Awesome Moving Industry Statistics for 2022
Whether you are moving and need to prepare or you are a moving company, it’s important to know what’s going on in the industry. This way you will know what to expect as a customer or if your business is set up to offer the best services to your clients. Trends and statistics are always changing, and now that 2022 is over, it’s a good idea to see what was happening and what to expect further. With these awesome moving industry statistics for 2022 and the help of Best Long Distance Movers, you can get an idea of what you to reconsider with your next move!
Moving industry statistics in general
In general, the average American will move 12 times in his lifetime. According to the U.S. Census Bureau, the population in the United States is growing, but fewer people are moving. Approximately 8.4% of Americans move every year. The pandemic has had a big effect on the moving industry in previous years. According to statistics, the downward trend of geographic mobility that started in 2020 continued in 2021 and 2022. This meant that far fewer people moved than in previous years. About 27 million Americans moved in 2021, which is less than the 30 million who moved in 2020 and the 31 million who moved in 2019. It seems that the number for 2022 was even lower. Based on an analysis of thousands of moves in the U.S., 20% fewer people moved in 2022 than in 2021 or 2020!
Reasons for moving
People move for different reasons now that many people can work from home indefinitely. There are more people moving to be closer to family, and there are also more people who want to move south to retire. Some people have also seen this as a chance to move out of expensive cities and into quieter towns and suburbs where they can work from home. This may have also happened because more people lost their jobs because of the pandemic. And they are all in a need of reliable long distance movers you can find with our help. A recent report says that 64% of people who move have had a major life event in the past year. The most common is getting a car (26%), new employment (21%), and graduating from college or university (13%).
Of the people moving, 35% of them are moving because their families are growing and they need a bigger home. Other reasons are also:
- To be closer to family (28%)
- Moving to a safer home (25%)
- Starting a new job (18%)
Other moving factors
Many factors are making people move and they also influence the place where they will be moving. This is a list of the most important moving factors when deciding where to move:
- Quality of life – 29.7%
- Living costs – 21.3%
- Family and friends – 19.2%
- Job or education opportunity – 13.5%
- Climate – 9.1%
- Space – 5.1%
- Other – 1.6%
Where do people move?
As previously mentioned, people are moving for different reasons and many factors are affecting their decision about the move itself. According to U.S. Census Bureau statistics, more than 50% of moves were made in the same county, while 80% of moves were made in the same state. We have made a list of some other awesome moving industry statistics for 2022, based on where people move:
- Every year, about 3 million Americans move to a different state
- 11% of American citizens move to a different state
- Only 4% of Americans moving are the ones that move abroad
The best states in 2022
Since 2020, Tennessee, North Carolina, and Colorado have been among the top states people move to. Besides them, Florida and Texas were on the top list of states where people were moving.
Tennessee
Moves into the state are coming mostly from Californians with a help of long distance movers California offers. With 22% they dominate the 2022 inflow into Tennessee. This is followed by Florida (8%), Texas (5%), Illinois (5%), and Colorado (4%). East Tennessee is especially popular to move to in 2022, with the top cities being Chattanooga and Johnson City. Within the previous year, 14.4% of the current population moved and 11.2% moved within the state. 2.91% moved in from outside the state and 2.32% of the population left the state.
Florida
The population of Florida is rapidly expanding, and a growing number of businesses are also relocating to the state. This is primarily due to the lower personal tax rates, in addition to the fact that it is rapidly becoming the tech hub of the United States, especially in Miami.
In 2022, Florida was the fastest-growing state, with a population increase of 1.9% per year. Because of this Florida long distance moving companies are always ready for a move. This brings the total number of residents to 22,244,823. 15,0% of the people living in Florida moved in the past year and 11.2% moved within the same state.
Colorado
During the pandemic, the state of Colorado, which is located in the Rocky Mountains, was the sixth most popular state for people to relocate to. It’s possible that the increase is due to something other than the pandemic itself though. The city of Denver, in particular, has remained, over the course of the past few years, at the very top of the list of cities that millennials want to relocate to. This does not appear to be changing, which indicates that 2023 will continue to follow a pattern of consistent growth. 17.6% of the people living in Colorado moved in the past year and 12,9% of them moved within the same state.
North Carolina
It is safe to assume that North Carolina will maintain its growth trajectory in 2023 thanks to the state’s mountains, which are characterized by a temperate climate, and its beaches. In addition, there are a great number of small towns that not only appeal to people who are looking for more space away from the confines of a city, but also to people who are already retired. 14.8% of the people living in North Carolina moved, and 11.3% moved within the same state. 3.04% of the people in the state came from somewhere else.
Texas
The state of Texas is a fascinating one and an indispensable part of awesome moving industry statistics for 2022. On the one hand, they noticed a drop in population, but then, in the midst of the pandemic, there was a sudden increase in the number of people. There are plenty of other reasons for people to want to move here. Those include a thriving job market, affordable houses, and the absence of a state income tax, which can be a major draw for many people. And without a doubt, those people who work from home. 15,0% of the people living in Texas moved in the past year and only 12.3% moved within the state.
The best cities in 2022
According to reports, certain cities in the top inbound states saw a greater number of new residents moving in than others did. The following are some of the leading cities in 2022:
- Raleigh in North Carolina, with an increase of 3.27% from 2021
- Charleston in South Carolina, with an increase of 2.04% from 2021
- Tampa in Florida, with an increase of 1.10% from 2021
- Jacksonville in Florida, with an increase of 1.31% from 2021
- Tucson in Arizona, with an increase of 1.01% from 2021
- Nashville in Tennessee, with an increase of 1.59% from 2021
There are additional cities that ranked highly on the list that were not located in the top states, some of which are located in the states of Minnesota, Ohio, and Texas. The low cost of living and the reasonable housing prices are at the top of the list as reasons why people are moving here. In addition to this, each one provides access to a variety of opportunities and activities for year-round outdoor recreation, or, to put it another way, an improved quality of life.
Population changes by states
Based on a report from the government, most Americans who wanted to move were shifting toward the western and southern states. In some states, there has been significant population growth since 2010. And this meant a lot of moving and hiring of long distance moving companies. We have made a list of the ones with the most growth.
Utah
Utah is the state with the most significant growth. The number of people has grown by 18.37% in the past decade. Almost 16% of the current population moved in the past year, and 12.3% moved within the state itself. This means that Utah long distance moving companies had a lot of work.
Idaho
Idaho is the next state with the most growth, where the number of people has grown by 17.32%. More than any other state, Idaho gained more of its population due to people moving here. This percentage is 1.35%. Compared to Utah, the number of people moving in the last year is higher. 16,2% of its population moved in the last year. But fewer of them remained in the state. Only 11.4%. And this was all possible with reliable Idaho long distance movers.
Texas
Texas numbers were also high in the last decades, with a people growth of 15.91%. More than any other state, it grew by over 4 million citizens. A similar number is about Texans moving in the last year. 15% of the population moved and 12.3% moved within the state itself, while others were moving long distances with some of the best Texas long distance moving companies.
North Dakota
The number of people has grown by 15.83% in North Dakota. It seems that compared to previous states, the number is higher for people that were in a need of long distance movers in North Dakota. 18% of the current population moved within the last year and 12.6% moved within the state.
Other states with significant rises in population
- Nevada, where the number of people has grown by 14.96%
- Colorado, where the number of people has grown by 14.8%
- Washington, where the number of people has grown by 14.58
- Florida, where the number of people has grown by 14.56
- Arizona, where the number of people has grown by 11.8%
States with the slowest growth rates
According to population projections made for the years 2010 to 2020, the following states will experience the lowest rates of population increase across the United States:
- Connecticut
- Michigan
- Ohio
- Wyoming
- Pennsylvania
Moving of Millennials
Despite the fact that many members of the millennial generation are less likely to be married, have children, or own a home, millennials do not appear to relocate very frequently. Only 20% of them relocated in the previous twelve months. When compared to members of Generation X and Generation Z, this represents a decline of 6%. When millennials are moving, it is most likely they will buy a place. 37% of millennials are homeowners. However, 56% of millennials still don’t have children. Economists speculate that the lack of employment opportunities available to millennials may be the root cause of their significantly lower rate of relocation. And not having the financial resources necessary to purchase a home. These factors might be the reasons why they have less motivation to move, a lower likelihood of moving, or a lower desire to move.
Moving of retirees
In the past few years, there has been a big rise in people moving far away to retire. In the United States, there has also been a trend of people moving to the west or south of the country. Especially since the pandemic, more moving is happening and long distance movers drastically have more jobs as the baby boomer generation continues to retire.
These are the four states where most people move when they retire:
- Montana – 41%
- Delaware – 41%
- Florida – 39%
- South Carolina – 38.5%
These were awesome moving industry statistics for 2022
With these awesome moving industry statistics for 2022, we can say that some of the big changes are likely to keep going. For example, there are more short-term moves and more people are leaving big cities and moving to the suburbs. People will keep making these kinds of moves because prices keep going up and they want to find cheaper places to live. Also, many jobs are switching to remote or more flexible work-from-home policies, which give workers more choices about where they want to live. We will see what 2023 will bring us!