A rising amount of Americans are heading to southern states, lured by way of a combination of warmer weather, affordable housing, lower taxes and much less congested cities, as outlined by a new report provided by RealtyTrac called “The Next Great Migration of ‘Housing Refugees’ On the Move.”
More Americans heading south
New census data confirm the findings. Since 2014 alone, in excess of 1.4 million individuals have relocated to the Sun Belt, mostly from the Northeast and Midwest, according to Census Bureau data.
That marks a stark difference to previous mobility trends. For over a century, Americans predominantly headed west to cities such as Los Angeles, San Francisco, San Diego and Seattle. But lately, that migration trend has taken a turn south.
“This Twentieth century movement west, which has dominated American demographic patterns for decades, may now be reversing itself in the 21st century as rising housing costs, stagnant job creation, restrictive land-use laws and no-tax states pull Californians, Midwesterners and Northeasterners eastward and southward to less costly regions and more business-friendly states in the Sun Belt,” RealtyTrac’s report notes.
Americans are fleeing pricey coastal states like California and New York and heading to states considered more cost-effective, such as Texas, Florida, and also the Carolinas, reported by a recent United Van Lines report.
During the Great Recession, populations in the Sun Belt saw a decline, but now analysts are saying there’s a renewed “Snow Belt-to-Sun Belt migration pattern,” says William H. Frey, a demographer and senior fellow at The Brookings Institution in Washington, D.C.
Florida is especially feeling a heat wave of brand new residents. For the first time in nearly a decade, Florida added more people than California between July 2014 and July 2015, according to Census Bureau data. That helped Florida emerge as being the third-most populous U.S. state, jumping ahead of New York (and following California and Texas).
We have the sun, the Gulf Of Mexico and centrally located to just about everything. Call Nick & Cindy Davis at 813-300-7116 and we can get started working for you to find your new Tampa Florida Home. Or simply click here and we will be in touch.