Allied Van Lines: Moves Drop In 2024, but Midsize Cities Popular

(Image courtesy of Allied Van Lines; Breakout image courtesy of RDNE Stock project/pexels.com)

Allied Van Lines, Oakbrook Terrace, Ill., released its U.S. Migration Report, analyzing where people are moving in the U.S., and reporting that moves decreased slightly–by 7%–between 2023 and 2024.

Allied attributed the dip in moves through the year to fluctuating mortgage rates and economic uncertainty.

The top inbound states for moves were North Carolina, South Carolina, Tennessee, Georgia and Virginia. Specifically, the top cities were Charlotte, N.C., Greenville, S.C., Raleigh, N.C., Nashville, Tenn., and Dallas.

Allied pointed to more affordable housing and economic stability in such areas as compelling–the same areas have seen an increase in job opportunities and industry over the past few years.

The top five outbound states were Illinois, California, Pennsylvania, Washington and Colorado, with the top five outbound cities as Chicago, Detroit, Los Angeles, San Diego and Seattle.

“As we see a drop in interstate moves for the second consecutive year, it’s clear that factors like rising mortgage rates, inflation, work-from-home culture and the search for affordable living are reshaping how and where people choose to relocate,” said Steve McKenna, Vice President and General Manager for Allied Van Lines. “The continued migration to Southeastern states reflects the growing appeal of regions offering economic stability, lower costs of living, and expanding job markets in industries like tech and health care.”

Timing of moves shows a clear trend too, Allied said.

People like convenience and non-disruptive times to move. The most popular days to move were recorded as Friday, Tuesday and Wednesday. The most popular months to move are June, July and May.