Moving Trends & Statistics For 2024

Moving in the United States has shown a decline during the 21st century but the trend is changing. A few studies have demonstrated variations in the trend and current statistics of the moving market in the US. In this article, we will explore different statistics of moving and how trends are changing for other locations.

CBS News presented a report on the migration number which shows a decline in the migration for local and long-distance moves. According to this report from 2021 to 2022, only 9% of Americans move which is comparatively low. From the 1940s to the 1960s, around 20% of Americans moved cross-country and locally. The decline in the number of people moving is the change in the number of earners in the house. Earlier there was a single earner in the house but today both partners are equally contributing. There has been an increase in the number of local and long-distance moves.

The recent report published by the US Census Bureaureflected on the moving trends in America. The data presented in this report is for 2019-2021 and this report provided insights for moves that happened during the defined period.

What are Current Moving Statistics?

To understand the trends of moving, it is important to explore the current statistics of the moving industry. According to theUS Census Bureau report there has been a positive shift in the number of people moving between the states. This report mentioned that in 2021 nearly 7.9 million people moved and reached 8.2 million in 2022.</p> <p>As per the statistics, there has been a decline in the migration rate from 12.8% to 12.6% for the population aged one year or more. This report mentioned that there has been a decline in the number of people moving which counts from 32.4 million in 2018 to 27 million in 2021. In 2022, 28.2 million people in the US moved which shows a slight increase in the number of move happened. </p> <p>In another report presented by the American Community Survey (ACS) most moves that happened during 2021 and 2022 were state-to-state moves. And there has increased from 18.8% to 19.9% between 2021 and 2022.

What are the top reasons for moving?

Moving is a big change and people relocate to find a better life. There are many reasons why people move from one county to another or from one state to another. Some top reasons include finances, family, and a bigger place to live. Change in the climate is one other reason why Americans move.

Who is moving?

In the US, people move from state to state for financial and personal growth.

• According to the report, in 2019, 7.6% of the US population of one year or older moved to a new house within the same county. This number goes down to 6.7% by 2021.
• During 2019-2021, the number of state-to-state moves has increased from 2.3% to 2.4%.
• All four regions considered by the US Census Bureau including Northeast, Midwest, South, and West experienced a decline in the total percentage of moves between 2019 and 2021.

  Why are people moving?

  There are several reasons why people plan to move to a new state or city. Some people move to find affordable living while some move for a change in their surroundings. Here we have listed the reasons why people move –

  • Young professionals move for a better career opportunity and financial success. They move to a place with a lower cost of living.
  • Families relocate for affordable living, quality education and to live close to family.
  • Remote workers take advantage of their independence of location and move to an affordable place.
  • Retirees move to a warmer place with good healthcare facilities and a lower cost of living.
  • People sometimes need a change in their life and relocate to find a place with good scenery.

    Where are people moving?

    According to a report by Americans prefer to move to the South. People from different states in the US move to a new place. Here is a list of states of the US from where people are migrating including California, New Jersey, New York, Minnesota, Illinois, Louisiana, Washington, and Maryland. Now we will see where these people are moving to like South Carolina, Georgia, Florida, Texas, North Carolina, Alabama, Nevada, and more.

    What is Moving Cost Statistics?

    Moving can be expensive and the high cost can affect the relocation plan. So, to understand the current moving cost it is required to explore the different costs involved. Common factors that can affect the moving cost are the distance of the move, the size of the property, and the type of items to be moved. For a local move, the cost is lower than a long-distance move. According to the current data available from 2022, the breakdown of the moving cost depending on the property size is –

    • For a new job
    • To be close to family and friends
    • For affordable cost of living
    • For good schools
    • Change of climate
    • For safer surroundings
    • As employee relocation
    • For a change in lifestyle
      • 1 bedroom or less- The average cost of moving is around $31.42 per mile.
      • 2-3 bedrooms- The average cost per mile falls around $43.94 per mile
      • 4+ bedrooms- This will have the highest cost of moving which is around $48.77.
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        These numbers can be altered by fuel costs, fragile items, and more. The cost of the move has shown an increase of 9% between 2021 and 2022. You can reduce the moving cost and save money even during the move.

        What are Moving Trends by Metropolitan Areas?

        People move from or move into a new state for many reasons but there are some trends they follow when they move. There are some common metropolitan areas where people are moving from and moving to.

        What are Moving Trends by State?

        For each state in the US, moving trends are different. However, there are some states where people move in and move out frequently. According to the US CensusThe two states in the US where people prefer to move to are Florida and Texas. The major factor for the higher influx is the quality of life in these states. Till 2022 around 738,969 people moved into Florida and around 668,338 people moved into Texas.</li> <li>The population in New York and California is declining as most people in these states decide to move from here to other states. In 2022, California lost 341,866 residents while New York lost 244,137 residents.</li> <li>The highest state-to-state migration is observed between California and Texas. As per the reports, in 2022 over 100,000 Californians moved to Texas. This is the highest number of moves from one state to another. Other states like residents of New York moved to Florida and New Jersey.</li> <p><strong>What are Moving Trends by Region?</strong></p> <p>The moving in and moving out also vary for each region. According to the <a href=" in="" million="" moved="" people="" states="">US Census report, here is the breakdown of regional migration in the US-

        • Most people are moving to Dallas and Houston and this shows an influx of most residents between July 2020 and July 2023.
        • There are two major metropolitan areas where people are moving out like New York City and Los Angeles. This migration was majorly reported between July 2020 and July 2023.
        • The Carolinas, Georgia, and Tennessee show an influx due to lower cost of living and remote work opportunities.

          Conclusion

          As we understand moving is difficult and full of surprises, but people move to find something better. Many people move to find new career opportunities or to stay close to their families. Some reasons for moving in and out of a state, city, or region. But it is important to understand the change in trend like why people are moving away from a particular location and why they are moving to another.

          A statistical approach for such analysis can help make a decision. A decision to relocate your entire life from one place to another. We hope this article might help you determine the factors that can compel you to move. If you decide to move, connect with Van Lines Move to find long-distance professional moving companies in your area.

          • The highest influx is seen in the South with more than 700,000 residents from different regions moving here in 2022.
          • According to the reports, eight out of the top 10 states gained more residents than they lost. Such states are Florida, Texas, North Carolina, Alabama, South Carolina, Tennessee, Georgia, and Oklahoma).
          • Similar to this data, nine out of the top 10 metros observed the highest migration between July 2022 and July 2023.
          • West region has a net loss of 281,225 residents because of the loss of California. However, some states see influx in 2022 like Arizona- 77,995, New Mexico- 13,652, and Idaho- 17,407.
          • The highest loss was faced by the Northeast with a loss of 325,193 residents in 2022. The major factors responsible for the move out are the high cost of living, harsh weather conditions, and limited employment opportunities.
          • The report also mentions that Illinois lost a high number of residents- 115,719 in 2022. Thus, the Midwest region experienced a population loss.