Why Do People Move?

WHY DO PEOPLE MOVE? In 2010, nearly 38 million people in the US moved for a variety of reasons, including job changes or a desire for a better quality of life. 11% 21% 7% 15% 2 2004 2009 2004 2009 A Better Home. More Affordable. In the midst of the ecenomic downturn, Historically, a significant number of people move each year in search of renters and homeowners alike have begun looking for more affordable housing, with an improved quality of life. A trend that is recently on the decline, down 11% making the change in 2009, up 3% from 2004. from 21% in 2004 to 15% in 2009. (3 Of all those who moved in 2009 and 2010, 16% re- ported moving for a change in jobs. In fact, job changes are a driving force behind out of 2% 22% county moves, with only 2% of people in county reporting a move for work, as compared to 22% of those moving out of their home county. Job Changes 4) Family Approximately 30% of movers do so as a result of per- sonal family matters, ranging from changes in marital status to the addition of children and more. M) 30% 6American Mobility The number of Americans moving to new homes in 2010 has remained unchanged at 12% since 2009. Metropolitan areas took a hit, as 2.3 million people moved out, while 2.5 million migrated to the suburbs. -2.3 million +2.5 million S BARRETT . MOVING & STORAGE A Suddath Company Infographic data retrieved from U.S. Census Bureau and the National Association of Realtors.