Marist College Bureau Of Economic Research MIGRATION REPORT of the HUDSON VALLEY 2007-2012 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 Hudson Valley Migration Five-Year Summary —2007-2012 • Over the five-year period, migratory activity across the Hudson Valley resulted in a net loss of 21,517 households. • The region lost 36,615 households to interstate migration; intrastate migration resulted in a net gain of 15,010 households. • On average, one out of every 18.1 households left the region. The ratio of migrants to non-migrants ranged from a high of 1:15.5 in Putnam to a low of 1:20.8 in Rockland. • Total migratory activity resulted in a net loss of $991.47 million in adjusted gross income (AGI). • In all cases, intrastate migratory activity exceeded that of interstate migratory activity. • Putnam County experienced the highest level of intrastate migration at 77.27 percent of all inflows and 62.78 percent of all outflows. Rockland the lowest, at 55.21 percent and 43.63 percent, respectively. • Consistent with trend, the largest net inflow (17,417) came from New York City (NYC) with the majority of these households migrating from Bronx County (The Bronx). • In both Rockland and Westchester the most important migratory activity occurred with NYC. Across the balance of the region, the most important was intra-regional. • A non-trivial migratory activity with contiguous counties—interstate and intrastate—is a strong indicator that an important level of migratory activity was due to a reason other than a change in employment. • Putnam County was the most likely to experience migratory activity with a contiguous county while Rockland and Dutchess were the least likely. • 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. o Outbound migration to the Southern Region as a percent of all interstate migration was the highest in Sullivan followed by Orange and Ulster. o Northeast Regional migration as a percent of all interstate migration was the highest in Rockland County at more than one-half of both inflows and outflows. Marist College Bureau of Economic Research In New York State Out In Hudson Valley Out In New York City Out In Contiguous Counties Out In Different State Out In All Migration Out Hudson Valley Westchester Ulster Sullivan Rockland Putnam Orange Flow Area Dutchess Summary 5-year Migration 2007-2012 17,306 15,197 20,443 17,676 8,233 7,273 11,566 11,200 5,329 4,947 11,918 11,087 53,491 45,896 128,286 113,276 10,286 8,204 10,653 10,245 5,614 5,291 4,432 5,005 3,100 2,850 6,819 6,236 8,642 11,715 49,546 49,546 4,088 3,096 7,399 4,503 2,088 1,331 5,906 4,810 1,434 1,039 2,305 1,672 39,758 29,110 62,978 45,561 7,720 7,483 13,153 11,723 5,852 6,001 5,893 6,893 2,964 2,902 6,989 6,692 28,805 26,196 71,376 67,890 8,392 12,798 14,511 21,397 2,367 4,221 8,913 13,993 2,188 3,569 5,079 7,411 30,695 45,371 72,145 108,760 26,222 28,365 35,452 39,652 10,655 11,585 20,950 25,672 7,569 8,589 17,190 18,667 86,474 93,499 204,512 226,029 Summary 5-year Migration 2007-2012: Percent of Totals Putnam Rockland Sullivan Ulster Westchester New York State Percent of ALL 66.00% 57.66% 77.27% 55.21% 70.41% 69.33% 61.86% 62.73% Out 53.58% 44.58% 62.78% 43.63% 57.60% 59.39% 49.09% 50.12% In 59.44% 52.11% 68.19% 38.32% 58.17% 57.22% 16.16% Hudson Valley Percent of State 38.62% Out 53.98% 57.96% 72.75% 44.69% 57.61% 56.25% 25.53% 43.74% New York City Percent of State In 23.62% 36.19% 25.36% 51.06% 26.91% 19.34% 74.33% 49.09% Out 20.37% 25.48% 18.30% 42.95% 21.00% 15.08% 63.43% 40.22% In 29.44% 37.10% 54.92% 28.13% 39.16% 40.66% 33.31% Contiguous Counties Percent of ALL 34.90% Out 26.38% 29.56% 51.80% 26.85% 33.79% 35.85% 28.02% 30.04% In 32.00% 40.93% 22.21% 42.54% 28.91% 29.55% 35.50% Different State Percent of All 35.28% Out 45.12% 53.96% 36.44% 54.51% 41.55% 39.70% 48.53% 48.12% Hudson Valley Orange In Flow Dutchess Area Marist College Bureau of Economic Research Northeast Out In Midwest Southern Out In West Out In Different State Out Hudson Valley Westchester Ulster Sullivan Rockland Putnam 3,035 5,822 1,100 4,951 872 1,690 13,982 31,452 4,151 6,643 1,975 7,041 1,131 2,047 20,186 43,174 815 1,309 166 587 151 494 2,455 5,977 Out In Orange In Dutchess Area Flow Summary 5-Year Interstate Migration by Region 2007-2012 925 1,662 175 601 191 570 2,690 6,814 3,190 5,583 765 2,511 929 2,077 10,308 25,363 5,894 10,431 1,572 4,998 1,852 3,604 17,104 45,455 1,352 1,797 336 864 236 818 3,950 9,353 1,828 2,661 499 1,353 395 1,190 5,391 13,317 8,392 14,511 2,367 8,913 2,188 5,079 30,695 72,145 12,798 21,397 4,221 13,993 3,569 7,411 45,371 108,760 West In Out In Out In Out Westchester Rockland 40.12% 46.47% 55.55% 39.85% 33.27% 45.55% 43.60% 32.43% 31.05% 46.79% 50.32% 31.69% 27.62% 44.49% 39.70% 9.71% 9.02% 7.01% 6.59% 6.90% 9.73% 8.00% 8.28% 7.23% 7.77% 4.15% 4.30% 5.35% 7.69% 5.93% 6.27% 38.01% 38.47% 32.32% 28.17% 42.46% 40.89% 33.58% 35.16% 46.05% 48.75% 37.24% 35.72% 51.89% 48.63% 37.70% 41.79% 16.11% 12.38% 14.20% 9.69% 10.79% 16.11% 12.87% 12.96% 14.28% 12.44% 11.82% 9.67% 11.07% 16.06% 11.88% 12.24% Hudson Valley 36.17% Putnam Ulster Southern Out Sullivan Midwest In Orange Northeast Dutchess Area Flow Summary 5-Year Interstate Migration By Region 2007-2012: Percent of Interstate Migration Marist College Bureau of Economic Research Hudson Valley Migration Year-over-Year Summary —2011-2012 • Year-over-year, migratory activity across the Hudson Valley resulted in a net loss of 5,955 households. • The region lost 8,081 households to interstate migration while intrastate migration resulted in a net gain of 2,535 households. • On average, one out of every 16.8 households left the region. The ratio of migrants to non-migrants ranged from a high of 1:14.6 in Sullivan to a low of 1:18.8 in Rockland. • More than 40 Percent ($411.38 million) of the five-year loss in AGI occurred in the 2011-2012 period). • In all cases, intrastate migratory activity exceeded that of interstate migratory activity. • Putnam County experienced the highest level of intrastate migration at 75.29 percent of all inflows and 62.00 percent of all outflows. Rockland the lowest, at 52.87 percent and 40.40 percent, respectively. • Consistent with trend, the largest net inflow (2,853) came from New York City (NYC) with the majority of these households migrating from Bronx County (The Bronx). • In both Rockland County and Westchester County, the most important source of migratory inflows was the five counties of NYC. • The non-trivial migratory activity with contiguous counties—interstate and intrastate—is a strong indicator that an important level of region-wide migratory activity was due to a reason other than a change in employment. • Within the region, Putnam County was the most likely to experience migratory activity with a contiguous county while Rockland and Dutchess were the least likely. • With the exception of Rockland and Westchester, the most important source of new household creation was intra-regional. • 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. • Northeast Regional migration as a percent of all interstate migration was the highest in Rockland County. Marist College Bureau of Economic Research Outbound migration to the Southern Region was the highest in Sullivan followed by Ulster at more than one-half of all interstate outflows, each. In Out In Out In Out In Out In Out In Out New York State Hudson Valley New York City Contiguous Counties Different State All Migration 3,464 3,287 1,975 1,704 869 686 1,577 1,625 1,786 2,733 5,296 6,121 4,072 3,791 2,194 2,252 1,411 999 2,670 2,554 2,881 4,385 7,058 8,276 1,703 1,493 1,151 1,063 441 300 1,209 1,214 539 888 2,262 2,408 2,475 2,407 942 961 1,272 1,137 1,303 1,408 2,100 3,366 4,681 5,958 1,182 1,090 688 619 318 257 679 639 508 743 1,704 1,844 2,492 2,428 1,439 1,387 512 423 1,504 1,464 1,186 1,601 3,723 4,074 12,174 10,531 1,875 2,278 8,978 7,146 6,308 6,074 7,409 10,774 19,950 21,948 Hudson Valley Westchester Ulster Sullivan Rockland Putnam Flow Orange Area Dutchess Summary 1-Year Migration 2011-2012: 27,562 25,027 10,264 10,264 13,801 10,948 15,250 14,978 16,409 24,490 44,674 50,629 Putnam Sullivan Ulster Westchester 65.41% 57.69% 75.29% 52.87% 69.37% 66.94% 61.02% 61.70% 53.70% 45.81% 62.00% 40.40% 59.11% 59.60% 47.98% 49.43% 57.02% 53.88% 67.59% 38.06% 58.21% 57.74% 15.40% 37.24% 51.84% 59.40% 71.20% 39.93% 56.79% 57.13% 21.63% 41.01% 25.09% 34.65% 25.90% 51.39% 26.90% 20.55% 73.75% 50.07% 20.87% 26.35% 20.09% 47.24% 23.58% 17.42% 67.86% 43.74% 29.78% 37.83% 53.45% 27.84% 39.85% 40.40% 31.62% 34.14% 26.55% 30.86% 50.42% 23.63% 34.65% 35.94% 27.67% 29.58% 33.72% 40.82% 23.83% 44.86% 29.81% 31.86% 37.14% 36.73% 44.65% 52.98% 36.88% 56.50% 40.29% 39.30% 49.09% 48.37% Rockland Orange In Out Hudson Valley In Percent of State Out New York City In Percent of State Out Contiguous Counties In Percent of ALL Out Different State In Percent of All Out Dutchess Area New York State Percent of ALL Hudson Valley Summary 1-Year Migration 2011-2012: Percent of Interstate Migration Flow • Marist College Bureau of Economic Research Northeast In 672 893 179 210 665 1,253 270 377 1,786 2,733 Out Midwest In Out Southern In Out West In Out Different State In Out 1,166 1,350 200 329 1,152 2,142 363 564 2,881 4,385 228 396 34 30 200 351 77 111 539 888 1,184 1,637 99 166 623 1,264 194 299 2,100 3,366 Hudson Valley Westchester Ulster Sullivan Rockland Putnam Orange Flow Area Dutchess Summary 1-Year Interstate By Region Migration Summary 2011-2012 204 365 3,312 241 417 4,715 35 103 529 31 135 739 215 518 2,671 373 802 4,041 54 200 897 98 247 1,279 508 1,186 7,409 743 1,601 10,774 7,131 9,649 1,179 1,640 6,044 10,226 2,055 2,975 16,409 24,490 Midwest Southern West In Out In Out In Out In Out Hudson Valley Westchester Ulster Sullivan Rockland Putnam Orange Flow Northeast Dutchess Summary 1-Year Interstate Migration by Region 2011-2012: Percent of Interstate Migration Area 37.63% 40.47% 42.30% 56.38% 40.16% 30.78% 44.70% 43.46% 32.67% 30.79% 44.59% 48.63% 32.44% 26.05% 43.76% 39.40% 10.02% 6.94% 6.31% 4.71% 6.89% 8.68% 7.14% 7.19% 7.68% 7.50% 3.38% 4.93% 4.17% 8.43% 6.86% 6.70% 37.23% 39.99% 37.11% 29.67% 42.32% 43.68% 36.05% 36.83% 45.85% 48.85% 39.53% 37.55% 50.20% 50.09% 37.51% 41.76% 15.12% 12.60% 14.29% 9.24% 10.63% 16.86% 12.11% 12.52% 13.79% 12.86% 12.50% 8.88% 13.19% 15.43% 11.87% 12.15% Marist College Bureau of Economic Research Dutchess County Five-year analysis — 2007-2012 • During the period, the number of households in Dutchess County increased at an annualized rate of less than 1.00 percent (4,123 households), rising from 104,606 households in 2007 to 108,729 in 2012. • Existing residents created 6,266 new households; migratory activity resulted in a net loss of 2,143 households. For the period, o 26,222 households moved into the county; o 28,365 households moved out of the county. • On average, one out of every 18.8 households left the region. • Total migratory activity resulted in a net loss of $45.29 million in adjusted gross income (AGI). • Migratory activity among contiguous counties — both intrastate and interstate — accounted for 29.44 percent of all inflows and 26.38 percent of all outflows. • Intrastate activity constituted 66.00 percent of all inflows and 53.58 percent of all outflows. • Consistent with trend, the most significant intrastate activity was intra-regional at 59.44 percent of all intrastate inflows and 53.98 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 1,231 households, followed by Putnam County at 765 households (Chart 1, Table 1). See Chart 2 for income data. • Migratory activity with the five counties of New York City (NYC) represented 23.62 percent of all intrastate inflows and 20.37 percent of all intrastate outflows. o Consistent with trend, migratory activity with NYC resulted in a net inflow of 992 households, with 32.51 percent of inflows migrating from Bronx County and 25.12 percent from New York County (Manhattan; see Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 32.00 percent of all inflows and 45.12 percent of all outflows. More than one-third of all interstate flows were within the Northeast Region (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was relatively small at 2.0 percent of all inflows and 1.30 percent of all outflows. Chart 1: Dutchess County Inflow/Outflow Intra‐Regional 2007‐2012 10,286 8,204 3,451 1,890 1,980 1,802 Orange County 2,568 1,125 Putnam County 127 270 217 Rockland County 2,722 2,220 118 Sullivan County Total Inflow Ulster County Westchester County Hudson Valley Total Outflow Chart 2: Dutchess County Average AGI Intra‐Regional Migration 2007‐2012 $62,144 $50,551 $52,618 $49,500 $44,567 $45,611 Orange County $42,090 $42,169 $59,478 $58,406 Putnam County Rockland County Sullivan County Total Inflow $69,313 $43,052 $40,213 Ulster County Westchester County 07‐12 Outflow Hudson Valley Total Outflow Table 1: Dutchess County Migration Activity within the Hudson Valley Inflows and Outflows 2007‐2012 Households Aggregate AGI 07‐12 Inflow $55,573 07‐12 Inflow 07‐12 Outflow Average AGI 07‐12 Inflow 07‐12 Outflow Orange County 1,980 1,802 $90,310,000 $80,310,000 $45,611 $44,567 Putnam County 1,890 1,125 $110,387,000 $56,870,000 $58,406 $50,551 Rockland County 270 217 $16,059,000 $11,418,000 $59,478 $52,618 Sullivan County 127 118 $5,107,000 $4,976,000 $40,213 $42,169 Ulster County 2,568 2,722 $110,558,000 $114,568,000 $43,052 $42,090 Westchester County 3,451 2,220 $239,199,000 $137,959,000 $69,313 $62,144 10,286 8,204 $571,620,000 $406,101,000 $55,573 $49,500 Hudson Valley Chart 3: Dutchess County Inflow/Outflow New York City 2007‐2012 4,088 3,096 1,329 660 823 1,027 1,015 705 814 675 41 95 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 2007‐2012 $76,787 $52,006 $43,285 $36,871 $118,620 $58,567 $52,199 Bronx County $45,902 $39,019 $54,296 Kings County New York County Queens County Total Inflow $70,596 $52,663 Richmond County New York City Total Outflow Table 2: Dutchess County Migration Activity within the New York City Inflows and Outflows 2007‐2012 Households 07‐12 Inflow Aggregate AGI 07‐12 Outflow 07‐12 Inflow 07‐12 Outflow Average AGI 07‐12 Inflow 07‐12 Outflow Bronx County 1,329 660 $69,373,000 $24,335,000 $52,199 $36,871 Kings County 823 705 $48,201,000 $30,516,000 $58,567 $43,285 1,027 1,015 $121,823,000 $77,939,000 $118,620 $76,787 814 675 $44,197,000 $26,338,000 $54,296 $39,019 95 41 $5,003,000 $1,882,000 $52,663 $45,902 4,088 3,096 $288,597,000 $161,010,000 $70,596 $52,006 New York County Queens County Richmond County New York City Chart 5: Dutchess County Inflow/Outflow Interstate 2007‐2012 5,894 4,151 3,190 3,035 815 Northeast: Region 1 1,352 925 Midwest: Region 2 Total Inflow South: Region 3 1,828 West: Region 4 Total Outflow Chart 6 :Dutchess County Average AGI Interstate Migration 2007‐2012 $56,292 $48,621 $56,476 Northeast: Region 1 $43,968 $48,345 $41,425 Midwest: Region 2 Total Inflow $50,429 $52,529 South: Region 3 West: Region 4 Total Outflow Table 3: Dutchess County Migration Interstate Inflows and Outflows 2007‐2012 Northeast: Region 1 Households 07‐12 07‐12 Inflow Outflow Aggregate AGI 07‐12 Inflow 07‐12 Outflow Average AGI 07‐12 07‐12 Inflow Outflow 3,035 4,151 $171,405,000 $233,668,000 $56,476 $56,292 815 925 $35,834,000 $44,974,000 $43,968 $48,621 South: Region 3 3,190 5,894 $132,147,000 $309,603,000 $41,425 $52,529 West: Region 4 1,352 1,828 $65,363,000 $92,185,000 $48,345 $50,429 Midwest: Region 2 Marist College Bureau of Economic Research Dutchess County Year-over-year analysis — 2011-2012 • Year-over-year, the number of households in Dutchess County increased 2.67 percent (2,827 households), from 105,902 in 2011 to 108,729 in 2012. • Existing residents created 3,652 new households, while migration resulted in a net loss of 825 households. For the period, • o 5,296 households moved into the county; o 6,121 households moved out of the county. More than 80.00 percent ($37.08 million) of the five-year loss in adjusted gross income (AGI) occurred in 2011-2012. • Overall, one out of every 17.8 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 29.78 percent of all inflows and 26.55 percent of all outflows. • Intrastate activity accounted for the majority of all migratory activity at 65.41 percent of all inflows and 53.70 percent of all outflows. • The most important migratory activity occurred within the Hudson Valley at 57.02 percent of all intrastate inflows and 51.84 percent of all intrastate outflows. This finding is consistent with trend. o With the exception of Ulster and Sullivan, Dutchess gained households from all counties in the region. The largest net inflow occurred with Westchester at 134 households, followed by Putnam at 96 households (Chart 7, Table 4). See Chart 8 for income data. • The second most important migratory activity occurred with the five counties of NYC, at 25.09 percent of all intrastate inflows and 20.87 percent of all intrastate outflows. o As is typically the case, migratory activity with NYC resulted in a net inflow (183 households), with the majority of these households migrating from Bronx County (Chart 9, Table 5). See Chart 10 for income data. • Interstate activity accounted for 33.72 percent of all inflows and 44.65 percent of all outflows. Consistent with the five-year trend, the majority of interstate flows were within 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 1.65 percent of all outflows. Chart 7:Dutchess County Inflow/Outflow Intra‐Regional 2011‐2012 1,975 1,704 407 344 347 514 545 251 57 43 629 495 26 21 Orange County Putnam County Rockland County Sullivan County Total Inflow Ulster County Westchester County Hudson Valley Total Outflow Chart 8: Dutchess County Average AGI Intra‐Regional Migration 2011‐2012 $60,479 $50,020 $48,209 $49,204 $45,038 $44,771 Orange County $40,769 $80,456 $61,351 $61,190 Putnam County $41,699 Rockland County Sullivan County Total Inflow $59,288 $44,123 $40,714 Ulster County Westchester County Hudson Valley Total Outflow Table 4: Dutchess County Migration Activity within the Hudson Valley Inflows and Outflows 2011‐2012 Orange County Putnam County Rockland County Sullivan County Ulster County Westchester County Hudson Valley Households 11‐12 11‐12 Inflow Outflow 407 344 347 251 57 43 21 26 514 545 629 495 1,975 1,704 Aggregate AGI 11‐12 11‐12 Inflow Outflow $18,222,000 $15,493,000 $21,233,000 $12,555,000 $3,497,000 $2,073,000 $855,000 $1,060,000 $22,679,000 $22,726,000 $50,607,000 $29,937,000 $117,093,000 $83,844,000 Average AGI 11‐12 11‐12 Inflow Outflow $44,771 $45,038 $61,190 $50,020 $61,351 $48,209 $40,714 $40,769 $44,123 $41,699 $80,456 $60,479 $59,288 $49,204 Chart 9: Dutchess County Inflow/Outflow New York City 2011‐2012 869 686 225 254 189 149 159 237 176 141 25 Bronx County Kings County New York County Queens County Total Inflow Total Outflow ‐ Richmond County New York City Chart 10: Dutchess County Average AGI New York City Migration 2011‐2012 $75,059 $58,456 $66,933 $44,582 $38,069 $107,756 $0 $59,794 $49,213 Bronx County Kings County New York County Total Inflow $68,944 $50,494 $51,240 Queens County Richmond County New York City Total Outflow Table 5: Dutchess County Migration Activity within the New York City Inflows and Outflows 2011‐2012 Households 11‐12 11‐12 Inflow Outflow Aggregate AGI 11‐12 11‐12 Inflow Outflow Average AGI 11‐12 Inflow 11‐12 Outflow Bronx County 225 159 $11,073,000 $6,053,000 $49,213 $38,069 Kings County 189 149 $11,301,000 $9,973,000 $59,794 $66,933 New York County 254 237 $27,370,000 $17,789,000 $107,756 $75,059 Queens County 176 141 $8,887,000 $6,286,000 $50,494 $44,582 Richmond County New York City 25 869 ‐ 686 $1,281,000 $0 $51,240 NM $59,912,000 $40,101,000 $68,944 $58,456 Chart 11: Dutchess County Inflow/Outflow Interstate 2011‐2012 1,253 893 672 665 377 179 Northeast: Region 1 270 210 Midwest: Region 2 Total Inflow South: Region 3 West: Region 4 Total Outflow Chart 12: Dutchess County Average AGI Interstate Migration 2011‐2012 $56,887 $51,771 $63,034 $52,542 $58,372 $51,022 Northeast: Region 1 Midwest: Region 2 $49,356 $40,502 Total Inflow South: Region 3 West: Region 4 Total Outflow Table 6: Dutchess County Migration Interstate Inflows and Outflows 2011‐2012 Households 11‐12 11‐12 Inflow Outflow Northeast: Region 1 672 893 Midwest: Region 2 179 South: Region 3 665 West: Region 4 270 377 11‐12 Inflow Aggregate AGI 11‐12 Outflow Average AGI 11‐12 11‐12 Inflow Outflow $39,226,000 $50,800,000 $58,372 $56,887 210 $9,133,000 $10,872,000 $51,022 $51,771 1,253 $26,934,000 $65,835,000 $40,502 $52,542 $13,326,000 $23,764,000 $49,356 $63,034 Marist College Bureau of Economic Research Orange County Five-year analysis — 2007-2012 • During the period, the number of households in Orange County increased at an annualized rate of 1.29 percent (6,717 households), rising from 127,935 households in 2007 to 134,652 in 2012. • Existing residents created 10,917 new households; migratory activity resulted in a net loss of 4,200 households. o 35,452 households moved into the county. o 39,652 households moved out of the county. • Total migratory activity resulted in a net loss of $109.95 million in adjusted gross income (AGI). • On average, one out of every 16.6 households left the region. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 37.10 percent of all inflows and 29.56 percent of all outflows. • Intrastate activity accounted for 57.66 percent of all inflows and 44.58 percent of all outflows. • Consistent with trend, the most significant intrastate activity was intra-regional at 52.11 percent of all intrastate inflows and 57.96 percent of all intrastate outflows. o Orange gained households from Rockland, Westchester, and Putnam counties. As is typically the case, the largest net inflow occurred with Rockland at 697, followed by Westchester at 312 households. Orange lost 237 households to Ulster, 216 to Sullivan, and 178 to Dutchess (Chart 1, Table 1). See Chart 2 for income data. • Migratory activity with the five counties of NYC accounted for 36.19 percent of all intrastate inflows and 25.48 percent of all intrastate outflows. o Consistent with trend, migratory activity with NYC resulted in a net inflow of 2,896 households. The most significant activity occurred between Orange and Bronx County at more than 56.00 percent of the net inflow (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity represented 40.93 percent of all inflows and 53.96 percent of all outflows. Slightly more than one-quarter 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 1.40 percent of all inflows and 1.46 percent of all outflows Chart 1: Orange County Inflow/Outflow Intra‐Regional 2007‐2012 10,245 10,653 1,802 1,980 Dutchess County 1,901 2,553 1,856 223 193 Putnam County Rockland County 2,117 Sullivan County Total Inflow 2,571 2,808 1,603 1,291 Ulster County Westchester County Hudson Valley Total Outflow Chart 2: Orange County Average AGI Intra‐Regional Migration 2007‐2012 $56,036 $54,871 $56,331 $45,611 $44,567 Dutchess County $41,630 $56,839 Putnam County $59,330 Rockland County $39,583 $40,525 Sullivan County Total Inflow $47,259 $42,565 $60,822 Ulster County Westchester County $48,943 Hudson Valley Total Outflow Table 1: Orange County Migration Activity within the Hudson Valley Inflows and Outflows 2007‐2012 Households Aggregate AGI Average AGI 07‐12 07‐12 07‐12 07‐12 07‐12 07‐12 Inflow Outflow Inflow Outflow Inflow Outflow Dutchess County 1,802 1,980 $80,310,000 $90,310,000 $44,567 $45,611 Putnam County 223 193 $12,675,000 $10,815,000 $56,839 $56,036 Rockland County 2,553 1,856 $151,469,000 $104,551,000 $59,330 $56,331 Sullivan County 1,901 2,117 $75,247,000 $88,130,000 $39,583 $41,630 Ulster County 2,571 2,808 $104,189,000 $119,522,000 $40,525 $42,565 Westchester County 1,603 1,291 $97,497,000 $70,838,000 $60,822 $54,871 Hudson Valley 10,653 10,245 $521,387,000 $484,166,000 $48,943 $47,259 Chart 3: Orange County Inflow/Outflow New York City 2007‐2012 7,399 4,503 2,889 1,257 1,400 1,029 1,366 1,103 1,457 981 287 Bronx County Kings County New York County Total Inflow Queens County 133 Richmond County New York City Total Outflow Chart 4: Orange County Average AGI New York City Migration 2007‐2012 $76,498 $41,322 $56,157 $81,152 $53,697 Bronx County Kings County New York County Total Inflow $65,531 $51,387 $44,985 $39,197 $61,949 $74,359 Queens County Richmond County $62,153 New York City Total Outflow Table 2: Orange County Migration Activity within New York City Inflows and Outflows 2007‐2012 Bronx County Kings County New York County Queens County Richmond County New York City Households 07‐12 Inflow 2,889 1,400 1,366 1,457 287 7,399 07‐12 Outflow Aggregate AGI 07‐12 Inflow 07‐12 Outflow 1,257 $162,237,000 $51,837,000 1,029 $75,176,000 $38,505,000 1,103 $110,854,000 $78,680,000 981 $90,260,000 $41,709,000 133 $21,341,000 $9,868,000 4,503 $459,868,000 $220,599,000 Average AGI 07‐12 Inflow $56,157 $53,697 $81,152 $61,949 $74,359 $62,153 07‐12 Outflow $41,239 $37,420 $71,333 $42,517 $74,195 $48,989 Chart 5: Orange County Inflow/Outflow Interstate 2007‐2012 10,431 5,822 6,643 5,583 Northeast: Region 1 1,797 1,662 1,309 Midwest: Region 2 Total Inflow South: Region 3 2,661 West: Region 4 Total Outflow Chart 6: Orange County Average AGI Interstate Migration 2007‐2012 $59,190 $47,275 $48,030 $43,085 $66,370 $41,037 Northeast: Region 1 $41,479 $37,005 Midwest: Region 2 Total Inflow South: Region 3 West: Region 4 Total Outflow Table 5: Orange County Migration Activity Interstate Inflows and Outflows 2007‐2012 Northeast: Region 1 Midwest: Region 2 South: Region 3 West: Region 4 Households 07‐12 Inflow 07‐12 Outflow Aggregate AGI 07‐12 Inflow Average AGI 07‐12 Outflow 07‐12 07‐12 Inflow Outflow 5,822 6,643 $386,407 $393,199 $66,370 1,309 1,662 $53,718 $78,571 $41,037 $47,275 5,583 10,431 $206,597 $501,003 1,797 2,661 $74,537 $37,005 $59,190 $48,030 $114,649 $41,479 $43,085 Marist College Bureau of Economic Research Orange County Year-over-year analysis — 2011-2012 • Year-over-year, the number of households in Orange County increased 2.01 percent (2,654 households), from 131,998 in 2011 to 134,652 in 2012. • Existing residents created 3,872 new households, while migration resulted in a net loss of 1,218 households. o 7,058 households moved into the county. o 8,276 households moved out of the county. • Total migratory activity resulted in a net gain of $16.77 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 37.83 percent of all inflows and 30.86 percent of all outflows. • Intrastate migration accounted for the majority of all activity at 57.69 percent of all inflows and 45.81 percent of all outflows. • Consistent with the five-year trend, intra-regional activity represented 53.88 percent of all intrastate inflows and 59.40 percent of all intrastate outflows. o Migratory activity within the Hudson Valley Region resulted in an overall loss of 58 households. The county lost households to Dutchess, Sullivan, and Ulster and gained households from Rockland, Putnam, and Westchester counties (Chart 6, Table 4). See Chart 8 for income data. • Migratory activity with the five counties of NYC accounted for 34.65 percent of all intrastate inflows and 26.35 percent of all intrastate outflows. o Consistent with previous years, inflows exceeded outflows, resulting in a net gain of 412 households; the majority migrated from Bronx County (Chart 9, Table 5). See Chart 10 for income data. • Interstate activity accounted for 40.82 percent of all inflows and 52.98 percent of all outflows (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration was negligible at 1.49 percent of all inflows and 1.21 percent of all outflows. Chart 7:Orange County Inflow/Outflow Intra‐Regional 2011‐2012 2,194 470 344 407 418 405 478 2,252 614 643 297 289 51 30 Dutchess County Putnam County Rockland County Sullivan County Total Inflow Ulster County Westchester County Hudson Valley Total Outflow Chart 8: Orange County Average AGI Intra‐Regional Migration 2011‐2012 $65,500 $62,810 $64,410 $44,771 $45,038 Dutchess County $48,711 $58,431 Putnam County $50,594 Rockland County $46,322 $45,538 Sullivan County Total Inflow $51,913 $45,412 $60,606 $49,102 Ulster County Westchester Hudson Valley County Total Outflow Table 4: Orange County Migration Activity within the Hudson Valley Inflows and Outflows 2011‐2012 Households Aggregate AGI Average AGI 11‐12 11‐12 11‐12 11‐12 11‐12 11‐12 Inflow Outflow Inflow Outflow Inflow Outflow Dutchess County 344 407 $15,493 $18,222 $45,038 $44,771 Putnam County 51 30 $2,980 $1,965 $58,431 $65,500 Rockland County 470 405 $23,779 $26,086 $50,594 $64,410 Sullivan County 418 478 $19,035 $23,284 $45,538 $48,711 Ulster County 614 643 $28,442 $29,200 $46,322 $45,412 Westchester County 297 289 $18,000 $18,152 $60,606 $62,810 Hudson Valley 2,194 2,252 $107,729 $116,909 $49,102 $51,913 Chart 9: Orange County Inflow/Outflow New York City 2011‐2012 1,411 999 513 292 285 223 278 286 257 195 49 Bronx County Kings County New York County Queens County Total Inflow 32 Richmond County New York City Total Outflow Chart 10: Orange County Average AGI New York City Migration 2011‐2012 $76,498 $53,234 $52,505 Bronx County Kings County $97,385 New York County Total Inflow $62,608 $51,387 $65,531 $44,985 $39,197 $41,322 $64,080 $64,592 Queens County Richmond County New York City Total Outflow Table 4: Orange County Migration Activity within New York City Inflows and Outflows 2011‐2012 Bronx County Kings County New York County Queens County Richmond County New York City Households 11‐12 11‐12 Inflow Outflow 513 292 285 223 278 257 286 195 49 32 1,411 999 Aggregate AGI 11‐12 11‐12 Inflow Outflow $27,309,000 $12,066,000 $14,964,000 $8,741,000 $27,073,000 $19,660,000 $17,906,000 $8,772,000 $3,165,000 $2,097,000 $90,417,000 $51,336,000 Average AGI 11‐12 11‐12 Inflow Outflow $53,234 $41,322 $52,505 $39,197 $97,385 $76,498 $62,608 $44,985 $64,592 $65,531 $64,080 $51,387 Chart 11: Orange County Inflow/Outflow Interstate 2011‐2012 2,142 1,166 1,350 1,152 564 200 Northeast: Region 1 363 329 Midwest: Region 2 Total Inflow South: Region 3 West: Region 4 Total Outflow Chart 12: Orange County Average AGI Interstate Migration 2011‐2012 $59,152 $52,808 $45,228 $127,361 $47,235 Northeast: Region 1 Midwest: Region 2 Total Inflow $39,763 South: Region 3 $45,098 $39,656 West: Region 4 Total Outflow Table 6: Orange County Migration Activity Interstate Inflows and Outflows 2011‐2012 Northeast: Region 1 Midwest: Region 2 South: Region 3 West: Region 4 Households Aggregate AGI Average AGI 11‐12 11‐12 11‐12 11‐12 11‐12 11‐12 Inflow Outflow Inflow Outflow Inflow Outflow 1,166 1,350 $148,503,000 $79,855,000 $127,361 $59,152 200 329 $9,447,000 $14,880,000 $47,235 $45,228 1,152 2,142 $45,807,000 $113,114,000 $39,763 $52,808 363 564 $14,395,000 $25,435,000 $39,656 $45,098 Marist College Bureau of Economic Research Putnam County Five-year analysis — 2007-2012 • During the period, the number of households in Putnam County increased at an annualized rate of 1.46 percent (2,094 households), rising from 35,056 in 2007 to 37,150 in 2012. • Existing residents created 3,024 new households; migratory activity resulted in a net loss of 930 households. o 10,655 households moved into the county. o 11,585 households moved out of the county. • Total migratory activity resulted in a net gain of $20.03 million in adjusted gross income (AGI). • On average, one out of every 15.5 households left the region. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 54.92 percent of all inflows and 52.00 percent of all outflows. • Intrastate activity accounted for 77.27 percent of all inflows and 62.78 percent of all outflows. • Consistent with trend, the most significant intrastate activity was intra-regional at 68.19 percent of all intrastate inflows and 72.75 percent of all intrastate outflows. o Putnam gained 323 households overall. The largest net inflow occurred from Westchester County at 1,123 households created; the largest net loss was to Dutchess County at 765 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 25.36 percent of all inflows and 18.30 percent of all outflows. o As is typically the case, migratory activity with NYC resulted in a net inflow of 757 households. The most important activity occurred with Bronx County at 485 households created (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 22.21 percent of all inflows and 36.44 percent of all outflows. More than 47.00 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. Chart 1: Putnam County Inflow/Outflow Intra‐Regional 2007‐2012 5,614 5,291 4,093 2,970 1,125 1,890 193 223 Dutchess County Orange County 121 85 82 123 Rockland County Ulster County Total Inflow Westchester County Hudson Valley Total Outflow Chart 2: Putnam County Average AGI Intra‐Regional Migration 2007‐2012 $75,471 $63,087 $66,885 $56,839 $58,406 $46,065 $50,551 $81,355 $56,036 Dutchess County Orange County Rockland County Total Inflow $67,851 $42,098 Ulster County Westchester County $63,893 Hudson Valley Total Outflow Table 1: Putnam County Migration Activity within the Hudson Valley Inflows and Outflows 2007‐2012 Households 07‐12 07‐12 Inflow Outflow Aggregate AGI 07‐12 Inflow 07‐12 Outflow Average AGI 07‐12 07‐12 Inflow Outflow 1,125 1,890 $56,870,000 $110,387,000 $50,551 $58,406 Orange County 193 223 $10,815,000 $12,675,000 $56,036 $56,839 Rockland County 121 85 $9,844,000 $6,415,000 $81,355 $75,471 82 123 $3,452,000 $5,666,000 $42,098 $46,065 Westchester County 4,093 2,970 $277,714,000 $198,649,000 $67,851 $66,885 Hudson Valley 5,614 5,291 $358,695,000 $333,792,000 $63,893 $63,087 Dutchess County Ulster County Chart 3: Putnam County Inflow/Outflow New York City 2007‐2012 2,088 1,331 859 374 Bronx County 324 235 Kings County 496 466 409 256 New York County Queens County Total Inflow New York City Total Outflow Chart 4: Putnam County Average AGI New York City Migration 2007‐2012 $81,032 $59,847 $44,945 $47,144 $53,520 $219,131 $103,963 $77,663 $64,898 Bronx County $64,429 Kings County New York County Queens County Total Inflows New York City Total Outflows Table 2: Putnam County Migration Activity within New York City Inflows and Outflows 2007‐2012 Households 07‐12 07‐12 Inflow Outflow Aggregate AGI 07‐12 07‐12 Inflow Outflow Average AGI 07‐12 07‐12 Inflow Outflow Bronx County 859 374 $55,747,000 $17,632,000 $64,898 $47,144 Kings County 324 235 $20,875,000 $10,562,000 $64,429 $44,945 New York County 496 466 $108,689,000 $37,761,000 $219,131 $81,032 Queens County 409 256 $31,764,000 $13,701,000 $77,663 $53,520 2,088 1,331 $217,075,000 $79,656,000 $103,963 $59,847 New York City Chart 5: Putnam County Inflow/Outflow Interstate 2007‐2012 1,975 1,572 1,100 765 166 Northeast: Region 1 175 Midwest: Region 2 Total Inflow 499 336 South: Region 3 West: Region 4 Total Outflow Chart 6: Putnam County Average AGI Interstate Migration 2007‐2012 $66,490 $76,577 $65,223 $74,875 Northeast: Region 1 $52,681 Midwest: Region 2 Total Inflow $52,697 $42,591 $43,699 South: Region 3 West: Region 4 Total Outflow Table 3: Putnam County Migration Interstate Inflows and Outflows 2007‐2012 Northeast: Region 1 Households 07‐12 07‐12 Inflow Outflow Aggregate AGI 07‐12 Inflow 07‐12 Outflow Average AGI 07‐12 07‐12 Inflow Outflow 1,100 1,975 $82,362 $131,317 $74,875 $66,490 Midwest: Region 2 166 175 $8,745 $13,401 $52,681 $76,577 South: Region 3 765 1,572 $32,582 $102,531 $42,591 $65,223 West: Region 4 336 499 $14,683 $26,296 $43,699 $52,697 Marist College Bureau of Economic Research Putnam County Year-over-year analysis — 2011-2012 • Year-over-year, the number of households in Putnam County increased 4.05 percent (1,445 households), from 35,705 in 2011 to 37,150 in 2012. • Households created internally numbered 1,591, while migration resulted in a net loss of 146 households. o 2,262 households moved into the county. o 2,408 households moved out of the county. • Total migratory activity resulted in a net gain of $41.98 million in adjusted gross income (AGI). • For the period, one out of every 15.4 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 53.45 percent of all inflows and 50.42 percent of all outflows. • Intrastate activity accounted for 75.29 percent of all inflows and 62.00 percent of all outflows. • Consistent with trend, the most significant intrastate activity was intra-regional at 67.59 percent of all intrastate inflows and 71.20 percent of all intrastate outflows. • Intra-regional migration resulted in a net gain of 88 households. o Putnam gained households from Westchester (202) and Rockland (8). Households were lost to Dutchess (96), Orange (21), and Ulster (5). There was no migratory activity between Putnam and Sullivan County (Chart 7, Table 4). See Chart 8 for income data. • Migratory activity with the five counties of NYC accounted for 25.90 percent of all intrastate inflows and 20.09 percent of all intrastate outflows. o As is typically the case, migratory activity with NYC resulted in a net inflow of 141 households, with the vast majority of these migrating from Bronx County (Chart 9, Table 5). See Chart 10 for income data. • Interstate activity accounted for 23.83 percent of all inflows and 36.88 percent of all outflows. More than 44.00 percent of all interstate activity occurred within the Northeast Region (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration was negligible at less than one percent of all inflows and 1.12 percent of all outflow Chart 7: Putnam County Inflow/Outflow Intra‐Regional 2011‐2012 1,151 832 251 347 51 30 Dutchess County 21 Orange County 13 Rockland County Total Inflow 1,063 630 22 17 Ulster County Westchester County Hudson Valley Total Outflow Chart 8: Putnam County Average AGI Intra‐Regional Migration 2011‐2012 $78,308 $41,409 $71,265 $78,751 $58,431 $61,190 $107,571 $65,500 $50,020 $56,471 Dutchess County Orange County Rockland County Ulster County Total Inflow $71,139 $66,835 Westchester County Hudson Valley Total Outflow Table 4: Putnam County Migration Activity within the Hudson Valley Inflows and Outflows 2011‐2012 Households 11‐12 11‐12 Inflow Outflow Aggregate AGI 11‐12 11‐12 Inflow Outflow Average AGI 11‐12 11‐12 Inflow Outflow 251 347 $12,555 $21,233 $50,020 $61,190 Orange County 30 51 $1,965 $2,980 $65,500 $58,431 Rockland County 21 13 $2,259 $1,018 $107,571 $78,308 Ulster County 17 22 $960 $911 $56,471 $41,409 Dutchess County Westchester County Hudson Valley 832 630 $59,188 $49,613 $71,139 $78,751 1,151 1,063 $76,927 $75,755 $66,835 $71,265 Chart 9: Putnam County Inflows/Outflows New York City 2011‐2012 441 300 183 81 Bronx County 124 112 64 82 38 Kings County New York County Queens County Total Inflows 57 New York City Total Outflows Chart 10: Putnam County Average AGI New York City Migration 2011‐2012 $30,919 $44,657 $432,866 $58,351 $55,079 $60,339 $158,404 $51,160 Bronx County $70,016 Kings County $71,366 New York County Queens County Total Inflow New York City Total Outflow Table 5: Putnam County Migration Activity within New York City Inflows and Outflows 2011‐2012 Households 11‐12 Inflo 11‐12 w Outflow Aggregate AGI 11‐12 Inflow 11‐12 Outflow Average AGI 11‐12 Inflow 11‐12 Outflow Bronx County 183 81 $11,042,000 $4,144,000 $60,339 $51,160 Kings County 64 38 $4,481,000 $2,093,000 $70,016 $55,079 112 124 $48,481,000 $3,834,000 $432,866 $30,919 Queens County 82 57 $5,852,000 $3,326,000 $71,366 $58,351 New York City 441 300 $69,856,000 $13,397,000 $158,404 $44,657 New York County Chart 11: Putnam County Inflows/Outflows Interstate 2011‐2012 396 351 228 200 111 77 34 Northeast: Region 1 30 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 12: Putnam County Average AGI Interstate Migration 2011‐2012 $78,577 $67,831 $89,467 $57,076 $61,879 Northeast: Region 1 Midwest: Region 2 Total Inflow $68,237 $53,804 $48,320 South: Region 3 West: Region 4 Total Outflow Table 6: Putnam County Migration Interstate Inflows and Outflows 2011‐2012 Households 11‐12 11‐12 Inflow Outflow Aggregate AGI 11‐12 11‐12 Inflow Outflow Average AGI 11‐12 11‐12 Inflow Outflow Northeast: Region 1 228 396 $33,713,000 $28,168,000 $147,864 $71,131 Midwest: Region 2 34 30 $1,146,000 $2,623,000 $33,706 $87,433 South: Region 3 200 351 $8,764,000 $22,365,000 $43,820 $63,718 West: Region 4 77 111 $3,447,000 $6,396,000 $44,766 $57,622 Marist College Bureau of Economic Research Rockland County Five-year analysis — 2007-2012 • During the period, the number of households in Rockland County grew at an annualized rate of 1.89 percent (2,094 households), rising from 103,734 households in 2007 to 111,799 in 2012. • Existing residents created 12,787 new households; migratory activity resulted in a net loss of 4,722 households. Over the period, o 20,950 households moved into the county; o 25,672 households moved out of the county. • Total migratory activity resulted in a net loss of $390.31 million in adjusted gross income (AGI). • On average, one out of every 20.8 households left the region. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 28.13 percent of all inflows and 26.85 percent of all outflows. • Intrastate activity accounted for 55.21 percent of all inflows and 43.63 percent of all outflows. • The most important intrastate migratory activity occurred with the five counties of NYC, accounting for 51.06 percent of all intrastate inflows and 42.95 percent of all intrastate outflows. o Migratory activity with NYC resulted in a net inflow of 1,096 households, with more than two-thirds of the net flows occurring between Rockland and Bronx County (Chart 1, Table 1). See Chart 2 for income data. • The second most important migratory activity was intra-regional at 38.32 percent of all intrastate inflows and 44.69 percent of all intrastate outflows. o Intra-regional activity resulted in a net loss of 573 households. Rockland gained 276 households from Westchester and lost households to Orange, Dutchess, Ulster, Putnam, and Sullivan counties. The largest net outflow was to Orange at 697 households (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 42.54 percent of all inflows and 54.51 percent of all outflows. More than 50.00 percent of both interstate inflows and outflows occurred within the Northeast Region (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration accounted for 2.25 percent of all inflows and 1.87 percent of all outflows. Chart 1: Rockland County Inflow/Outflow New York City 2007‐2012 5,906 4,810 1,799 1,045 1,408 916 1,479 1,907 1,093 860 127 Bronx County Kings County New York County Queens County Total Inflow 82 Richmond County New York City Total Outflow Chart 2: Rockland County Average AGI New York City Migration 2007‐2012 $88,983 $40,882 $60,467 $76,848 $60,418 Bronx County Kings County $66,780 $44,217 $92,410 $62,732 New York County $68,071 Queens County Total Inflow Richmond County $67,840 $69,037 New York City Total Outflow Bronx County Table 1: Rockland County Migration Activity within New York City Inflows and Outflows 2007‐2012 Households Aggregate AGI Average AGI 07‐12 07‐12 07‐12 07‐12 07‐12 07‐12 Inflow Outflow Inflow Outflow Inflow Outflow 1,799 1,045 $108,781,000 $42,722,000 $60,467 $40,882 Kings County New York County 1,408 1,479 916 1,907 $85,068,000 $136,674,000 $70,393,000 $169,691,000 $60,418 $76,848 $92,410 $88,983 Queens County Richmond County 1,093 127 860 82 $68,566,000 $8,645,000 $38,027,000 $5,476,000 $62,732 $44,217 $68,071 $66,780 New York City 5,906 4,810 $407,734,000 $326,309,000 $69,037 $67,840 Chart 3: Rockland County Inflow/Outflow Intra‐Regional 2007‐2012 5,005 4,432 1,856 2,553 217 270 1,997 116 85 121 Dutchess County Orange County Putnam County 133 Sullivan County Total Inflow 161 1,721 207 Ulster County Westchester County Hudson Valley Total Outflow Chart 4: Rockland County Average AGI Intra‐Regional Migration 2007‐2012 $81,355 $67,188 $61,812 $59,330 $59,478 $41,767 $52,618 $56,331 Dutchess County Orange County $75,471 $47,981 $41,560 Putnam County Sullivan County Total Inflow $52,237 $75,071 $64,270 Ulster County Westchester County Hudson Valley Total Outflow Table 2: Rockland County Migration Activity within the Hudson Valley Inflows and Outflows 2007‐2012 Dutchess County Households 07‐12 07‐12 Inflow Outflow 217 270 Orange County Putnam County 1,856 85 2,553 121 Sullivan County Ulster County 116 161 133 207 1,997 4,432 1,721 5,005 Westchester County Hudson Valley Aggregate AGI 07‐12 07‐12 Inflow Outflow $11,418,000 $16,059,000 $104,551,000 $151,469,000 $6,415,000 $9,844,000 Average AGI 07‐12 07‐12 Inflow Outflow $52,618 $59,478 $56,331 $75,471 $59,330 $81,355 $5,555,000 $10,813,000 $41,560 $47,981 $41,767 $52,237 $149,916,000 $115,631,000 $284,846,000 $309,371,000 $75,071 $64,270 $67,188 $61,812 $4,821,000 $7,725,000 Chart 5: Rockland County Inflow/Outflow Interstate 2007‐2012 7,041 4,951 4,998 2,511 587 Northeast: Region 1 1,353 864 601 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Inflow Chart 6: Rockland County Average AGI Interstate Migration 2007‐2012 $75,551 $57,915 $59,863 $62,234 $71,347 Northeast: Region 1 $64,039 $49,250 $42,976 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Table3: Rockland County Migration Interstate Inflows and Outflows 2007‐2012 Northeast: Region 1 Households 07‐12 Inflow Aggregate AGI 07‐12 Outflow 4,951 7,041 587 601 South: Region 3 2,511 4,998 West: Region 4 864 1,353 Midwest: Region 2 07‐12 Inflow 07‐12 Outflow $353,240,000 $531,957,000 Average AGI 07‐12 Inflow 07‐12 Outflow $71,347 $75,551 $34,807,000 $64,039 $57,915 $107,913,000 $311,044,000 $42,976 $62,234 $49,250 $59,863 $37,591,000 $42,552,000 $80,995,000 Marist College Bureau of Economic Research Rockland County Year-over-year analysis — 2011-2012 • Year-over-year, the number of households in Rockland County increased 5.57 percent (5,900 households), from 108,899 in 2011 to 111,799 in 2012. • Households created internally numbered 7,177, while migratory activity resulted in a net loss of 1,277 households. o 4,681 households moved into the county. o 5,958 households moved out of the county. • Total migratory activity resulted in a net loss of $104.42 million in adjusted gross income (AGI). • For the period, one out of every 18.8 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 27.84 percent of all inflows and 23.63 percent of all outflows. • Intrastate activity accounted for 52.87 percent of all inflows and 40.40 percent of all outflows. • The most significant intrastate activity occurred with the five counties of NYC at 51.39 percent of all intrastate inflows and 47.24 percent of all intrastate outflows. o The county gained 135 households overall; but unlike the rest of the region, it lost 115 households to New York County (Manhattan). The most significant inflows came from Kings County (Brooklyn) at 111 and Bronx County at 94 (Chart 7, Table 4). See Chart 8 for income data. • The second most significant intrastate activity was intra-regional at 38.06 percent of all intrastate inflows and 39.93 percent of all intrastate outflows. • Intra-regional migration resulted in a net loss of 19 households. Rockland gained households from Westchester, but lost households to each of the remaining five counties. The largest single loss was to Orange County at 65 households (Chart 9, Table 5). See Chart 10 for income data. • Interstate activity accounted for 44.86 percent of all inflows and 56.50 percent of all outflows. The most significant interstate inflows and outflows occurred within the Northeast Region (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration accounted for 2.26 percent of all inflows and 3.11 percent of all outflows. This is the highest relative level of foreign migration within the Hudson Valley Region during the one-year period. Chart 7: Rockland County Inflows/Outflows New York City 2011‐2012 1,272 1,137 382 288 325 293 408 247 206 214 25 21 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 2011‐2012 $193,000 $127,407 $102,905 $81,465 $53,832 $103,563 $47,607 $43,399 Bronx County Kings County $96,171 $92,000 $55,789 New York County Total Inflow Queens County $71,775 Richmond County New York City Total Outflow Table 4: Rockland County Migration Activity within New York City Inflows and Outflows 2011‐2012 Households 11‐12 11‐12 Inflow Outflow Aggregate AGI 11‐12 11‐12 Inflow Outflow Average AGI 11‐12 11‐12 Inflow Outflow Bronx County 382 288 $20,564,000 $12,499,000 $53,832 $43,399 Kings County 325 214 $26,476,000 $41,302,000 $81,465 $193,000 New York County 293 408 $28,178,000 $51,982,000 $96,171 $127,407 Queens County 247 206 $13,780,000 $9,807,000 $55,789 $47,607 25 21 $2,300,000 $2,161,000 $92,000 $102,905 1,272 1,137 $91,298,000 $117,751,000 $71,775 $103,563 Richmond County New York City Chart 9: Rockland County Inflow/Outflow Intra‐Regional 2011‐2012 942 405 470 429 352 43 57 Orange County 25 24 21 13 Dutchess County Putnam County Sullivan County Total Inflow 961 28 36 Ulster County Westchester County Hudson Valley Total Outflow Chart 10: Rockland County Average AGI Intra‐Regional Migration 2011‐2012 $107,571 $48,209 $62,381 $50,594 $61,351 $78,308 $64,410 Dutchess County Orange County $46,357 $45,875 Putnam County Sullivan County Total Inflow $56,003 $45,083 $28,120 $72,392 $66,488 Ulster County Westchester County Hudson Valley Total Outflow Table 5: Rockland County Migration Activity within the Hudson Valley Inflows and Outflows 2011‐2012 Households Aggregate AGI 11‐12 11‐12 Inflow Outflow 11‐12 Inflow 11‐12 Outflow Average AGI 11‐12 11‐12 Inflow Outflow 43 57 $2,073,000 $3,497,000 $48,209 $61,351 Orange County 405 470 $26,086,000 $23,779,000 $64,410 $50,594 Putnam County 13 21 $1,018,000 $2,259,000 $78,308 $107,571 Sullivan County 24 25 $1,101,000 $703,000 $45,875 $28,120 Ulster County 28 36 $1,298,000 $1,623,000 $46,357 $45,083 Westchester County 429 352 $31,056,000 $21,958,000 $72,392 $62,381 Hudson Valley 942 961 $62,632,000 $53,819,000 $66,488 $56,003 Dutchess County Chart 11: Rockland County Inflows/Outflows Interstate 2011‐2012 1,637 1,264 1,184 623 99 Northeast: Region 1 299 194 166 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 12: Rockland County Average AGI Interstate Migration 2011‐2012 $78,577 $67,831 $89,467 $61,879 Northeast: Region 1 $68,237 $57,076 $53,804 Midwest: Region 2 $48,320 South: Region 3 Total Inflow West: Region 4 Total Outflow Table 6: Rockland County Migration Interstate Inflows and Outflows 2011‐2012 Northeast: Region 1 Midwest: Region 2 Households 11‐12 11‐12 Inflow Outflow 1,184 Aggregate AGI 11‐12 11‐12 Inflow Outflow 1,637 $105,929,000 Average AGI 11‐12 11‐12 Inflow Outflow $128,630,000 $89,467 $78,577 99 166 $6,126,000 $11,260,000 $61,879 $67,831 South: Region 3 623 1,264 $33,520,000 $72,144,000 $53,804 $57,076 West: Region 4 194 299 $9,374,000 $20,403,000 $48,320 $68,237 Marist College Bureau of Economic Research Sullivan County Five-year analysis — 2007-2012 • During the period, the number of households in Sullivan County grew very little (314 households), rising from 26,608 households in 2007 to 26,922 in 2012. • Existing residents created 1,334 new households; migratory activity resulted in a net loss of 1,020 households. For the period, o 7,569 households moved into the county; o 8,589 households moved out of the county. • Total migratory activity resulted in a net gain of $8.5 million in adjusted gross income (AGI). • On average, one out of every 15.57 households left the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 39.16 percent of all inflows and 33.79 percent of all outflows. • Intrastate activity accounted for 70.41 percent of all inflows and 57.60 percent of all outflows. • Consistent with trend, migratory activity within the Hudson Valley accounted for 58.17 percent of all intrastate inflows and 57.61 percent of all intrastate outflows. o Intra-regional migration resulted in a net gain of 250 households. The largest net gain was with Orange County at 216, followed by Westchester County at 38 (Chart 1, Table 1). See Chart 2 for income data. • Migratory activity with NYC accounted for 26.91 percent of all intrastate inflows and 21.00 percent of all intrastate outflows. As is typically the case, migratory activity with NYC resulted in a net inflow (395 households). The largest net inflow occurred with Kings County (Brooklyn) at 115, followed by Bronx County at 90 (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 28.91 percent of all inflows and 41.55 percent of all outflows. Activity with the Southern Region accounted for 42.46 percent of all interstate inflows and 51.89 percent of all interstate outflows (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was insignificant at 0.69 percent of all inflows and 0.85 percent of all outflows. Chart 1:Sullivan County Inflow/Outflow Intra‐Regional 2007‐2012 3,100 2,117 1,901 554 118 133 127 Dutchess County 2,850 Orange County 566 178 116 Rockland County Ulster County Total Inflow 140 Westchester County Hudson Valley Total Outflow Chart 2: Sullivan County Average AGI Intra‐Regional Migration 2007‐2012 $47,229 $39,583 $40,213 $39,251 $41,560 $35,475 $42,169 Dutchess County $41,767 $41,630 Orange County $55,236 $35,116 Rockland County Ulster County Total Inflow $41,273 Westchester County Hudson Valley Total Outflow Table 1: Sullivan County Migration Activity within the Hudson Valley Inflows and Outflows 2007‐2012 Aggregate AGI 07‐12 Outflow 07‐12 Inflow 07‐12 Outflow Average AGI 07‐12 Inflow 07‐12 Outflow 118 127 $4,976,000 $5,107,000 $42,169 $40,213 2,117 1,901 $88,130,000 $75,247,000 $41,630 $39,583 Rockland County 133 116 $5,555,000 $4,821,000 $41,767 $41,560 Ulster County 554 566 $19,454,000 $20,079,000 $35,116 $35,475 Westchester County 178 140 $9,832,000 $6,612,000 $55,236 $47,229 3,100 2,850 $127,947,000 $111,866,000 $41,273 $39,251 Dutchess County Orange County Households 07‐12 Inflow Hudson Valley Chart 3: Sullivan County Inflow/Outflow New York City 2007‐2012 1,434 1,039 267 394 279 177 Bronx County Kings County 350 261 334 278 New York County 89 Queens County Total Inflow 44 Richmond County New York City Total Outflow Chart 4: Sullivan County Average AGI New York City Migration 2007‐2012 $71,935 $46,518 $33,502 $34,780 $157,377 $43,011 Bronx County $59,225 $56,977 $53,140 $40,547 $36,477 Kings County New York County Queens County Total Inflow Richmond County $76,388 New York City Total Outflow Table 2: Sullivan County Migration Activity within the New York City Inflows and Outflows 2007‐2012 Aggregate AGI Average AGI 07‐12 07‐12 Inflow 07‐12 Outflow 07‐12 Inflow Outflow Bronx County 267 177 $10,826,000 $6,156,000 $40,547 $34,780 Kings County 394 279 $20,937,000 $9,347,000 $53,140 $33,502 New York County 334 278 $52,564,000 $19,998,000 $157,377 $71,935 Queens County 350 261 $19,942,000 $11,226,000 $56,977 $43,011 89 44 $5,271,000 $1,605,000 $59,225 $36,477 1,434 1,039 $109,540,000 $48,332,000 $76,388 $46,518 Richmond County Households 07‐12 07‐12 Inflow Outflow New York City Chart 5: Sullivan County Inflow/Outflow Interstate 2007‐2012 1,852 1,131 929 872 395 Northeast: Region 1 236 191 151 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Chart 6: Sullivan County Average AGI Interstate Migration 2007‐2012 $42,467 $32,592 $46,587 $33,596 Northeast: Region 1 $35,273 $42,147 $32,462 $29,321 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Table 3: Sullivan County Migration Interstate Inflows and Outflows 2007‐2012 Households 07‐12 07‐12 Inflow Outflow Aggregate AGI 07‐12 07‐12 Inflow Outflow Average AGI 07‐12 07‐12 Inflow Outflow Northeast: Region 1 872 1,131 $40,624,000 $48,030,000 $46,587 $42,467 Midwest: Region 2 151 191 $5,073,000 $6,225,000 $33,596 $32,592 South: Region 3 929 1,852 $27,239,000 $78,056,000 $29,321 $42,147 West: Region 4 236 395 $7,661,000 $13,933,000 $32,462 $35,273 Marist College Bureau of Economic Research Sullivan County Year-over-year analysis — 2011-2012 • The number of households in Sullivan County increased by 422 units, from 26,500 in 2011 to 26,922 in 2012. • Households created internally numbered 562; 1,704 moved into the county while 1,844 moved out of the county. The net result was a loss of 140 households. • Total migratory activity resulted in a net loss of $3.3 million in adjusted gross income (AGI). • For the period, one out of every 14.6 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 39.85 percent of all inflows and 34.65 percent of all outflows. • Intrastate activity accounted for 69.37 percent of all inflows and 59.11 percent of all outflows. • Migratory activity within the Hudson Valley accounted for 58.21 percent of all intrastate inflows and 56.79 percent of all intrastate outflows. This finding is consistent with the five-year trend. o Intra-regional migration resulted in a net gain of 69 households. Sullivan gained households from four counties, with the greatest net inflow (60 households) coming from Orange County. There was no migratory activity between Putnam and Sullivan, and Sullivan lost 10 households to Westchester County (Chart 7, Table 4). See Chart 8 for income data. • Overall, inflows from NYC accounted for 26.90 percent of all intrastate inflows and 23.58 percent of all intrastate outflows. Migratory activity with NYC resulted in a net inflow of 61 households, with the most significant numbers coming from Kings County (Brooklyn) at 19 and Bronx County at 18 (Chart 9, Table 5). See Chart 10 for income data. • Interstate activity accounted for 29.81 percent of all inflows and 40.29 percent of all outflows (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration accounted for 0.82 percent of all inflows and 0.60 percent of all outflows. Chart 7: Sullivan County Inflow/Outflow Intra‐Regional 2011‐2012 688 619 478 418 26 25 21 Dutchess County Orange County 137 124 24 Rockland County Ulster County Total Inflow 32 22 Westchester County Hudson Valley Total Outflow Chart 8: Sullivan County Average AGI Intra‐Regional Migration 2011‐2012 $45,538 $42,454 $40,714 $45,875 $48,711 $40,769 $28,120 Dutchess County Orange County Rockland County Total Inflow $32,944 $37,594 $44,186 $34,759 $26,864 Ulster County Westchester County Hudson Valley Total Outflow Table 4: Sullivan County Migration Activity within the Hudson Valley Inflows and Outflows 2011‐2012 Dutchess County Orange County Rockland County Ulster County Westchester County Hudson Valley Households 11‐12 11‐12 Inflow Outflow Aggregate AGI 11‐12 Inflow 11‐12 Outflow Average AGI 11‐12 11‐12 Inflow Outflow 26 21 $1,060 $855 $40,769 $40,714 478 418 $23,284 $19,035 $48,711 $45,538 25 24 $703 $1,101 $28,120 $45,875 137 124 $4,762 $4,085 $34,759 $32,944 22 32 $591 $1,203 $26,864 $37,594 688 619 $30,400 $26,279 $44,186 $42,454 Chart 9: Sullivan County Inflow/Outflow New York City 2011‐2012 318 257 58 91 Bronx County 75 72 40 Kings County 76 64 69 18 New York County Queens County Total Inflow 12 Richmond County New York City Total Outflow Chart 10: Sullivan County Average AGI New York City Migration 2011‐2012 $88,422 $44,667 $51,023 $32,833 $38,475 $43,696 $115,067 $105,889 $29,448 Bronx County $64,745 $54,934 $45,824 Kings County New York County Queens County Total Inflow Richmond County New York City Total Outflow Table 5: Sullivan County Migration Activity within the New York City Inflows and Outflows 2011‐2012 Households 11‐12 Inflow Aggregate AGI 11‐12 Outflow 11‐12 Inflow 11‐12 Outflow Average AGI 11‐12 Inflow 11‐12 Outflow Bronx County 58 40 $1,708,000 $1,539,000 $29,448 $38,475 Kings County 91 72 $4,170,000 $2,364,000 $45,824 $32,833 New York County 75 64 $8,630,000 $5,659,000 $115,067 $88,422 Queens County 76 69 $4,175,000 $3,015,000 $54,934 $43,696 Richmond County 18 12 $1,906,000 $536,000 $105,889 $44,667 318 257 $20,589,000 $13,113,000 $64,745 $51,023 New York City Chart 11: Sullivan County Inflow/Outflow Interstate 2011‐2012 373 241 215 204 98 35 Northeast: Region 1 54 31 Midwest: Region 2 Total Inflow South: Region 3 West: Region 4 Total Outflow Chart 12: Sullivan County Average AGI Interstate Migration 2011‐2012 $43,378 $41,162 $36,371 Northeast: Region 1 $41,852 $32,172 Midwest: Region 2 Total Inflow $37,724 $49,842 $36,903 South: Region 3 West: Region 4 Total Outflow Table 6: Sullivan County Migration Interstate Inflows and Outflows 2011‐2012 Households 11‐12 11‐12 Inflow Outflow Aggregate AGI 11‐12 11‐12 Inflow Outflow Average AGI 11‐12 11‐12 Inflow Outflow Northeast: Region 1 204 241 $8,397,000 $10,454,000 $41,162 $43,378 Midwest: Region 2 35 31 $1,273,000 $1,144,000 $36,371 $36,903 South: Region 3 215 373 $6,917,000 $18,591,000 $32,172 $49,842 West: Region 4 54 98 $2,260,000 $3,697,000 $41,852 $37,724 Marist College Bureau of Economic Research Ulster County Five-year analysis — 2007-2012 • During the period, the number of households in Ulster County grew at an annual rate of 0.65 percent (1,730 households), rising from 66,400 households in 2007 to 68,130 in 2012. • Existing residents created 3,207 new households; migratory activity resulted in a net loss of 1,477 households. For the period, o 17,190 households moved into the county; o 18,667 households moved out of the county. • Total migratory activity resulted in a net loss of $6.11 million in adjusted gross income (AGI). • On average, one out of every 17.9 households left the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 40.66 percent of all inflows and 35.85 percent of all outflows. • Intrastate activity accounted for 69.33 percent of all inflows and 59.39 percent of all outflows. • Consistent with trend, migratory activity within the Hudson Valley accounted for 57.22 percent of all intrastate inflows and 56.25 percent of all intrastate outflows. o Ulster was the only Hudson Valley county to gain households from across the region. Overall, the county gained 583 new households; the largest net gain was with Orange County at 237, followed by Dutchess at 154 (Chart 1, Table 1). See Chart 2 for income data. • Migratory activity with NYC accounted for 19.34 percent of all intrastate inflows and 15.08 percent of all intrastate outflows. o As is typically the case, migratory activity with NYC resulted in a net inflow (633 households). The largest net inflow occurred with New York County (Manhattan) at 221, followed by Kings County (Brooklyn) at 179 (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 29.55 percent of all inflows and 39.70 percent of all outflows. Activity with the Southern Region accounted for more than 40.00 percent of all interstate inflows and more than 48.00 percent of all interstate outflows (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was insignificant at 1.12 percent of all inflows and 0.91 percent of all outflows. Chart 1: Ulster County Inflow/Outflow Intra‐Regional 2007‐2012 6,819 2,722 2,568 2,808 2,571 207 123 82 Dutchess County 6,236 Orange County Putnam County 161 Rockland County Total Inflow 566 554 393 300 Sullivan County Westchester County Hudson Valley Total Outflow Chart 2: Ulster County Average AGI Intra‐Regional Migration 2007‐2012 $70,420 $42,090 Dutchess County $47,981 $42,098 $40,525 $43,052 $42,736 $35,116 $52,237 $46,065 $42,565 Orange County Putnam County Rockland County Total Inflow $60,000 $35,475 Sullivan County $43,148 Westchester County Hudson Valley Total Outflow Table 1: Ulster County Migration Activity within the Hudson Valley Inflows and Outflows 2007‐2012 Households 07‐12 07‐12 Inflow Outflow Aggregate AGI 07‐12 Inflow 07‐12 Outflow Average AGI 07‐12 07‐12 Inflow Outflow Dutchess County 2,722 2,568 $114,568,000 $110,558,000 $42,090 $43,052 Orange County 2,808 2,571 $119,522,000 $104,189,000 $42,565 $40,525 Putnam County 123 82 $5,666,000 $3,452,000 $46,065 $42,098 Rockland County 207 161 $10,813,000 $7,725,000 $52,237 $47,981 Sullivan County 566 554 $20,079,000 $19,454,000 $35,475 $35,116 Westchester County 393 300 $23,580,000 $21,126,000 $60,000 $70,420 6,819 6,236 $294,228,000 $266,504,000 $43,148 $42,736 Hudson Valley Chart 3: Ulster County Inflow/Outflow New York City 2007‐2012 2,305 1,672 823 666 287 487 602 446 351 184 Bronx County Kings County New York County Queens County Total Inflow 83 48 Richmond County New York City Total Outflow Chart 4: Ulster County Average AGI New York City Migration 2007‐2012 $80,264 $55,733 $46,335 $32,538 $46,843 Bronx County $41,328 $126,270 $54,388 $51,438 Kings County New York County $78,086 $49,518 Queens County Total Inflow $37,688 Richmond County New York City Total Outflow Table 2: Ulster County Migration Activity within the New York City Inflows and Outflows 2007‐2012 Aggregate AGI 07‐12 Inflow 07‐12 Outflow Average AGI 07‐12 07‐12 Inflow Outflow Bronx County 287 184 $13,444,000 $5,987,000 $46,843 $32,538 Kings County 666 487 $34,258,000 $22,565,000 $51,438 $46,335 New York County 823 602 $103,920,000 $48,319,000 $126,270 $80,264 Queens County 446 351 $24,257,000 $14,506,000 $54,388 $41,328 83 48 $4,110,000 $1,809,000 $49,518 $37,688 2,305 1,672 $179,989,000 $93,186,000 $78,086 $55,733 Richmond County Households 07‐12 07‐12 Inflow Outflow New York City Chart 5: Ulster County Inflow/Outflow Interstate 2007‐2012 3,604 2,047 2,077 1,690 1,190 494 Northeast: Region 1 818 570 Midwest: Region 2 Total Inflow South: Region 3 West: Region 4 Total Outflow Chart 6: Ulster County Average AGI Interstate Migration 2007‐2012 $44,266 $39,138 $39,818 $33,721 $46,748 $35,014 Northeast: Region 1 $43,742 $29,930 Midwest: Region 2 Total Inflow South: Region 3 West: Region 4 Total Outflow Table 3: Ulster County Migration Interstate Inflows and Outflows 2007‐2012 Northeast: Region 1 Households 07‐12 07‐12 Inflow Outflow Aggregate AGI 07‐12 Inflow 07‐12 Outflow Average AGI 07‐12 07‐12 Inflow Outflow 1,690 2,047 $79,004,000 $90,613,000 $46,748 $44,266 494 570 $17,297,000 $19,221,000 $35,014 $33,721 South: Region 3 2,077 3,604 $62,165,000 $143,504,000 $29,930 $39,818 West: Region 4 818 1,190 $35,781,000 $46,574,000 $43,742 $39,138 Midwest: Region 2 Marist College Bureau of Economic Research Ulster County Year-over-year analysis — 2011-2012 • Year-over-year, the number of households in Ulster County increased 3.18 percent (2,102 households), from 66,028 in 2011 to 68,130 in 2012. • Households created internally numbered 2,453; migratory activity resulted in a net loss of 351 households. o 3,723 households moved into the county. o 4,074 households moved out of the county. • Total migratory activity resulted in a net loss of $21.48 million in adjusted gross income (AGI). • For the period, one out of every 16.7 households moved out of the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 40.40 percent of all inflows and 35.94 percent of all outflows. • Intrastate migration accounted for 66.94 percent of all inflows and 59.60 percent of all outflows. o Year-over-year, intra-regional activity slowed to 37.8 percent of all intrastate inflows and 39.58 percent of all intrastate outflows compared to the five-year trend of 57.22 percent of all intrastate inflows and 56.25 percent of all intrastate outflows (Chart 7, Table 8). See Chart 4 for income data. • Intra-regional migration resulted in a net loss of 19 households. Ulster gained 77 households from Westchester but lost households to each of the remaining five counties. The largest loss was to Orange County at 65 households. • The second most significant intrastate activity occurred with the five counties of NYC, at 20.55 percent of all intrastate inflows and 17.42 percent of all intrastate outflows. o Migratory activity with NYC resulted in a net gain of 89 households, with the largest net inflow coming from Queens County (34) followed by Kings County (Brooklyn) at 30 households (Chart 9, Table 5). See Chart 10 for income data. • Interstate activity accounted for 31.86 percent of all inflows and 39.30 percent of all outflows. The most important activity occurred with the Southern Region at 43.68 percent of interstate inflows and 50.09 percent of interstate outflows (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration accounted for 1.21 of all inflows and 1.10 percent of all outflows. Chart 7: Ulster County Inflow/Outflow Intra‐Regional 2011‐2012 1,439 545 514 Dutchess County 1,387 643 614 Orange County 22 17 36 28 124 137 Putnam County Rockland County Sullivan County Total Inflow 69 77 Westchester Hudson Valley County Total Outflow Chart 8: Ulster County Average AGI Intra‐Regional Migration 2011‐2012 $117,169 $46,322 $44,123 $56,471 $48,423 $46,357 $34,759 $41,699 Dutchess County $45,412 $45,083 $41,409 Orange County Putnam County Rockland County Total Inflow $52,072 $32,944 Sullivan County $43,181 Westchester Hudson Valley County Total Outflow Table 4: Ulster County Migration Activity within the Hudson Valley Inflows and Outflows 2011‐2012 Aggregate AGI 11‐12 Inflow 11‐12 Outflow Average AGI 11‐12 11‐12 Inflow Outflow Dutchess County 545 514 $22,726,000 $22,679,000 $41,699 $44,123 Orange County 643 614 $29,200,000 $28,442,000 $45,412 $46,322 Putnam County 22 17 $911,000 $960,000 $41,409 $56,471 Rockland County 36 28 $1,623,000 $1,298,000 $45,083 $46,357 Sullivan County 124 137 $4,085,000 $4,762,000 $32,944 $34,759 69 77 $3,593,000 $9,022,000 $52,072 $117,169 1,439 1,387 $62,138,000 $67,163,000 $43,181 $48,423 Westchester County Households 11‐12 11‐12 Inflow Outflow Hudson Valley Chart 9: Ulster County Inflow/Outflow New York City 2011‐2012 512 423 155 56 171 125 162 113 79 35 Bronx County 22 17 Kings County New York County Queens County Total Inflow Richmond County New York City Total Outflow Chart 10: Ulster County Average AGI New York City Migration 2011‐2012 $107,852 $69,610 $42,952 $48,057 $34,714 Bronx County $49,595 $45,636 $93,404 $55,535 $50,327 Kings County $41,765 $64,299 New York County Queens County Richmond County New York City Total Inflow Total Outflow Table 5: Ulster County Migration Activity within the New York City Inflows and Outflows 2011‐2012 Aggregate AGI 11‐12 Inflow 11‐12 Outflow Average AGI 11‐12 11‐12 Inflow Outflow Bronx County 56 35 $1,944,000 $1,682,000 $34,714 $48,057 Kings County 155 125 $8,608,000 $5,369,000 $55,535 $42,952 New York County 171 162 $15,972,000 $17,472,000 $93,404 $107,852 Queens County 113 79 $5,687,000 $3,918,000 $50,327 $49,595 17 22 $710,000 $1,004,000 $41,765 $45,636 512 423 $32,921,000 $29,445,000 $64,299 $69,610 Richmond County Households 11‐12 11‐12 Inflow Outflow New York City Chart 11: Ulster County Inflow/Outflow Interstate 2011‐2012 802 518 365 417 103 Northeast: Region 1 135 Midwest: Region 2 Total Inflow 247 200 South: Region 3 West: Region 4 Total Outflow Chart 12: Ulster County Average AGI Interstate Migration 2011‐2012 $33,457 $50,806 $34,489 $48,213 $76,180 $51,699 $53,315 $33,164 Northeast: Region 1 Midwest: Region 2 Total Inflow South: Region 3 West: Region 4 Total Outflow Table 6: Ulster County Migration Interstate Inflows and Outflows 2011‐2012 Households 11‐12 11‐12 Inflow Outflow Aggregate AGI 11‐12 11‐12 Inflow Outflow Northeast: Region 1 365 417 $19,460,000 Midwest: Region 2 103 135 South: Region 3 518 802 West: Region 4 200 247 $15,236,000 Average AGI 11‐12 11‐12 Inflow Outflow $21,186,000 $53,315 $50,806 $5,325,000 $4,656,000 $51,699 $34,489 $17,179,000 $38,667,000 $33,164 $48,213 $8,264,000 $76,180 $33,457 Marist College Bureau of Economic Research Westchester County Five-year analysis — 2007-2012 • During the period, the number of households in Westchester County grew at an annual rate of 2.30 percent (31,776 households), rising from 333,229 households in 2007 to 365,005 in 2012. • Existing residents created 38,801 new households; migratory activity resulted in a net loss of 7,025 households. o 86,474 households moved into the county. o 93,499 households moved out of the county. • Total migratory activity resulted in a net loss of $468.32 million in adjusted gross income (AGI). • On average, one out of every 18.3 households left the county. • Migratory activity with contiguous counties — both intrastate and interstate —accounted for 33.31 percent of all inflows and 28.02 percent of all outflows. • Intrastate activity accounted for 61.86 percent of all inflows and 49.09 percent of all outflows. • The most significant intrastate activity occurred between Westchester and the five counties of NYC, accounting for 74.33 percent of all intrastate inflows and 63.43 percent of all intrastate outflows. o Consistent with trend, migratory activity with NYC resulted in a net inflow (10,648 households), with the majority of these coming from Bronx and Queens counties (Chart 1, Table 1). See Chart 2 for income data. • The second most important intrastate activity was intra-regional, at 16.16 percent of all intrastate inflows and 25.53 percent of all intrastate outflows. o Intra-regional migration resulted in a net loss of 3,073 households. Westchester lost households to every county in the region, with the most significant outflows occurring with Dutchess and Putnam counties (Chart 3, Table 2). See Chart 4 for income data. • Interstate activity accounted for 35.50 percent of all inflows and 48.53 percent of all outflows. More than 42.00 percent of all interstate activity was within the Northeast Region, and more than 46.00 percent was within the Southern Region (Chart 5, Table 3). See Chart 6 for income data. • Foreign migration was relatively small, at 2.65 percent of all inflows and 2.39 percent of all outflows. This is the highest relative level of foreign migration within the Hudson Valley Region. Chart 1: Westchester County Inflow/Outflow New York City 2007‐2012 39,758 29,110 19,196 11,502 11,231 3,869 Bronx County 10,568 4,816 3,486 Kings County New York County 3,561 375 Queens County Total Inflow 264 Richmond County New York City Total Outflow Chart 2: Westchester County Average AGI New York City Migration 2007‐2012 $136,948 $38,399 $51,239 Bronx County $76,725 $46,470 $50,272 $180,459 $82,520 Kings County New York County Total Inflow $66,440 Queens County Richmond County New York City Total Outflow 07‐12 Inflow 07‐12 Outflow 07‐12 Inflow 07‐12 Outflow 07‐12 Inflow 07‐12 Outflow Bronx County 19,196 11,231 $983,578,000 $431,264,000 $51,239 $38,399 Kings County 3,869 3,486 $319,271,000 $161,993,000 $82,520 $46,470 11,502 10,568 $2,075,642,000 $1,447,266,000 $180,459 $136,948 4,816 3,561 $342,885,000 $179,018,000 $71,197 $50,272 375 264 $24,915,000 $13,930,000 $66,440 $52,765 39,758 29,110 $3,746,291,000 $2,233,471,000 $94,227 $76,725 New York County Queens County Richmond County $94,227 $71,197 Table 1: Westchester County Migration Activity within the New York City Inflows and Outflows 2007‐2012 Households Aggregate AGI Average AGI $52,765 New York City Chart 3: Westchester County Inflow/Outflow Intra‐Regional 2007‐2012 11,715 8,642 2,220 3,451 2,970 4,093 1,997 1,721 1,291 1,603 300 393 140 178 Dutchess County Orange County Putnam County Rockland County Sullivan County Total Inflow Ulster County Hudson Valley Total Outflow Chart 4 : Westchester County Average AGI Intra‐Regional Migration 2007‐2012 $60,000 $75,071 $67,851 $69,313 $68,095 $60,822 $55,236 $62,144 $54,871 $67,188 $66,885 $70,420 $47,229 Dutchess County Orange County Putnam County Rockland County Sullivan County Total Inflow Hudson Valley Total Outflow 07‐12 Inflow 07‐12 Outflow 07‐12 Inflow 07‐12 Outflow 07‐12 Inflow 07‐12 Outflow Dutchess County 2,220 3,451 $137,959,000 $239,199,000 $62,144 $69,313 Orange County 1,291 1,603 $70,838,000 $97,497,000 $54,871 $60,822 Putnam County 2,970 4,093 $198,649,000 $277,714,000 $66,885 $67,851 Rockland County 1,721 1,997 $115,631,000 $149,916,000 $67,188 $75,071 140 178 $6,612,000 $9,832,000 $47,229 $55,236 Sullivan County Ulster County Table 2: Westchester County Migration Activity within the Hudson Valley Inflows and Outflows 2007‐2012 Households Aggregate AGI Average AGI $63,737 Ulster County 300 393 $21,126,000 $23,580,000 $70,420 $60,000 Hudson Valley 8,642 11,715 $550,815,000 $797,738,000 $63,737 $68,095 Chart 5: Westchester County Inflow/Outflow Interstate 2007‐2012 20,186 17,104 13,982 10,308 2,455 Northeast: Region 1 3,950 2,690 Midwest: Region 2 South: Region 3 Total Inflow 5,391 West: Region 4 Total Outflow Chart 6: Westchester County Average AGI Interstate Migration 2007‐2012 $93,048 $99,227 $109,420 $80,002 $92,853 Northeast: Region 1 $101,638 $94,631 $67,271 Midwest: Region 2 South: Region 3 Total Inflow West: Region 4 Total Outflow Table 3: Westchester County Migration Interstate Inflows and Outflows 2007‐2012 Households Aggregate AGI Average AGI 07‐12 Inflow 07‐12 Outflow 07‐12 Inflow 07‐12 Outflow 07‐12 Inflow $1,298,266,000 $2,003,006,000 $92,853 $99,227 $93,048 07‐12 Outflow Northeast: Region 1 13,982 20,186 Midwest: Region 2 2,455 2,690 $249,521,000 $250,299,0000 $101,638 South: Region 3 10,308 17,104 $693,431,000 $1,368,360,000 $67,271 $80,002 West: Region 4 3,950 5,391 $373,793,000 $589,885,000 $94,631 $109,420 Marist College Bureau of Economic Research Westchester County Year-over-year analysis — 2011-2012 • Year-over-year, the number of households in Westchester County increased 7.99 percent (27,019 households), from 337,986 in 2011 to 365,005 in 2012. • Households created internally numbered 29,017, while migratory activity resulted in a net loss of 1,998 households. o 19,950 households moved into the county. o 21,948 households moved out of the county. • Total migratory activity resulted in a net loss of $333.86 million in adjusted gross income (AGI). • On average, one out of every 16.6 households left the county. • Migratory activity with contiguous counties — both intrastate and interstate — accounted for 31.62 percent of all inflows and 27.67 percent of all outflows. • Intrastate activity accounted for 61.02 percent of all inflows and 47.98 percent of all outflows. • The most significant intrastate activity occurred between Westchester and the five counties of NYC, accounting for 73.75 percent of all intrastate inflows and 67.86 percent of all intrastate outflows. o Consistent with trend, migratory activity with NYC resulted in a net inflow (1,832 households), with the majority of these coming from Bronx County (Chart 7, Table 4). See Chart 8 for income data. • Migratory activity within the Hudson Valley accounted for 15.40 percent of all intrastate inflows and 21.63 percent of all intrastate outflows. o Consistent with trend, intra-regional migration resulted in a net loss of 403 households. With the exception of Sullivan and Ulster, Westchester lost households to every county in the region. The most significant outflow was to Putnam County at 202 households (Chart 9, Table 5). See Chart 10 for income data. • Interstate activity accounted for 37.14 percent of all inflows and 49.09 percent of all outflows. More than 41.00 percent of all interstate activity was within the Northeast Region (Chart 11, Table 6). See Chart 12 for income data. • Foreign migration was insignificant, at 1.84 percent of all inflows and 2.93 percent of all outflows. Chart 7: Westchester County Inflow/Outflow New York City 2011‐2012 8,978 7,146 4,222 2,816 2,676 2,597 1,050 793 956 878 74 Bronx County Kings County New York County Total Inflow Queens County 62 Richmond County New York City Total Outflow Chart 8: Westchester County Average AGI New York City Migration 2011‐2012 $240,453 $115,229 $49,131 $37,331 $48,772 Bronx County $231,462 $88,585 Kings County New York County Total Inflow $56,403 $59,537 $110,010 $69,676 $60,959 Queens County Richmond County New York City Total Outflow Table 4: Westchester County Migration Activity within the New York City Inflows and Outflows 2011‐2012 Households Aggregate AGI Average AGI 11‐12 11‐12 11‐12 11‐12 11‐12 11‐12 Inflow Outflow Inflow Outflow Inflow Outflow Bronx County 4,222 2,816 $205,917,000 $105,123,000 $48,772 $37,331 Kings County 956 878 $84,687,000 $43,137,000 $88,585 $49,131 New York County 2,676 2,597 $619,392,000 Queens County 1,050 793 $73,160,000 $624,457,000 $231,462 $47,213,000 $69,676 $240,453 $59,537 Richmond County 74 62 $4,511,000 $3,497,000 $60,959 $56,403 New York City 8,978 7,146 $823,427,000 $110,010 $115,229 $987,667,000 Chart 9: Westchester County Inflow/Outflow Intra‐Regional 2011‐2012 2,278 1,875 832 630 495 629 429 352 297 289 32 77 69 22 Dutchess County Orange County Putnam County Rockland County Sullivan County Total Inflow Ulster County Hudson Valley Total Outflow Chart 10: Westchester County Average AGI Intra‐Regional Migration 2011‐2012 $52,072 $71,139 $80,456 $60,606 $26,864 $78,751 $62,810 $60,479 $71,569 $72,392 $69,272 $62,381 $37,594 Dutchess County Orange County Putnam County Rockland County Sullivan County Total Inflow Ulster County Hudson Valley Total Outflow Table 5: Westchester County Migration Activity within the Hudson Valley Inflows and Outflows 2011‐2012 Households Aggregate AGI Average AGI $117,169 11‐12 Inflow 11‐12 Outflo w 11‐12 Inflow 11‐12 Outflow 11‐12 Inflow 11‐12 Outflow Dutchess County 495 629 $29,937,00 $50,607,000 $60,479 $80,456 Orange County 289 297 $18,152,000 $18,000,000 $62,810 $60,606 Putnam County 630 832 $49,613,000 $59,188,000 $78,751 $71,139 Rockland County 352 429 $21,958,000 $31,056,000 $62,381 $72,392 Sullivan County 32 22 $1,203,000 $591,000 $37,594 $26,864 Ulster County 77 69 $9,022,000 $3,593,000 $117,169 $52,072 Hudson Valley 1,875 2,278 $129,885,000 $163,035,000 $69,272 $71,569 Chart 11: Westchester County Inflow/Outflow Interstate 2011‐2012 4,715 4,041 3,312 2,671 1,279 529 Northeast: Region 1 897 739 Midwest: Region 2 Total Inflow South: Region 3 West: Region 4 Total Outflow Chart 12: Westchester County Average AGI Interstate Migration 2011‐2012 $153,121 $105,389 $93,329 $86,863 $102,111 $98,325 Northeast: Region 1 Midwest: Region 2 $104,687 $70,718 Total Inflow South: Region 3 West: Region 4 Total Outflow Table 6: Westchester County Migration Interstate Inflows and Outflows 2011‐2012 Households Aggregate AGI Average AGI 11‐12 Inflow 11‐12 Outflow 11‐12 Inflow 11‐12 Outflow 11‐12 Inflow 11‐12 Outflow 3,312 4,715 $338,192,000 $496,909,000 $102,111 $105,389 529 739 $52,014,000 $68,970,000 $98,325 $93,329 South: Region 3 2,671 4,041 $188,887,000 $351,014,000 $70,718 $86,863 West: Region 4 897 1,279 $93,904,000 $195,842,000 $104,687 $153,121 Northeast: Region 1 Midwest: Region 2