Americans are moving to the South and the West in droves

InflationMoney MattersHuman Resources
Written By Jennifer Joslyn

🚚 Americans are moving to the South and the West in droves.

While California and New York lost hundreds of thousands of residents, Florida, North Carolina, South Carolina, and Texas were mass gainers. Some speculate that the migration is due to lower taxes and also reference the strong job market and “bounce-back” post-pandemic. In a notable statistic, those leaving New York to save approximately 15 times more from lower housing costs when relocating. The trend to uproot and transition in American life is likely to continue as more and more families search for a lower cost of living.

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Jennifer Joslyn
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