Where Are People Moving in Vermilion, IL?

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

People moving in

510

People moving out

479

Net migration

-60

Vermilion, IL is a net loser of residents. In the latest IRS data (2023 tax year), 510 people moved in and 479 moved out, for a net loss of -60. 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 Vermilion, IL’s flows in each direction.

Top counties people moved to Vermilion, IL from

Origin countyReturnsPeople
Champaign, ILIllinois222422
Cook, ILIllinois93212
Iroquois, ILIllinois50102
Fountain, INIndiana4475
Vigo, INIndiana2849
Tippecanoe, INIndiana2641
Marion, INIndiana2543
McLean, ILIllinois2237

Top counties people left Vermilion, IL for

Destination countyReturnsPeople
Champaign, ILIllinois210356
Cook, ILIllinois75140
Fountain, INIndiana4883
Marion, INIndiana3464
Vigo, INIndiana3345
Iroquois, ILIllinois3355
Edgar, ILIllinois2436
McLean, ILIllinois2237

“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 Vermilion, IL or leaving?

Vermilion, IL had a net loss of -60 residents in the latest IRS data (2023 tax year), with 510 people moving in and 479 moving out. Net migration is inflow minus outflow.

Where are people moving to Vermilion, IL from?

The largest sources of new Vermilion, IL residents are Champaign, IL, Cook, IL, Iroquois, IL. The full top-ten list of origin counties is in the table above.

Where do people leaving Vermilion, IL go?

People leaving Vermilion, IL most often move to Champaign, IL, Cook, IL, Fountain, IN. The full top-ten list of destination counties is in the table above.

What does Vermilion, 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 Vermilion, IL's price forecast, building permits, and affordability on the full county dashboard before drawing a conclusion.

How current is this Vermilion, 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.