Who’s Moving Into and Out of NYC?
New York has always been one of the most desirable moving destinations for people from different corners of the world. However, there are those who choose to leave the vibrant city environment and take their chances somewhere else. At the same time, many prefer to stay and only change the neighborhood within NYC. We at Best Long Distance Movers took time to find out who’s moving into and out of NYC and for what reasons. If you pursue career growth, then NYC is the place to be. On the other hand, you might be interested to know what makes people leave such a city. Whether you consider moving to NYC or out of it, this helpful guide will give you a better insight. Therefore, make sure to keep reading to learn more about factors that motivate people to either move to or out of New York.
There are several important factors to consider in order to know who’s moving into and out of NYC
To have a better understanding of why people move in and out of a particular place, we have to examine why these fluctuations happen. Although New York is a vibrant place full of opportunities, some people still choose to move out for many reasons. However, this doesn’t mean that New York is becoming less desirable as the years o by. Simply put, moving industry trends largely depend on various people’s needs that change every now and then. In addition to this, we have to consider an ongoing global pandemic that shifted the way we approach moving. At its beginning, people were moving to smaller city areas, or neighborhoods closer to nature. Peace and quiet became imperative among those who were moving. Families and remote workers saw the benefits of living in less crowded places with a better tax situation.
New York was one of the top outbound cities until loosening of restrictive Covid-19 measures. Once everything started getting back to normal, NYC saw an influx of new residents. Therefore, it’s important to keep in mind that moving trends are always changing. That being said, requirements for a top-level moving destination are never the same. Besides personal preferences, these factors influence people’s final decision whether moving into or out of New York:
- Cost of living
- Job market
Who moves to NYC and why?
People’s reasons for moving depends largely upon the economic impact of moving in the US. Although suburbs and moderate-paced surroundings sound like better living options, strong job markets are still concentrated in bigger cities. In addition, New York is perfect for people of all ages. It’s possible to find a neighborhood that is safe and has it all in one place.
Those on a quest to find a decent job and advance their careers often move to NYC
The city of New York is where startups are born. It invites aspiring entrepreneurs and young professionals to come and level up their businesses. That’s why New York saw a rise in start-ups and other independent businesses due to diverse markets and abundant opportunities for business development. As for those who are looking for a better income, New York is an excellent choice. According to Payscale’s report, the highest paid jobs in NYC are software engineering, project management, executive assistant, and data analysis.
If you are one of those aspiring job-seekers, wait no more and check what this amazing city has in store for you! After that, take time to check some of the best long distance movers NYC residents highly praise. Make sure to choose the company that will work in your best interest and help you start fresh in NYC.
People often feel at home in the multicultural environment of NYC
One of the cities that welcomes different cultures from all over the world is definitely New York City. Those looking for a place that values diversity and tolerance start to feel at home as soon as they move there. The city is big enough for anyone to live their life their way and express themselves. The community is accepting and tolerant, which is why New York is a cultural melting pot. As you walk down the streets of NYC neighborhoods, you’ll notice shops, foreign restaurants, and people coming from different cultural backgrounds.
If this sounds great to you, then make sure to contact us! We will quickly match you with the movers who will gladly carry out your relocation stress-free.
Artists and designers often choose NYC as their next moving destination
We can’t talk about New York without mentioning how artsy the city is. It’s a home of modern art, stunning architecture, and creativity. No wonder why so many artists find an endless source of inspiration at the very heart of New York. Art plays an important role in the life of New York residents, starting from eye-gazing street murals to exhibitions in the Metropolitan Museum of Art and other venues. Further, many music festivals and cultural gatherings take place in NY throughout the entire year. Living in such a city that celebrates art and diversity at every corner is truly amazing.
Many families choose to move to family-friendly neighborhoods in NYC
While life in NYC is rushed and fast-paced, there are family-friendly areas that are perfect for raising kids. When choosing a new place of residence, young families opt for neighborhoods with a low crime rate. For example, Queens is one of the safest neighborhoods in New York. Moreover, it’s a place that is suitable for people of all ages. It has everything at hand – from shops, hospitals, and sports facilities to modern galleries and event centers. Schools in Queens are one of the best in NYC, which makes this neighborhood ideal for families who consider moving. Plus, rental prices are lower compared with the rest of the city. On the other hand, nearby suburbs like Ridgewood and Herricks are other popular choices. By moving there, families get to enjoy calm and peace.
What are the reasons to move out of NYC?
Although New York has a lot to offer, there’s a significant number of people moving to other cities and states. This is especially common among young families and millennials who seek a more comfortable lifestyle. In order to understand where are New Yorkers moving to, let’s take a look at factors that motivate them to relocate in the first place.
Cost of living is one of the reasons why people are moving out of NYC
For those who struggle financially, New York might not be the best place to live. According to Statista, the average median sales price of housing in New York City was $745.000. That’s already higher than the national average, therefore it’s not a surprise why most people in NYC rent their homes. However, rental prices may vary in each neighborhood or surrounding area. For instance, living in Brooklyn or Queen comes more cost-effective than renting a place in Manhattan. However, finding an affordable place to live has become difficult due to skyrocketing real-estate prices. Therefore, many New Yorkers got discouraged from staying and thus decided to relocate.
High competition rate in a job market
As an important business center, New York attracts business people, researchers, and job-seekers from all over the world. While job ads are always filled with opportunities, the competition becomes bigger each year. Therefore, finding a job in New York becomes more difficult due to a great number of candidates who also seek better wages and chances for career growth. Furthermore, New Yorkers consider that moving for work or even school is a much better solution than staying in NYC.
Some New Yorkers prefer moving to warmer states
Once they get tired of daily NYC hustle and bustle, New Yorkers start considering relocating to warmer and less crowded areas. Besides a warmer climate and better air quality, they get to maintain a balance between job duties and leisure time. For example, those who move from New York to cities in Florida experience an improvement in their lifestyle. Philadelphia and Washington DC are also high on the list of moving destinations.
In recent years, Canada saw a rise in newcomers coming straight from NYC. Because of its strong economy, top-level education, and proximity to nature, Canada seems like the best moving choice to many New Yorkers. Usually, Ottawa and Toronto attract those who pursue higher education and better jobs. On the other hand, medium-sized cities like Hamilton and Kingston also don’t fall behind. They provide an equally good life. In addition, the healthcare system in Canada is much more simplified compared to the one in NYC.
Remote workers from New York rather choose more affordable places
With the rise of a remote workforce, the residents of New York started to realize the benefits of living in more affordable areas. Because there’s no need to go back to the office, remote workers rather choose to live in cities where costs of living are much lower. They also prefer to swap a fast-paced life in NYC for more moderate living and a quieter environment. By moving out of NYC, remote workers get to enjoy a more comfortable life and maintain a stable financial situation. Many of them opt for some of the best cities to live in Arizona or even Florida. Most of them have an ideal balance of urbanized areas and proximity to natural landscapes and various outdoor options.
Experts have different opinions about the percentage of people moving into and out of NYC
Although the pandemic caused a massive exodus from NYC, the reopening of schools, stores, office buildings, and other facilities motivated people to move back. Due to the loosening of Covid-19 measures, people started getting back to normal life slowly but surely. Additionally, arts and entertainment events resurfaced and the city got its previous glow back.
According to statistics from 2021, 63.1 percent left New York while 36.9 percent relocated there. However, if we take New York and the surrounding area into consideration, then an inbound-outbound ratio is almost even. It’s not always easy to precisely determine whether New York is a popular moving destination or an outbound city. As it’s already mentioned, moving trends, economic changes, as well as ongoing pandemic keep affecting people’s preferences. What used to be a popular reason for moving may not be as important today. Nevertheless, it’s safe to say that New York is a great place for anyone who likes urbanized cities that never sleep.
Let us help you find the most suitable moving company for your NYC move!
So, who’s moving into and out of NYC and why? The best answer would be – everyone, for various reasons. No matter if you’re moving to or out of New York, a reliable moving company should be there to carry out your relocation. Keep in mind that only a fully licensed company with years of experience behind is capable of such an endeavor. Also, long-distance movers have all services you need for your move in one place. That way, you can save plenty of time on an endless search for additional moving services separately. However, it’s equally important to know where to find an ideal company. That’s why we at Best Long Distance Movers created a unique database of some of the most reliable long distance moving companies NY has on offer! All you have to do is visit our website and find a company that meets your moving needs. With our time-saving database at your disposal, you’ll find the best moving company for you in no time!