When it comes to moving trends, our older, more established cities, such as New York City, Chicago, and Los Angeles, are currently experiencing a bit of an exodus. For some reason, Americans seem to be flocking to the South and West regions of the country.
Let’s take a look at which cities specifically are proving to be the hottest relocation destinations, and see if we can explain why that is. The list of the top ten cities gaining the most residents in order of ranking are as follows:
- Tampa, FL
- Jacksonville, FL
- Charlotte, NC
- San Antonio, TX
- Austin, TX
- Las Vegas, NV
- Orlando, FL
- Nashville, TN
- Raleigh, NC
- Portland, OR
So what do all of these destinations have in common, and how do they differ from the cities being left? Chalk it up to the job market and cheaper housing.
Better Job Market
With three of its large cities making the cut, Florida is clearly the top state for people looking to uproot. Not surprising when you consider that Tampa is fourth in the nation for fastest-growing job markets. Since December 2009, employment in Tampa has grown by 24%, while unemployment rates have dropped from nearly 12% to 4.6%. According to the same study, Charlotte and Austin were two of the three other cities growing jobs at a faster rate.
Texas is the second-highest state for new moves. The tech industry is particularly strong in Austin, which is now host to offices for Apple, Facebook, Google, Samsung, and Intel. And Raleigh is proving to be the dark horse in this competition. People don’t often think of Raleigh as a job hot spot, but according to Glassdoor.com, Raleigh’s job market is one of the best in terms of both job openings and job satisfaction.
More Affordable Housing
Looking at Florida again, the lower housing prices there are a result of the 2007 housing crisis that the state has not yet fully recovered from. This has resulted in a buyer’s market where great housing deals abound. Lack of an income tax is another plus for the Sunshine State.
While housing in Texas is not jaw-droppingly cheap overall, when you compare the median home value in Texas ($162k) to Los Angeles ($485k) or New York ($626k), you can understand the draw. Rent prices show a similar disparity.
And in North Carolina, both Charlotte and Raleigh made the top three for hottest housing markets in the state, with Raleigh taking the top slot.
In many cases, the out-of-state relocations have a literal payoff: better jobs and cheaper housing. But sometimes you have to be in a new place to start your new job before you have housing lined up.
In these situations, self-storage units can really save the day. Most of the time, moving across the country also means a change in climate; if you’re going south, for example, expect humidity and bugs. Thankfully, there are climate-controlled storage units available to rent. These keep your unit at a constant temperature, protecting your belongings from extreme temperatures, humidity, dust, and pests. Or if you know a move is going to be temporary (if you’re moving for school, for instance) and you don’t want to haul all of your belongings back and forth, look into long-term self-storage units. There are many affordable options available.