Where Americans Are Moving To
Daily Real Estate News | Thursday, August 27, 2015
About 18 percent of people who moved last year – or 8.5 million – moved from one large metro area to another. But also a growing number moved to a smaller city that was not too far away from their prior residence, U.S. Census Bureau data shows.
The top destination of movers continues to be Los Angeles, which had nearly 245,000 people relocating from other metro areas. Other top moving destinations included New York and Washington, D.C.
However, these large cities appear to be losing more residents than they’re gaining. For example, nearly 400,000 people moved out of New York last year and 340,000 left Los Angeles.
On the other hand, smaller cities like Austin, Texas, and Riverside, Calif., are gaining more residents – more people are moving in than out.
Realtor.com® reports the following are the top 10 city-to-city mitigation paths from 2009 to 2013:
- Los Angeles, Calif. to Riverside, Calif.: 90,494
- Riverside, Calif. to Los Angeles, Calif.: 54,711
- New York, N.Y. to Philadelphia, Pa.: 26,957
- San Jose, Calif. to San Francisco, Calif.: 24,536
- Washington, D.C. to Baltimore, Md.: 22,944
- New York, N.Y. to Miami, Fla.: 22,226
- Baltimore, Md. to Washington, D.C.: 21,457
- San Diego, Calif. to Riverside, Calif.: 19,667
- Philadelphia, Pa. to New York, N.Y.: 19,336
- San Francisco, Calif. to San Jose, Calif.: 18,680
Source: “Bright Lights, Not-So-Big Cities: Where Americans Are Moving,” realtor.com® (Aug. 26, 2015)