The National Association of Realtors collected change-of-address data from March to October this year in order to find the number of Americans who have relocated during the pandemic. A total of 8.93 million Americans moved during the eight month stretch, which is a 94,000 increase compared to 2019. The greatest number of moves happened in March as 1.23 million relocated. On top of that data, NAR also calculated net migration by state and found 34 states had gains in net migration. New Jersey, South Carolina, and Maryland saw the highest net migration gains.
Specifically, in New Jersey, 2,032 more people moved in to the state compared to those who left. In contrast, New York, Texas and the District of Columbia were the states losing the most people during the pandemic. In New York, 2,847 more people moved out from the state compared to those who moved in. However, keep in mind that the data is not a full year comparison. A 12-month comparison will be a better read about the true migratory trends. For example, we know that Texas always draw more new residents to the state every year, but the period covered is over several hot summer months where Texans may go elsewhere to escape the heat, and therefore shows a net negative trend in the data set.
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