Where Are People Moving in McDonough, IL?

IRS county-to-county migration, 2023 tax year (released about two years after the tax year it covers).

People moving in

245

People moving out

211

Net migration

-46

McDonough, IL is a net loser of residents. In the latest IRS data (2023 tax year), 245 people moved in and 211 moved out, for a net loss of -46. Net outflows can soften local rent and price growth over time, though the cause matters as much as the number.

Migration is most useful read alongside the rest of the market. People move for jobs, affordability, climate, and lifestyle, and where they come from and go to says a lot about what a county is competing on. Below are the specific counties driving McDonough, IL’s flows in each direction.

Top counties people moved to McDonough, IL from

Origin countyReturnsPeople
Fulton, ILIllinois85138
Hancock, ILIllinois5896
Cook, ILIllinois4782
Warren, ILIllinois2946
Schuyler, ILIllinois2657

Top counties people left McDonough, IL for

Destination countyReturnsPeople
Cook, ILIllinois5983
Fulton, ILIllinois4171
Hancock, ILIllinois4064
Peoria, ILIllinois2537
Knox, ILIllinois2442
Sangamon, ILIllinois2233

“Returns” counts tax returns (a household proxy) that moved along each flow; “People” counts the individuals on those returns, when reported. IRS aggregate and foreign pseudo-rows are excluded. Informational only, not financial advice.

Frequently asked questions

Are people moving to McDonough, IL or leaving?

McDonough, IL had a net loss of -46 residents in the latest IRS data (2023 tax year), with 245 people moving in and 211 moving out. Net migration is inflow minus outflow.

Where are people moving to McDonough, IL from?

The largest sources of new McDonough, IL residents are Fulton, IL, Hancock, IL, Cook, IL. The full top-ten list of origin counties is in the table above.

Where do people leaving McDonough, IL go?

People leaving McDonough, IL most often move to Cook, IL, Fulton, IL, Hancock, IL. The full top-ten list of destination counties is in the table above.

What does McDonough, IL migration mean for housing?

Migration is a leading demand signal. Sustained net inflows tend to support rents and home prices when supply cannot keep up, while net outflows can soften them. Read this alongside McDonough, IL's price forecast, building permits, and affordability on the full county dashboard before drawing a conclusion.

How current is this McDonough, IL migration data?

It comes from IRS Statistics of Income county-to-county migration data, which is released about two years after the tax year it covers; the figures above reflect the 2023 tax year. That lag is normal for this dataset, which counts actual tax returns rather than survey estimates.