Tag

Floridamigration

All articles tagged with #floridamigration

"Florida City Tops U-Haul's 2023 Most-Moved-To Destinations List"
business-and-economy2 years ago

"Florida City Tops U-Haul's 2023 Most-Moved-To Destinations List"

The Palm Bay-Melbourne area in Florida was the top destination for movers in 2023, as reported by U-Haul, marking the state's seventh consecutive year of significant growth. The report, which tracks one-way U-Haul equipment rentals, showed that over half of the traffic was inbound to the area. While this data doesn't directly correlate to population or economic growth, it reflects the region's attractiveness, bolstered by job creation from companies like Embraer and SpaceX, a lower cost of living, and a pleasant climate. Florida dominated the list with seven markets in the top 25 growth cities, with Ocala following closely behind Palm Bay-Melbourne.

"Millennials Making $55K Lead the Charge in Florida Migration Trends"
economysociety2 years ago

"Millennials Making $55K Lead the Charge in Florida Migration Trends"

Florida has seen a significant influx of people, with about 739,000 moving to the state between 2021 and 2022, primarily from New York and California. The typical new Floridian is a millennial or Gen Xer, earning around $55,000, often married, and looking to purchase a home. Many are attracted by the lack of state income tax, pleasant weather, and business opportunities. However, this migration is contributing to a housing and affordability crisis in some areas of Florida.