If you’ve been noticing more people moving into Philadelphia, you’d be right. Forbes Magazine, everyone’s most trusted source on all things money, has delved deep into tax records to see who’s moving, where they’re coming from and where they’re going. And, after crunching some numbers, they’ve determined that Philadelphia has experienced a bit of a comeback in terms of population. They screened the IRS’ database to look for counties that were losing population in 2005 but that were either gaining in 2010 or losing far fewer people.
According to the report, in 2005, Philadelphia experienced a net loss of 13,481 people. But, in 2010, there was only a net loss of 5,675. Like Boston, which also made the list, Philadelphia continues to lose residents, but saw many more people moving in and many fewer people moving out in 2010 than in 2005.
You can play around on this interactive map they created that charts where people moved to and from Philadelphia during the time period.
For example, you’ll be happy to know that no one moved to Philadelphia from Nebraska, The Dakotas, Idaho, Montana or Utah. Phew. But, it appears that more Southerners, especially Floridians, are now calling Philadelphia home. Miami-Dade sent 152 people our way, in and of itself.
The top comeback city on their list is New Orleans…kind of a no-brainer given the circumstances a few years ago compared to today. Our Pennsylvanian breatheren, Pittsburgh, is featured in the report, which is cool.
The best part of this discovery is that with the new migrants come more money. And, when more people are here and they’re ready to spend money, that makes everything go round.