The trend of moving among high-income Americans increased significantly in 2022, with about 10.8% relocating, showcasing their ability to seek better living conditions and environments.
High-earners, earning at least $75,000 annually, represent a large segment of movers; their relocation choices reflect preferences for newer, larger, or simply better housing options.
Despite significant moving costs averaging around $2,200 for a three-bedroom home, the data reveals that high-income individuals are more likely to move than lower earners.
Notably, certain counties have emerged as favored destinations for high-income movers, indicating that their choices are guided by desired lifestyle and financial opportunities.
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