This summer more Americans are on the move. So where are they going? Census Bureau migration data mixed with cross-metro moving requests on moving.com and cross-metro search traffic data on realtor.com® reveals the hot-spots drawing the most new residents lately.
The cities attracting the most residents lately tend to have two main things in common: affordable housing and strong job markets.
Here are the cities that are gaining the most residents:
1. Tampa, Fla.
- Median home price: $230,000
2. Jacksonville, Fla.
- Median home price: $272,400
3. Charlotte, N.C.
- Median home price: $257,500
4. San Antonio, Texas
- Median home price: $275,000
5. Austin, Texas
- Median home price: $399,000
6. Las Vegas, Nev.
- Median home price: $260,000
7. Orlando, Fla.
- Median home price: $262,400
8. Nashville,Tenn.
- Median home price: $315,000
9. Raleigh, N.C.
- Median home price: $297,200
10. Portland, Ore.
- Median home price: $416,300
Meanwhile, some of the nation’s largest cities are seeing their populations slightly shrink. The following cities are losing the most residents: New York, N.Y.; Chicago; Detroit; San Jose, Calif.; and Los Angeles.
Source: “The New Hot Spots Where Americans Are Moving Right Now,” realtor.com® (May 23, 2016)