Where do US residents want to live? Most Popular States to Move to in 2022
Experts named the most popular states for moving in 2022, including the states with the largest outflow of population. The map with the most popular US states for relocation is based on data from the US Census Bureau, including reports from U-Haul and United Van Lines.
Between July 2021 and July 2022, the US population grew by 0.4%. A year earlier, this figure was 0.1%, which was a historic low.
New York, Illinois and Louisiana are the states with the largest outflow of population. The city of New York is less and less in demand for relocation among Americans. This is primarily due to the high cost of living. For example, New York tops the list of the most expensive cities in the US to live in due to the high cost of rent. One-bedroom apartment rentals in New York are $3,860/month, with +24.50% year-on-year growth in rental prices. It can be concluded that Americans are looking for cheaper cities to live in.
West Virginia and Hawaii also made it into the top five states with the biggest outflows.
Top 5 States for Outbound Migration 2022
1. New York (-0.9%)
2. Illinois (-0.8%)
3. Louisiana (-0.8%)
4. West Virginia (-0.6%)
5. Hawaii (-0.5%)
Top 5 States for Inbound Migration 2022
1. Florida (+1.9%)
2. Idaho (+1.8%)
3. South Carolina (+1.7%)
4. Texas (+1.6%)
5. Montana and South Dakota (+1.5%)
Florida has been named the most popular and desirable state to move to. According to the data, the population in Florida increased by 1.9%. Populations increased by 1 percent or more in Georgia, Nevada, North Carolina, Utah, Texas, South Dakota, Idaho, South Carolina, Montana, Delaware, Arizona, Delaware, and Tennessee.
Key takeaways from the report:
The population shift reflects a clear trend. US residents are leaving states with high living costs and taxes for cheaper locations.
The main indicator is income tax, but this is only one of the factors that affects the overall tax burden.