How Money Walks! Fascinating web site that shows where the money is moving locally and nationally

Posted by Christine and Drew May on Thursday, November 14th, 2013 at 4:00pm.

“How Money Walks”  is a very interesting website that shows nationwide how income in the United States migrates from state to state and county to county.  This site gives a perspective in very clear graphics what’s really happening with our communities.  Related to real estate, it shows powerful and established trends that impact all of us.    Check it out and you may recognize some well-known trends while some may be a real surprise! 

One local example of this is how much wealth has been gained by Columbia County as a direct result of trends in Ft. Gordon employment.   

With the somewhat new NSA site at Ft Gordon and new missions, Columbia County, GA has gained wealth from Anne Arundel County, MD to the tune of $21.44 million!

Another interesting one is the Army, Navy and Air Force language translators (linguists) we often assist with buying and selling homes that come from Monterey County, CA.  That wealth transfer amounts to $12.81 million. 

These numbers were collected from 1992-2010 so in the last 3 years there have been significant changes based on the many people moving to the CSRA area. Here’s the direct link: http://www.howmoneywalks.com/irs-tax-migration/

As always, if you’re in the market to buy or sell real estate, we offer a full range of professional services and a proven track record representing clients.  Contact Drew & Christine May today at 706-869-9478 for answers to your real estate related questions.

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