Houston most popular city for moving into

Less people are moving from state to state.

https://www.cnbc.com/2022/05/08/the...-to-the-most-in-2021-according-to-penske.html

Houston, Las Vegas and Phoenix topped this year’s edition of truck rental company Penske’s annual Top Moving Destinations report, which uses data from its one-way consumer truck rental reservations to compile a list of the country’s 10 most popular cities for movers.

Here are the country’s top 10 moving destinations for 2021, according to Penske’s report:

1. Houston
2. Las Vegas
3. Phoenix
4. Charlotte, North Carolina (which hasn’t ranked in the top 10 since 2017)
5. Denver
6. San Antonio
7. Dallas
8. Orlando, Florida
9. Austin, Texas
10. Chicago (which hasn’t ranked in the top 10 since 2015)

Penske says it’s been compiling its annual list since 2010. U-Haul also publishes a similar report each year, using data from its own one-way rental customer transactions, most recently identifying the country’s top states for movers as Tennessee, Texas and Florida.

The nation’s drop in mover rate is historic: According to a March report from the U.S. Census Bureau, 8.4% of people changed residences in 2021, down from 9.3% in 2020. That’s the lowest it’s been since the Bureau started collecting this data in 1948, and less than half the rate from that inaugural year.

Interestingly, it’s not a pandemic blip: The rate has either declined or held steady every year over the past five years. During that same time span, most Americans who’ve moved have stayed in their city or state, with relatively few people crossing state lines to establish new residences.

“In 2021, less than one-fifth [of movers] moved from one state to another, while more than half moved within the same county,” the Bureau report noted. “This was also the case in 2017 through 2020.”