"Rising Trend: Employees Living 50 Miles Away from the Office"

1 min read
Source: Yahoo Finance
"Rising Trend: Employees Living 50 Miles Away from the Office"
Photo: Yahoo Finance
TL;DR Summary

A report from Stanford University and Gusto reveals that the average distance between employee residences and employer locations has increased from 10 to 27 miles between 2019 and 2023, with 5.5% of employees living over 50 miles away from their employer. The study indicates that high-earning Millennials in the Information sector or Finance & Insurance are more likely to live far from their workplace. Additionally, the article highlights the shift towards hybrid work models and varying remote work trends based on income levels and states across the U.S.

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