activity resulted in a net loss of $14.63 million in adjusted gross income (AGI). • For the period, one out of every 16.3 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 41.57 percent of all inflows and 39.03 percent of all outflows. • Intrastate migration accounted for 70.18 percent of all inflows and 61.21 percent of all outflows. • Year-over-year, intra-regional activity was consistent with the five-year trend at 58.01 percent of all intrastate inflows and 60.97 percent of all intrastate outflows. o Ulster lost 24 households overall, with the majority of all activity occurring between Ulster and Dutchess and Orange counties (Chart 7, Table 8). See Chart 4 for income data. • The second most significant intrastate activity occurred with the five counties of NYC at 19.57 percent of all intrastate inflows and 13.12 percent of all intrastate outflows. o Ulster gained 181 households overall; contrary to regional patterns, migration with Kings County (Brooklyn) and New York County (Manhattan) trumped activity with Bronx County (Chart 9, Table 5). See Chart 10 for income data. • Interstate inflows accounted for 29.09 percent of all inflows and 38.07 percent of all outflows. The most important activity occurred with the Southern Region (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration accounted for 0.72 percent of both all inflows and all outflows. 51 45 Chart 7: Ulster County Inflow/Outflow Intra‐Regional 2013‐2014 1,524 1,548 832 554 687 453 32 Dutchess County Orange County 42 20 Putnam County 130 145 25 Rockland County Total Inflow Sullivan County 79 73 Westchester County Hudson Valley Total Outflow Chart 8: Ulster County Average AGI Intra‐Regional Migration 2013‐2014 $64,932 $52,428 $45,751 $44,738 $50,407 $38,800 $46,621 $73,354 $49,022 Dutchess County $60,750 $46,000 $34,563 Orange County Putnam County Rockland County Total Inflow $47,146 $35,031 Sullivan County Westchester County Hudson Valley Total Outflow Table 4: Ulster County Migration Activity within the Hudson Valley Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Dutchess County 554 453 $24,785,000 $20,725,000 $44,738 $45,751 Orange County 687 832 $33,678,000 $43,620,000 $49,022 $52,428 Putnam County 32 20 $1,106,000 $1,215,000 $34,563 $60,750 Rockland County 42 25 $1,932,000 $970,000 $46,000 $38,800 Sullivan County 130 145 $4,554,000 $6,760,000 $35,031 $46,621 79 73 $5,795,000 $4,740,000 $73,354 $64,932 1,524 1,548 $71,850,000 $78,030,000 $47,146 $50,407 Westchester County Hudson Valley 52 46 Chart 9: Ulster County Inflow/Outflow New York City 2013‐2014 514 333 191 185 67 133 99 71 37 Bronx County Kings County New York County Total Inflow 64 Queens County New York City Total Outflow Chart 10: Ulster County Average AGI New York City Migration 2013‐2014 $105,015 $65,420 $43,121 $34,359 $36,486 $37,388 Bronx County $106,366 $69,838 Kings County New York County Total Inflow $79,290 $70,620 Queens County New York City Total Outflow Table 5: Ulster County Migration Activity within the New York City Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Bronx County 67 37 $2,505,000 $1,350,000 $37,388 $36,486 Kings County 185 99 $12,920,000 $4,269,000 $69,838 $43,121 New York County 191 133 $20,316,000 $13,967,000 $106,366 $105,015 Queens County 71 64 $5,014,000 $2,199,000 $70,620 $34,359 New York City 514 333 $40,755,000 $21,785,000 $79,290 $65,420 53 47 Chart 11: Ulster County Inflow/Outflow Interstate 2013‐2014 817 363 426 384 193 107 Northeast: Region 1 263 115 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 12: Ulster County Average AGI Interstate Migration 2013‐2014 $53,005 $45,586 $35,965 $48,105 $38,243 Northeast: Region 1 $41,166 $36,972 Midwest: Region 2 South: Region 3 Total Inflow $36,479 West: Region 4 Total Outflow Table 6: Ulster County Migration Interstate Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Northeast: Region 1 363 384 $17,462,000 $20,354,000 $48,105 $53,005 Midwest: Region 2 107 115 $4,092,000 $4,136,000 $38,243 $35,965 South: Region 3 426 817 $15,750,000 $37,244,000 $36,972 $45,586 West: Region 4 193 263 $7,945,000 $9,594,000 $41,166 $36,479 54 48 Marist College Bureau of Economic Research Westchester County Five-year analysis – 2009-2014 • During the period, the number of households in Westchester County grew at an annual rate of 2.25 percent (31,480 households), rising from 338,768 households in 2009 to 370,248 in 2014. • Existing residents created 38,806 new households, while migratory activity resulted in a net loss of 7,326 households. For the period, • o 91,608 households moved into the county; o 98,934 households moved out of the county. Total migratory activity resulted in a net loss of $1.31 billion in adjusted gross income (AGI). • On average, one out of every 18.0 households left the county. • Migratory activity with contiguous counties – both intrastate and interstate – accounted for 33.07 percent of all inflows and 28.35 percent of all outflows. • Intrastate activity accounted for 62.75 percent of all inflows and 48.51 percent of all outflows. • The most significant intrastate activity occurred between Westchester and the five counties of NYC, accounting for 74.81 percent of all intrastate inflows and 64.81 percent of all intrastate outflows. o Consistent with trend, migratory activity with NYC resulted in a net inflow (11,900 households), with the vast majority of these households migrating from Bronx County (Chart 1, Table 1). See Chart 2 for income data. • The second most important intrastate activity was intra-regional at 15.88 percent of all intrastate inflows and 24.18 percent of all intrastate outflows. o Intra-regional migration resulted in a net loss of 2,477 households. Westchester lost households to every county in the region; the most significant outflows were to Dutchess and Putnam counties at 1046 households lost and 914 households lost, respectively. (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 35.74 percent of all inflows and 49.84 percent of all outflows. The majority of all flows were within the Northeast Region at 45.41 percent of all inflows and 44.09 percent of all outflows. (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was relatively small at 1.56 percent of inflows and 2.11 percent of all outflows. This is the highest relative level of foreign migration within the Hudson Valley region. 55 49 Chart 1: Westchester County Inflow/Outflow New York City 2009‐2014 43,002 31,102 19,951 12,838 11,566 11,736 4,595 3,763 5,252 3,779 258 366 Bronx County Kings County New York County Queens County Total Inflow Richmond County New York City Total Outflow Chart 2: Westchester County Average AGI New York City Migration 2009‐2014 $212,779 $54,536 $40,305 $51,139 Bronx County $107,840 $206,877 $53,177 $94,419 Kings County $75,391 New York County $73,754 Queens County Total Inflow $53,605 Richmond County $105,413 New York City Total Outflow Table 1: Westchester County Migration Activity within the New York City Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow 09‐14 Inflow Bronx County 19,951 11,736 $1,020,268,000 $473,021,000 $51,139 $40,305 Kings County 4,595 3,763 $433,856,000 $205,219,000 $94,419 $54,536 12,838 11,566 $2,655,890,000 $2,461,001,000 $206,877 $212,779 5,252 3,779 $395,951,000 $200,954,000 $75,391 $53,177 366 258 $26,994,000 $13,830,000 $73,754 $53,605 43,002 31,102 $4,532,959,000 $3,354,025,000 $105,413 $107,840 New York County Queens County Richmond County New York City Aggregate AGI 56 50 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Chart 3: Westchester County Inflow/Outflow Intra‐Regional 2009‐2014 11,603 9,126 2,367 3,281 Dutchess County 3,192 4,238 1,761 2,007 1,352 1,532 Orange County 307 388 147 157 Putnam County Rockland County Total Inflow Sullivan County Ulster County Hudson Valley Total Outflow Chart 4: Westchester County Average AGI Intra‐Regional Migration 2009‐2014 $71,457 $64,262 $80,612 $69,076 $62,575 $70,611 $48,344 $63,939 Dutchess County $83,718 $70,575 $59,611 Orange County Putnam County Rockland County Total Inflow $70,023 $53,306 Sullivan County $69,469 Ulster County Hudson Valley Total Outflow Table 2: Westchester County Migration Activity within the Hudson Valley Inflows and Outflows 2009‐2014 Households 09‐14 09‐14 Inflow Outflow Aggregate AGI 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow Dutchess County 2,367 3,281 $151,344,000 $234,449,000 $63,939 $71,457 Orange County 1,352 1,532 $80,594,000 $98,450,000 $59,611 $64,262 Putnam County 3,192 4,238 $225,276,000 $292,745,000 $70,575 $69,076 Rockland County 1,761 2,007 $147,427,000 $161,788,000 $83,718 $80,612 Sullivan County 147 157 $7,836,000 $7,590,000 $53,306 $48,344 Ulster County 307 388 $21,497,000 $24,279,000 $70,023 $62,575 Hudson Valley 9,126 11,603 $633,974,000 $819,301,000 $69,469 $70,611 57 51 Chart 5: Westchester County Inflow/Outflow Interstate 2009‐2014 21,740 18,728 14,870 11,135 6,007 2,611 Northeast: Region 1 4,128 2,830 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 6: Westchester County Average AGI Interstate Migration 2009‐2014 $121,678 $97,780 $110,658 $96,275 $105,969 $100,199 Northeast: Region 1 $101,946 $75,299 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Table 3: Westchester County Migration Interstate Inflows and Outflows 2009‐2014 Northeast: Region 1 Midwest: Region 2 Households 09‐14 09‐14 Inflow Outflow 09‐14 Inflow 09‐14 Outflow Average AGI 09‐14 09‐14 Inflow Outflow 14,870 $1,489,965,000 $2,405,712,000 $100,199 21,740 Aggregate AGI $110,658 2,611 2,830 $276,685,000 $276,716,000 $105,969 $97,780 South: Region 3 11,135 18,728 $838,449,000 $1,803,040,000 $75,299 $96,275 West: Region 4 4,128 6,007 $420,832,000 $730,917,000 $101,946 $121,678 58 52 Marist College Bureau of Economic Research Westchester County Year-over-year analysis— 2013-2014 • Year-over-year, the number of households in Westchester County increased 1.08 percent (3,941) from 366,307 in 2013 to 370,248 in 2014. • Exsisting residents created 5,985 households, while migratory activity resulted in a net loss of 2,044 households. For the period, o 18,758 households moved into the county; o 20,802 households moved out of the county. • Total migratory activity resulted in a net loss of $244.88 million in adjusted gross income (AGI). • On average, one out of every 17.8 households left the county. • Migratory activity with contiguous counties—both intrastate and interstate — accounted for 33.15 percent of all inflows and 29.76 percent of all outflows. • Intrastate activity accounted for 64.00 percent of all inflows and 48.07 percent of all outflows. • The most significant intrastate activity occurred between Westchester and the five counties of NYC, accounting for 74.80 percent of all intrastate inflows and 64.24 percent of all intrastate outflows. o Consistent with trend, migratory activity with NYC resulted in a net inflow (2,557 households) with the majority of these households coming from Bronx County (Chart 7, Table 4). See Chart 8 for income data. • Migratory activity within the Hudson Valley accounted for 16.16 percent of all intrastate inflows and 24.81 percent of all intrastate outflows. o Consistent with trend, intra-regional migration resulted in a net loss of 541 households. Westchester lost households to every county in the region, with the most important losses occurring with Putnam County at 274 households followed by Dutchess at 160 households (Chart 9, Table 5). See Chart 10 for income data. • Interstate inflows accounted for 34.98 percent of all inflows and 52.46 percent of all outflows. The majority of all flows were within the Northeast Region (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration was insignificant at 1.23 percent of all inflows and 1.64 percent of all outflows. 59 53 Chart 7: Westchester County Inflow/Outflow New York City 2013‐2014 8,980 6,423 3,958 2,813 2,376 2,374 1,038 Bronx County 1,095 796 822 Kings County New York County 76 Queens County Total Inflow 55 Richmond County New York City Total Outflow Chart 8: Westchester County Average AGI New York City Migration 2013‐2014 $226,379 $63,819 $42,683 $52,801 Bronx County $114,838 $248,100 $53,899 $108,470 $55,145 $87,900 Kings County New York County $87,342 Queens County Total Inflow Richmond County $124,985 New York City Total Outflow Table 4: Westchester County Migration Activity within the New York City Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Bronx County 3,958 2,374 $208,985,000 $101,330,000 $52,801 $42,683 Kings County 1,038 822 $112,592,000 $52,459,000 $108,470 $63,819 New York County 2,813 2,376 $697,904,000 $537,876,000 $248,100 $226,379 Queens County 1,095 796 $96,250,000 $42,904,000 $87,900 $53,899 76 55 $6,638,000 $3,033,000 $87,342 $55,145 8,980 6,423 $1,122,369,000 $737,602,000 $124,985 $114,838 Richmond County New York City 60 54 Chart 9: Westchester County Inflow/Outflow Intra‐Regional 2013‐2014 2,481 1,940 961 505 687 665 369 409 335 276 30 Dutchess County Orange County Putnam County Rockland County Total Inflow 73 32 Sullivan County 79 Ulster County Hudson Valley Total Outflow Chart 10: Westchester County Average AGI Intra‐Regional Migration 2013‐2014 $94,237 $71,063 $68,095 $69,297 $117,759 Orange County Putnam County Rockland County Total Inflow $78,512 $64,932 $51,767 Sullivan County $75,605 $73,354 $78,125 $72,495 $64,377 Dutchess County $74,558 Ulster County Hudson Valley Total Outflow Table 5: Westchester County Migration Activity within the Hudson Valley Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow Dutchess County 505 665 $34,995,000 $45,283,000 $69,297 $68,095 Orange County 276 335 $17,768,000 $23,806,000 $64,377 $71,063 Putnam County 687 961 $49,804,000 $71,650,000 $72,495 $74,558 Rockland County 369 409 $43,453,000 $38,543,000 $117,759 $94,237 Sullivan County 30 32 $1,553,000 $2,500,000 $51,767 $78,125 Ulster County 73 79 $4,740,000 $5,795,000 $64,932 $73,354 Hudson Valley 1,940 2,481 $152,313,000 $187,577,000 $78,512 $75,605 61 55 Chart 11: Westchester County Inflow/Outflow Interstate 2013‐2014 4,821 4,155 3,066 2,174 1,377 559 485 Northeast: Region 1 837 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 12: Westchester County Average AGI Interstate Migration 2013‐2014 $103,054 $120,838 $115,066 $111,022 $129,823 $106,528 $121,877 $86,011 Northeast: Region 1 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Table 6: Westchester County Migration Interstate Inflows and Outflows 2013‐2014 Households 13‐14 13‐14 Inflow Outflow Northeast: Region 1 Aggregate AGI 13‐14 Inflow 13‐14 Outflow Average AGI 13‐14 13‐14 Inflow Outflow 3,066 4,821 $326,615,000 $582,561,000 $106,528 $120,838 485 559 $62,964,000 $57,607,000 $129,823 $103,054 South: Region 3 2,174 4,155 $186,989,000 $461,298,000 $86,011 $111,022 West: Region 4 837 1,377 $102,011,000 $158,446,000 $121,877 $115,066 Midwest: Region 2 62 56