June 28, 2023

PODS Moving and Storage Announces 2023 Report on Top 20 Destinations People Are Moving To

Year-Long Analysis Shows Consumers Gravitate Towards Warmer Weather, Lower Tax Rates, and Affordable Housing

PODS Enterprises, LLC identifies the top 20 cities people are moving to with the release of their third annual relocation trends report. The report analyzes consumer movements throughout the past fifteen months, identifying the environmental factors that inspired these trends.

The report names the Myrtle Beach, SC, and Wilmington, NC, area as the number one area people moved to this past year after placing sixth on last year's list. Sarasota, FL, comes in second, having been first in the 2022 report, with Orlando, FL, Ocala, FL, and Houston, TX, following closely behind, in that order. This is the second year in a row that southern states have seen a larger influx of residents compared to any other region, with more than 80% of the destinations on the list being in the south. Florida saw the largest increase in new residents, with six different Florida areas earning a spot on the list. The entire list is as follows, with last year's rankings in parentheses:

  1. Myrtle Beach, SC/Wilmington, NC (6)
  2. Sarasota, FL (1)
  3. Orlando, FL (9)
  4. Ocala, FL (5)
  5. Houston, TX (12)
  6. Dallas-Fort Worth, TX (2)
  7. Knoxville, TN (7)
  8. Jacksonville, FL (11)
  9. Tampa Bay, FL (4)
  10. Greenville-Spartanburg, SC (14)
  11. Nashville, TN (3)
  12. Melbourne, FL (15)
  13. Portland, ME (20)
  14. San Antonio, TX (13)
  15. Boise, ID (19)
  16. Charlotte, NC (18)
  17. Asheville, NC (17)
  18. Phoenix, AZ (10)
  19. Savannah, GA
  20. Raleigh, NC

Economics appear to be the largest factor influencing consumers' decisions to move, with low tax rates, warmer weather, and more affordable housing prices being the main motivators behind consumer choices. This is different from the 2022 report, where people were primarily influenced by the opportunity to work remotely and moved to be closer to loved ones. Cities with higher crime rates, turbulent weather, and higher costs of living saw a greater loss in residents compared to others.

Copyright 2023 Reuters. All rights reserved. From https://www.reuters.com. By David Shepardson.

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