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Ownerly Study Finds Populations in Northeast and Pacific Coast Shrink While Midwest, West, and South Surge
Since the pandemic, Americans are moving away from expensive metro areas to more affordable states, due to the flexibility of remote work. A study by Ownerly reveals these migration patterns. Key findings indicate that Midwest, West, and Southern states experienced the fastest growth between 2021-2022. In contrast, Northeast and Pacific Coast states either grew slowly or faced population declines.
Montana, Utah, and Texas emerged as popular destinations, showing significant increases in move-ins. Conversely, states like California and Oregon saw their populations either stagnate or decline, suggesting high emigration rates. Economist Kevin Gawora notes this trend of relocating from the Northeast to the West and South has persisted since the 1960s.
Population shifts have implications on political, economic, and social fronts. During election years, new residents could influence political outcomes in historically stable states. Housing remains a critical issue as cities confront rising homelessness amid high rent and mortgage rates. Newcomers may amplify these challenges, affecting the dynamic of local communities.
R. H.
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