"As you can see, basically the propensity to move peaks in the early 20s, and then declines to about age 50-55, and then stays pretty flat for the remainder of life (although in 2010 the very oldest seem to have a slightly greater propensity to move). Some other findings: those never married are most likely to move, while those widowed are least likely to move (after controlling for age). This implies that the typical elderly person is even less like to move than is implied by the graph above. Asians are the racial/ethnic group most likely to move–non-hispanic whites, hispanics and African-Americans have similar propensities. Mobility increases with educational attainment. Higher income people move less than low income people. We are doing a lot more work with this data as we prepare it for a paper, but in the meantime, our findings suggest that a mass sell-off (which means mass moving) arising from aging is unlikely."
July 23, 2013