Why homeowners are moving
June 13th, 2014 by
According to U.S. Census Bureau data, about 36 million American homeowners moved from 2012 to 2013. The top reason?
A whopping 48% of movers said housing was the top motivator, followed by family (30.3%), employment (19.4%) and other (2.3%). The chart above digs into the specific reasons by grouping. Interesting stuff, huh?
The data — in case you don’t have time for a deeper dive — also suggests that males are more inclined to move for job-related reasons than females, and married respondents are least likely to move for family-related reasons. Additionally, several individual reasons, such as “change of climate,” “health reasons” and “natural disaster,” were each cited as the main reason for moving by fewer than 1 percent of householders.
To see more from the U.S Census Bureau, check out the release here.