The share of Americans moving has reached its lowest in history, with only 8.7% relocating in 2022 compared to 1 in 5 in the 1960s.
Younger people are increasingly delaying major life milestones, such as marriage and starting families, leading to slower local and inter-county moves.
Sky-high housing prices are a significant barrier, preventing individuals from moving into new homes or buying their first homes, complicating the relocation process.
While interstate migration has ticked up recently, particularly post-pandemic, it still reflects a long-term decline, showing disparities based on education levels.
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