California Migration Trends
Despite reports of Americans leaving California for lower cost of living areas, a new report shows California as the second most popular state for Americans to move to in 2024.
Key Points
- California is the second most popular state for Americans to move to in 2024
- California's high cost of living is a significant factor in residents leaving the state
- Despite challenges, California's lifestyle, natural scenery, and climate continue to attract new movers
- The state's future depends on addressing its affordability crisis
Pros
- California remains one of the most desired states for people to move to in the United States
- High migration rates reflect California's powerhouse economic status and thriving industries
- Many are moving into or back to California to be closer to friends and family
Cons
- California has seen 700,000 adults leave the state since 2014 due to housing as a primary reason
- High cost of living, housing shortages, and steep taxes are driving residents away