Americans are on the move. A new report by relocation company MoveBuddha sheds more light on where Americans are headed in 2024. Based on customer search data, the company identified the most desirable destinations with the highest migration rates, and a city in the Sunshine State topped the list.
The Villages in Central Florida, known as the largest retirement community in the world, had the highest in-to-out ratio, 4.38, meaning that for every one hundred people who leave the city, another 438 move in.
“The Villages is a racehorse that’s outpacing every other city in the country for growth. Fueled by a ‘silver tsunami,’ this Baby Boomtown has been on the rise for a decade and shows no signs of slowing down in 2024. With baby boomers reaching retirement age through 2031, the Florida destination is poised for even more growth in years to come,” the report stated, noting that the community offers a mix of good weather and activities.
MoveBuddha’s analysis also shows that while housing costs are a consideration, Americans are willing to relocate to a destination where real estate prices are not necessarily the lowest. In The Villages, for example, the median home value is $407,528, which is more than the nation’s average of $347,716.
Another destination popular with senior adults that made it to the top three is Myrtle Beach, South Carolina, where over a fifth of the population is aged 65 and over. The oceanfront community ranked third with an in-to-out ratio of 3.22.
MoveBuddha noted that cities with bustling art scenes located in natural settings draw the most interest overall.
But if you are looking for affordability, the report also points out that five of the 25 winning cities have median home values of under $200,000, and those are Dayton, Ohio; Hartford, Connecticut; Tulsa, Oklahoma; Des Moines, Iowa; and Champaign, Illinois.
Another significant outtake from the report is that Americans are no longer leaving urban areas — a trend that started during the COVID-19 pandemic. People favor mid-size cities of about 200,000 residents.
