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People are not just moving for new job opportunities or a change of scenery—they are making calculated decisions based on economic factors, lifestyle preferences, and even climate considerations.
With over 15% of Americans having moved in the past year, this trend shows no signs of slowing down.
So, why are people relocating, and where are they going?
The current moving trends reflect a noticeable shift in where people want to plant their roots. Economic opportunities, affordable housing, and the flexibility of remote work are major influencers.
For example, states like Texas and Florida have seen net migration increases of over 200,000 and 150,000 residents, respectively, as people flee high-cost states like California and New York.
It’s not just about cost, though. Factors like climate resilience and quality of life are now front and center when people consider where to live.
Remote work has especially disrupted the status quo. With the freedom to work from virtually anywhere, many Americans are moving to smaller cities or even rural areas.
This shift is contributing to the growth of places like Phoenix, AZ, and Charlotte, NC—cities that offer lower costs of living than traditional hubs.
Why Are Americans Moving?
A variety of reasons are influencing the migration patterns in the United States this year.
Economic opportunities, housing affordability, climate considerations, and remote work flexibility are all key factors.
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According to recent studies, around 15% of Americans moved in the past year, and this number is expected to grow modestly as we approach 2024.
With the rise in remote work, many people are choosing to leave expensive cities like New York, San Francisco, and Los Angeles for more affordable and spacious locations like Texas, Florida, and Arizona.
Key Trends Influencing Moving Patterns
Remote Work
The flexibility to work from home has been a significant factor of relocation. Many people leave major metropolitan areas and shift to calm and quiet places.
This year, we’ve seen many professionals moving to cities like Austin, Nashville, and Charlotte due to the strong remote job markets.
Economic Factors
Economic stability, job growth, and affordability are crucial when deciding to relocate.
States with strong economies and lower tax burdens, like Texas and Florida, are seeing an influx of new residents.
States like California and New York have continued to lose residents due to high living costs and taxes.
Climate Migration
Climate change has become an increasingly significant factor in deciding where to live.
Areas with extreme weather events, such as coastal regions vulnerable to hurricanes or states experiencing increased wildfires, are seeing a slowdown in population growth.
Meanwhile, places with milder climates and lower risks, like parts of the Midwest and the Rocky Mountain region, are experiencing growth as they become perceived as “climate havens.”
Urban-to-Suburban Shift
The post-pandemic era has also seen a continued preference for suburban and rural living over dense urban centers.
This trend is especially pronounced among young families and retirees looking for more affordable housing, better schooling options, and lower crime rates.
Moving Trends by State
This year's Moving Trends by State reveals some fascinating shifts that highlight economic, lifestyle, and even climate preferences among Americans.
Top Gaining States in 2024
Some states have become magnets for new residents due to job opportunities, lower cost of living, and lifestyle.
Here are the top states experiencing population growth:
Texas: Texas continues to top the list in 2024. It draws people in with no state income tax, affordable housing, and a strong job market.
The Dallas-Fort Worth and Austin metro areas are particularly popular, each seeing net relocation increases of over 100,000 residents.
Florida: Florida remains a favorite for retirees and young professionals.
Cities like Tampa and Orlando are booming because there is no state income tax, and the cost of living is relatively affordable.
The state saw a net migration increase of around 150,000 people last year.
North Carolina and South Carolina: Both Carolinas have seen substantial growth, with cities like Raleigh, Charlotte, and Charleston becoming hubs for new residents.
North Carolina had a net migration gain of over 50,000 due to its job growth in tech and finance, affordable housing, and high quality of life.
Arizona: With its warm climate and lower cost of living, Arizona, particularly the Phoenix metro area, has attracted many newcomers.
The state saw an influx of over 70,000 residents.
It’s not just retirees anymore—many younger professionals are also choosing Arizona due to its growing tech industry and lifestyle.
Tennessee: Tennessee, especially cities like Nashville, has become a hotspot for people looking to escape high-cost areas.
With no state income tax and a relatively low cost of living, the state had a net migration increase of around 40,000 people.
Top Losing States in 2024
Several states are experiencing a population decline due to high costs, economic challenges, or less favorable living conditions.
California: California continues to lose residents, with a net migration loss of over 100,000 people. High housing costs, state taxes, and a rising cost of living are major push factors.
New York: New York, especially New York City, has also seen a net decline in residents. The state's net migration loss is around 80,000 people.
Illinois: Illinois, particularly the Chicago area, is experiencing a continued outflow of residents. The state’s net migration loss is around 50,000 people.
New Jersey: New Jersey saw a net migration loss of around 30,000 residents. The state’s high cost of living and property taxes have pushed many to seek more affordable housing.
What to Expect in 2024 and Beyond
Experts predict that Moving Trends in 2024 will continue to be shaped by the following dynamics:
Sustainability: Climate change will determine where people decide to live and what sort of housing they have access to.
Areas that can effectively manage climate risks or those with new policies aimed at sustainability are likely to see growth
Technological Advancements: Innovations in building construction, such as modular and green designs, and better remote working technologies, are only going to facilitate people's moving even further away from traditional employment hubs.
Rural and Secondary City Boom: Secondary cities and rural areas with solid internet connections and adequate infrastructure are expected to attract residents in the year ahead.
Moving Costs Statistics in 2024
When it comes to moving, the costs can add up quickly—and it’s easy to underestimate how much you might spend.
After all, being well-informed can save you a lot of stress and money.
Average Cost of Moving in 2024
In 2024, the average cost of a local move (within the same city or up to 100 miles) will be around $1,400 to $3,500.
For long-distance moves (typically over 100 miles or to another state), the average cost can range from $2,200 to $6,800 or more.
Factors like the number of items, weight, and the distance between the origin and destination all play significant roles in determining the final bill.
| Type of Move | Distance | Average Cost (USD) |
|---|---|---|
| Local Move (Studio Apartment) | Up to 100 miles | $1,400 - $2,000 |
| Local Move (3-Bedroom House) | Up to 100 miles | $3,000 - $4,500 |
| Long-Distance Move (1 Bedroom) | 500 miles | $2,500 - $4,500 |
| Long-Distance Move (3 Bedroom) | 1,000 miles | $5,500 - $8,000 |
| Cross-Country Move (4 Bedroom) | Over 2,000 miles | $10,000 - $15,000+ |
Additional Costs Involved in Moving
Moving costs don’t just stop at hiring a truck or moving company.
There are multiple layers of expenses that you need to consider:
Packing and Unpacking Services: If you choose professional packing services, you can expect to add an additional $300 to $1,200. This is a great option if you want to save time, but it’s an added expense.
Hourly Rates for Local Moves: Most local moving companies charge by the hour. On average, the hourly rate in 2024 is around $80 to $150 per hour for a two-person crew.
Truck Rental Costs: If you are planning a DIY move, truck rental prices vary based on the size and duration of the rental.
For a basic truck rental, expect to pay around $20 to $40 per day for a small truck, while larger trucks for longer hauls can go up to $150 per day or more.
Fuel Costs: Don’t forget to factor in fuel expenses, especially for long-distance moves. Fuel costs can add another $200 to $600 to your bill.
Storage Fees: Storage unit costs can range from $50 to $300 per month, depending on the size and location of the unit.
Insurance and Liability Coverage: Moving companies typically offer basic liability coverage, but if you want full-value protection, it can add $100 to $500 or more.
How to Save on Moving Costs
Follow the following steps to save on your moving costs.
Plan Ahead: Book your move well in advance to lock in lower rates. Moving companies charge higher rates for last-minute bookings.
Declutter: The less you move, the less you pay! Sell or donate items you no longer need.
Move During the Off-Season: Avoid moving during peak seasons like summer or weekends, as rates tend to be higher.
DIY Packing: You can save money by packing your own items. You can purchase packing materials at lower costs online or at home improvement stores.
Get Multiple Quotes: Always get at least three quotes from different moving companies to compare prices and services.
