California exiters are financially weaker than their neighbors

Average characteristics of movers and non-movers from the same neighborhoods

The data come from comparing the average characteristics of out-of-state movers and non-movers who lived in the same neighborhood (Census tract) in California. We re-weight these differences by the number of movers from each neighborhood so that the reported data reflect the characteristics of the average mover. The sample consists of people in the UC-CCP between 2016 and 2025 who resided in a California neighborhood with at least one out-of-state mover and one non-mover in a given quarter. Student and auto debt levels are inflated to 2025Q4 dollars.  
Chart: California Policy LabSource: California Policy Lab analysis of University of California Consumer Credit Panel (UC-CCP) data.Get the data Download imageCreated with Datawrapper