Americans Moved Less Than Ever Last Year

In 2024, only 11% of Americans moved nationwide, making for a historic low, according to Point2Homes. 

This number has steadily declined over the years. A decade earlier, in 2014, 14.3% of people moved. In the 1960s, approximately 20% of people were changing residences each year. 

Why are fewer Americans moving now? 

Mobility rates can be attributed to a combination of factors, including rising housing costs, the increase in remote work flexibility, economic instability, job market challenges and more.  

In Pennsylvania, 9.6% of people – equal to about 1.2 million – moved last year, tying the commonwealth with California for the fourth state with the lowest mobility rate. Neighboring states New Jersey and New York also experienced lower rates (7.8% and 8.5%, respectively). 

More renters than owners moved in Pennsylvania last year. For same-state movers, 58.3% were renters, and 41.7% were owners. For interstate movers, 59.4% were renters and 40.6% owners. 

Additionally, Philadelphia ranked no. 11 on the list for cities that attracted the most movers from other states. In 2024, 22.3% of the people who moved to Philly came from out of state. The city also saw more renters than owners moving (71.9% for same-state movers and 75.4% for interstate movers).