Thursday, Sep 19, 2024

Americans are moving to Florida and Texas, and leaving California

A beach in Pensacola, Florida
  • Florida and Texas each welcomed over 600,000 new residents from 2021 to 2022, the most of any state.
  • California had the biggest exodus, totaling over 800,000.
  • Many state-to-state movers say affordability is a key issue.

Americans move for a multitude of reasons, though it seems affordability remains at the top of their lists.

Florida and Texas welcomed the greatest number of new residents between 2021 and 2022, just shy of 740,000 and 670,000 people, respectively, according to new Census Bureau data. Similar warm-weather southern states like Georgia, North Carolina, and Virginia also topped the list.

Florida continues to draw the most new residents. It was the fastest-growing state between 2020 and 2021 as well, though some complained of trouble in paradise when faced with the state's increased housing costs and infamous heat.

"So many people come for a week or two on vacation, and they think their life is going to be like that every day," Miami real-estate agent Michael Bordenado told Insider in January.

Affordability has been a key draw of Texas, where Californians, specifically, have found they can cash in on their high property values for bigger homes. Many have relocated to Texas, as higher housing costs drive them out of the Golden State, Insider previously reported. "We felt like we were paying a lot of money to live in a city we weren't enjoying," said one relocator.

In terms of who's leaving their home state, the Golden State had more residents leave than any other between 2021 and 2022, as residents chase affordability across the country.

Former Californian Madison Benedetto told Insider in October 2022 her family was able to purchase a home in South Carolina without a mortgage after cashing on in their Palm Springs home. She said her family is now debt-free.

"We've been able to buy a boat, a motor home, and pay off our car loans with the money we made by selling our home in California," Benedetto said.

Take look below for the top eight states that Americans both moved into and out of between 2021 and 2022.

States with the highest number of residents moving in

8. Virginia: 266,970

Richmond, Virginia.
Richmond, Virginia
7. Arizona: 282,729

Phoenix, Arizona
Phoenix, Arizona
6. New York: 301,461

A photo of the New York City Skyline.
New York City, New York
5. Georgia: 327,795

Savannah, Georgia
Savannah, Georgia
4. North Carolina: 341,582

Aerial view of downtown Charlotte, North Carolina.
Charlotte, North Carolina
3. California: 475,803

Residential houses and skyscrapers in San Francisco, California
San Francisco, California
2. Texas: 668,338

Austin, Texas
1. Florida: 738,969

Fort Lauderdale, Florida
Fort Lauderdale, Florida

States with the highest number of residents moving out

8. New Jersey: 267,106

Cape May Beach in New Jersey.
Cape May, New Jersey
7. Pennsylvania: 278,699

Philadelphia, Pennsylvania
Philadelphia, Pennsylvania
6. Virginia: 282,050

Downtown Charlottesville, Virginia.
Downtown Charlottesville, Virginia.
5. Illinois: 344,027

Chicago river and skyline
Chicago is known for its riverwalk, architecture, cold winters, and deep dish pizza.
4. Florida: 489,905

An aerial view of Coconut Grove, Florida.
Miami, Florida.
3. Texas: 494,077

Houston, Texas
Houston, Texas
2. New York: 545,598

Rochester, New York
Rochester, New York
1. California: 817,669

sunset of Los Angeles downtown skyline and palm trees.
Los Angeles, California
Read the original article on Business Insider
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By: [email protected] (Dan Latu,Noah Sheidlower)
Title: Americans are moving to Florida and Texas, and leaving California
Sourced From: www.businessinsider.com/top-states-americans-are-moving-to-florida-texas-california-2023-10
Published Date: Sat, 28 Oct 2023 10:33:01 +0000

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