Moving In, Moving Out- 2026:
The effects of domestic migration on populations and regional incomes in the Hudson Valley
New data from the federal government show that the Hudson Valley lost more people to domestic migration than it gained in 2021-2022. The net departure of more than 10,000 people also meant that nearly $600 million in local incomes relocated to neighboring states and the South.
The data represent a period of time in the Hudson Valley when migration was influenced by four major factors: skyrocketing housing prices, the growing prevalence of remote work, the end of the Covid-19 pandemic, and a growing retirement wave among the Baby Boomer generation.
During that period, federal data show the Hudson Valley experienced some of the worst population losses to migration in the past 30 years. The region lost a net of 10,174 people who moved to other counties and states in the latest reporting period. The combined population losses in 2021-2022 represent the biggest outmigration from the Hudson Valley since 2004-2005, when thousands moved from the Hudson Valley to New York City as part of a post-9/11 return to the metropolitan area.
The loss of 10,174 people might not seem significant for a region of approximately 2.4 million residents, but the cumulative losses are considerable.
