BELOW SUPERNAV drop zone ⇩

Where did people move to and from in 2023?

  • New Jersey was the least popular moving destination for the sixth year
  • Vermont was the most popular moving destination for third year
  • Affordability was most significant consideration for home buyers, sellers

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

(NewsNation) — Americans relocating last year mostly made their way to less expensive metropolitan areas, according to the 47th Annual United Van Lines National Movers Study.

New Jersey was the least popular moving destination for the sixth year in a row, while Vermont was the most popular moving destination for the third year in a row.

Survey respondents said that moving to be closer to family was the main influence in choosing to relocate to Vermont, followed by lifestyle change. Meanwhile, the top motivation for moves out of New Jersey was driven primarily by people looking to retire.

“The COVID-19 pandemic influenced decisions to move and accelerated existing moving patterns in 2020, mostly driven by the opportunity to work remotely, the desire to be closer to family and better affordability,” said Michael A. Stoll, an economist and professor in The Department of Public Policy at The University of California, Los Angeles.

“Some Americans may be faced with economic uncertainty, coupled with an increased cost of living and lack of affordable housing. This can result in adjustments to moving timelines or people making interstate moves, rather than across states.”  

Moving In: Top Inbound states of 2023

  1. Vermont 
  2. Washington, D.C. 
  3. South Carolina 
  4. Arkansas 
  5. Rhode Island 
  6. North Carolina 
  7. South Dakota 
  8. Alabama 
  9. New Mexico 
  10. West Virginia

For the first time in more than a decade, the study noted only eight “outbound” states, since fewer Americans relocated this year, compared to the previous year.

Moving out: Top outbound states for 2023

  1. New Jersey
  2. Illinois
  3. North Dakota
  4. New York
  5. Michigan
  6. California
  7. Massachusetts
  8. Kansas

Affordability was the most significant consideration for home buyers and sellers planning to relocate, the study revealed. The data was supported by a deeper analysis from Zillow, which examined the relationship between the United Van Lines move data and the current housing market.

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Cloudy

la

60°F Cloudy Feels like 60°
Wind
1 mph SE
Humidity
76%
Sunrise
Sunset

Tonight

Cloudy skies. Low 52F. Winds light and variable.
52°F Cloudy skies. Low 52F. Winds light and variable.
Wind
3 mph SW
Precip
24%
Sunset
Moon Phase
Waning Crescent