Think people are moving to Atlanta for jobs? Think again.

by Lydia Bhattacharya

 

Overall mobility rates in the U.S. have substantially slowed since the 1950’s, but that may not be the only change related to cross-country moves. Using data from the U.S. Census to analyze domestic migration patterns, STORAGECafé, a blog run by commercial real estate research and data platform Yardi Matrix, profiled the incoming populations of the 10 major metropolitan areas across the country. Additionally, they compiled data on the general movement of people between states.

One interesting takeaway at the national level is generational: Though you might expect the youngest adults in the country to be the most mobile, it’s actually Gen Xers who are relocating the most. That generation, in their 40s and 50s, made up 40 percent of those moving to large urban centers, with millennials coming in at 32 percent.

As we’ve noted before, Georgia is a popular destination for out-of-state movers. The Atlanta metro area had the fourth largest amount of people migrating there on the STORAGECafé list, at about 76,000, resulting in 1.8 percent population growth year over year.

The main reason people moved to the Atlanta-Sandy Springs-Roswell area was to find a better neighborhood. More than 17 percent of respondents cited this as the reason for their inbound migration, the highest percent for all major U.S. metropolitan areas in the study. Additionally, Atlanta’s affordability made it the most attractive city for incomers on the hunt for lower housing costs.