Who’s Moving To (And Out Of) Miami, NYC, Atlanta, San Francisco, Los Angeles, and Brooklyn?

Who’s Moving To (And Out Of) Miami, NYC, Atlanta, San Francisco, Los Angeles, and Brooklyn?

Miami: The Sunshine Magnet

Inbound Moves: Miami’s popularity is surging. Recent data from Movebuddha shows that New York City, San Francisco, and Los Angeles top the list of cities contributing to Miami’s population boom. The in-to-out ratio reflects a strong preference for Miami, with the city ranking as the third most desired global relocation destination according to a 2023 Remitly study. Miami even surpassed Dubai in the global ranking of relocation destinations.

Outbound Moves: While Miami is attracting many, it’s not a one-way street. Miami residents most often move to Houston and Austin, driven by affordable housing and growing job markets in Texas.

New York City: The Big Apple Exodus

Outbound Moves: New York saw an exodus during the pandemic, with residents moving to Miami, Atlanta, and Los Angeles in search of better weather, lower taxes, and more space.
Inbound Moves: Despite the migration, New York remains a hub, pulling in young professionals and international transplants seeking career opportunities and cultural amenities.

Atlanta: The Rising Star

Inbound Moves: Atlanta is quickly becoming a hotspot for movers, drawing people from New York City and Miami. Its affordable cost of living and reputation as a tech and entertainment hub are key attractions.
Outbound Moves: Atlanta residents are less transient, but when they move, they often head to neighboring cities or Miami.

San Francisco: The Tech Drain

Outbound Moves: San Francisco faces a significant outflow of residents, especially to Miami, Los Angeles, and Austin, driven by sky-high living costs and the rise of remote work.
Inbound Moves: While the city is losing residents, it still attracts tech talent and international newcomers seeking opportunities in Silicon Valley.

Los Angeles: The City of Dreams (and Traffic)

Outbound Moves: Los Angeles continues to see residents leaving for Miami, Austin, and Las Vegas, seeking lower housing costs and less congestion.
Inbound Moves: Despite the challenges, LA remains a magnet for creatives and entertainment professionals worldwide.

Brooklyn: The Trendy Outlier

Outbound Moves: Brooklyn residents often move to Miami, Atlanta, and other parts of the country, driven by rising rents and the desire for a more relaxed lifestyle.
Inbound Moves: Brooklyn draws a steady flow of newcomers, particularly young professionals, creatives, and families from other parts of New York and beyond.

Key Takeaways on Migration Trends

1. Miami’s Appeal: Miami’s mix of sun, culture, and tax advantages is making it one of the hottest relocation destinations globally, with people from New York, San Francisco, and Los Angeles leading the charge.
2. Remote Work Impact: Cities like San Francisco and Los Angeles are seeing outflows as workers embrace remote work, moving to more affordable locations like Miami and Austin.
3. Texas Rising: Houston and Austin are benefiting as top choices for outbound Miamians and other city dwellers, thanks to their affordability and economic opportunities.
4. Brooklyn and Atlanta’s Versatility: Both cities are unique, maintaining strong appeal while also serving as stepping stones for moves to other major hubs.

This data reflects a reshaping of American cities, with Miami standing out as a cultural and economic beacon for movers across the nation and the world.

Sources:

NBC Miami. (2023). People across the globe want to move to Miami, study says. Retrieved from https://www.nbcmiami.com/news/local/people-across-the-globe-want-to-move-to-miami-study-says/3407096/

Movebuddha. (n.d.). Moving to Miami migration report. Retrieved from https://www.movebuddha.com/blog/moving-to-miami-migration-report/

Redfin. (2023). Housing migration trends: January 2023. Retrieved from https://www.redfin.com/news/housing-migration-trends-january-2023/