Business News

The top states of the US America moved to be ruled by the South

There is an exodus happening in the US right now, and it’s not because of the weather.

The National Association of Realtors’ 2024 Migration Trends report released this week shows that states in the South attracted the most people to move within their borders last year, and only 1% of those who moved said they did so for climate-related reasons, according to the report. in its analysis of US Census Bureau data.

The latest National Association of Realtors’ Migration Trends report shows that Americans are flocking to the Southern states. (Smith/Gado Collection/Getty Images) / Getty Images)

The survey found that 42% of Americans who immigrated in the past year cited housing reasons, while 26% did so for family reasons and 16% crossed the border for employment reasons. Only 2% said they moved for reasons of returning to the office.

NEW REPORT SHOWS HOW NYC RENTING WILL FIND HOME BUYING IN THESE US CITIES

Here are the top regions for people to move to in 2023:

1. Florida – 372,870 net migration

NAPLES FL - MARCH 21: Naples Municipal Beach looking north with luxury hotels and condominiums in the background March 21, 2019 Naples Municipal Beach Naples, Florida (Photo by Paul Harris/Getty Images)

View of Naples Municipal beach in Florida. More Americans immigrated to Florida last year than any other state. (Photos by Paul Harris/Getty Images)

2. Texas – 315,301 net migration

Austin, Texas

The city skyline is seen on April 11, 2023 in Austin, Texas. ((Photo by Brandon Bell/Getty Images) / Getty Images)

3. North Carolina – 126,712 net migration

Aerial view of Raleigh, North Carolina

Showing results for “Raleigh, North Carolina” (iStock / Stock)

4. South Carolina – 91,853 net migration

Myrtle Beach, South Carolina

Beach homes overlooking the turquoise waters of Myrtle Beach, South Carolina. (Edwin Remsberg/VWPics/Universal Images Group via Getty Images/Getty Images)

5. Georgia – 88,325 net migration

Atlanta

The skyline of Atlanta, the capital of Georgia. (iStock / Stock)

Tennessee came in at No. 6 with net migration of more than 76,000 people, followed by Arizona (57,814), Alabama (36,128) and Oklahoma (31,967). Ohio made it into the top 10 and was the only state north of the Mason-Dixon Line to remain, after drawing a total of 28,718.

According to the Census Bureau, the South, the country’s most populous region, is the only region that has maintained population growth throughout the COVID-19 pandemic. The increase is largely due to immigration, with 706,266 people added through immigration.

AMERICANS NEED SECOND MONEY TO BUY HOMES IN MANY CITIES, NEW ECONOMIC REPORTS SHOW

California, the nation’s most populous state, was the biggest loser in 2023, with the state shedding 75,423 people.

California saw its population decline for the first time in 2020 when the state imposed strict lockdowns during the COVID-19 crisis. From January 2020 to July 2022, the state lost more than half a million people, while the number of residents leaving outnumbered those arriving by nearly 700,000.

In 2023, Hawaii (-4,261), Illinois (-32,826), Louisiana (-14,274), New York (-101,984), Oregon (-6,021), Pennsylvania (-10,408), and West Virginia (-3,964) are all their communities are collapsing.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Across generations, the top reasons why Americans choose to move in 2023 include: Affordable housing or a low cost of living; move to a safe place; relocate to find a new job; bond with friends and family; and they live in a place that is more compatible with their beliefs.

Nikolas Lanum of FOX News contributed to this report.


Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button