Cheap Southern States Netted Migrants Post-Pandemic
Location influenced interstate migration after the pandemic, but price moved people the most.
According to a new report from LendingTree, the states that netted the most new residents from 2021 to 2022 were cheaper Southern states.
Florida and Texas led the pack, netting 249,000 and 174,000 new residents, respectively.
“Florida is an often affordable state where there’s typically a lot to do, plenty of places to eat, and year-round warm weather,” LendingTree senior economist Jacob Channel noted.
He also noted that popular Southern states aren’t migration hotspots because they’re perfect.
“Florida isn’t some sort of perfect utopia where everyone should live. The state has plenty of problems, and if it doesn’t start putting more effort toward supporting lower-wage workers and…