You May Live In Fastest Growing City In Fastest Growing State
You May Live In Fastest Growing City In Fastest Growing State. The fastest growing state in the nation by the way. The COVID-19 pandemic has caused a significant shift in the relocation patterns of Americans. Many families are looking to move to areas with more space, a lower cost of living, or better opportunities for remote work. The latest data from the National Association of Realtors shows that 26 states have seen an increase in migration, while 25 states have experienced a loss of residents.
Florida was the fastest-growing state in 2022, with a population increase of 1.9% for the first time since 1957. This was due to a combination of positive net domestic migration and positive net international migration. The Tampa-St. Petersburg-Clearwater metro area was one of the areas that saw the largest influx of residents, with an inbound rate of 52.4%. This led to a 20% increase in the median list price for a home in this area.
Tampa St. Pete Clearwater are not alone in growth. Sarasota-Bradenton-Venice and Lakeland were also on the list of popular relocation destinations, with inbound rates of 53% and 54% respectively. Despite the rising cost of housing, Tampa Bay was named the fourth-best area for remote workers due to its low cost of living and access to sports amenities.
Florida and Texas were the two states that saw the highest inbound migration in 2022, with six of the top 10 markets located in either the Sunshine State or the Lone Star State. On the other hand, California, New York, and Illinois experienced the largest net domestic outmigration. TBBJ
