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November 24, 2014

Survey: More Americans on the Move

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Survey: More Americans on the Move

More Americans are back on the move, due to an improving economy and strengthening housing market, USA Today reports. 

The American Moving & Storage Association reports that in January and February, 5.4 percent more households moved this year than last. The report is based on data from the nine largest moving companies. 

Census Bureau data is also showing more people on the move. An estimated 36.5 million people 1 year and older moved in 2012, with the mover rate last year at 12 percent, up from a record low set in 2011 of 11.6 percent. 

The average American moves six times in their adult life, according to a survey from moving company Mayflower of 1,020 respondents. However, nearly 50 percent of those surveyed say they’ve delayed moving since the housing downturn. 

In fact, of those who delayed moving, 37 percent said the main reason was because of economic instability, followed by 31 percent who said it was because of the housing market.

The Millennial generation, between 18 and 34 years old, are the most likely to consider moving, with about half saying they’ll consider moving next year, according to the survey.

Source: “Stronger Economy has Americans on the Move,” USA Today (April 3, 2013)

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More Americans Are on the Move, Survey Says