Definition
Categorizes individuals based on whether they moved residences within the last 12 months. It's a broad measure of population movement, indicating overall dynamism or stability within a region.
Why It Matters
Understanding population mobility is crucial for forecasting housing demand, planning community services, and assessing the fluidity of local markets. High mobility can signal economic vibrancy or, conversely, instability.
Specific Relevance for Professionals:
Marketers
Helps identify active consumer segments (movers often purchase new home goods, local services). High mobility areas suggest opportunities for new resident outreach programs (e.g., utility providers, local businesses).
Researchers
Fundamental for studying population dynamics, urban growth, demographic shifts, and the impact of migration on social structures and resource distribution.
Consultants
Crucial for real estate market analysis, advising clients on new business locations (e.g., where new populations are moving in), and assessing the stability of a potential customer base.
Public Policy Workers
Important for urban planning, forecasting demand for schools and infrastructure, and managing social services for incoming or outgoing populations. It informs decisions about community growth and stability.
