Drawing on American Community Survey data, this study examines how whites’ relative socioeconomic standing vis-à-vis nonwhite neighbors affects the association between minority presence and white out-mobility. Moving beyond the racial preferences versus racial proxy debate, we integrate group competition and contact theories with status theory to conceptualize “racial status” as whites’ first-order income rank relative to the subgroup status of Black, Hispanic, and Asian residents at the census tract level. Multilevel linear probability models show that whites lacking advantaged status are generally more likely to move. However, the positive association between Black or Asian concentration and white departure is weaker among status-disadvantaged whites, while the negative association with Hispanic concentration is stronger. These patterns lend greater support to contact theory than to group competition theory. By foregrounding relative status, the study demonstrates that racial and socioeconomic mechanisms are intertwined in shaping white residential mobility.