U.S. Moving Trends and Costs 2024

Primary Moving Motivation: Affordability

Generational Moving Patterns

  • 49% of Gen Z and 42% of millennials plan to move, compared to only 27% of baby boomers.

Popular States to Move To

  • Top dream destinations: California (11%), Hawaii (9%), Florida (9%).

Average Moving Costs

  • Local move: $1,250 average cost.
  • Long-distance move: $4,890 average cost (for 1,000 miles).

High Migration Areas

  • Largest influx in 2022: Florida, Texas, and the Carolinas.
StatisticDetail
Top Reason for MovingAffordability (85%)
Generational Intent to Move (2023)Gen Z (49%), Millennials (42%)
Dream DestinationsCA (11%), HI (9%), FL (9%)
Average Cost of Local Move$1,250
Average Cost of Long-Distance Move$4,890
States with Largest Influx (2022)Florida, Texas, Carolinas

Sources

This stat sheet synthesizes key data points into a clear, concise format, prioritizing the most critical statistics at the top and providing a straightforward overview of moving trends and costs leading into 2024.

February 6, 2024

Author: By Timothy Spruill

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