Residents moving out of Colorado in record numbers
By Jessica Machetta, ColoradoPolitics.com
A record number of people are moving out of Colorado, according to new data from the U.S. Census Bureau. About 193,000 Colorado residents moved to other states last year, 10,000 more than in 2015. Where are they moving to? According to the data, the biggest percentage of them headed for Washington state, with other destinations being Florida and Texas.
Housing costs and traffic are the top reasons cited by those seeking what might be a more comfortable life in other areas. Home prices have risen by 57 percent over the past eight years, according to the S&P CoreLogic Case-Shiller, while wages have simply not kept pace.
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