Criminal victimization is known to influence households’ moving decisions, but theories suggest that the processes leading to a moving decision can vary across racial and ethnic groups. Drawing from current literature, we hypothesized that victimization would have a stronger effect on moving decisions for Whites than for Blacks or Hispanics, and that racial/ethnic residential segregation would moderate the impact of victimization on mobility. Using a longitudinal sample of 34,134 housing units compiled from the National Crime Victimization Survey for the 40 largest metropolitan areas in the United States (1995–2003), we found results that both support and contradict the hypotheses. Specifically, White residents display consistent evidence that victimization is a significant predictor of household mobility. Blacks and Hispanics, in contrast, are more varied in their moving behavior after victimization. In addition, significant differences exist among these groups in responses to victimization and in how mobility is influenced by residential segregation. Higher levels of residential segregation play a part in the victimization–mobility relationship among Blacks in a way that is more complex than we hypothesized.