The moving industry is a fascinating snapshot of how people, businesses, and entire communities adapt to change. Each year, millions of Americans relocate for opportunities, family, or lifestyle changes, creating a ripple effect that touches everything from real estate markets to employment trends.
Understanding the numbers behind these moves isn’t just about logistics—it reveals patterns in economic growth, housing trends, and even societal shifts. From the most popular moving destinations to the busiest seasons for relocation, these statistics paint a vivid picture of a constantly moving society.
Here, we take a look at the defining moving industry statistics, highlighting key facts, trends and insights that not only tell us where people are going but also why it matters.
1. The Moving Industry Generated $86 Billion in Revenue in 2021
Each year, 31 million Americans relocate, fueling a moving industry that generated $86 billion in 2021. This staggering revenue reflects the scale and economic importance of the industry in facilitating life changes across the country.
2. 15.3 Million American Households Move Annually
Every year, over 15 million households in the U.S. pack up and move. This high volume highlights how frequently Americans embrace change, whether for new opportunities or personal reasons.
3. 3 Million Americans Make Interstate Moves Each Year
Approximately 3 million people move across state lines annually, with an average cost of $4,100 per move. These long-distance moves often reflect significant life transitions or career opportunities.
4. One in Ten Americans Moves Every Year
Around 10% of the U.S. population moves annually, showcasing the mobility of American society. This steady rate demonstrates how common relocating has become in modern life.
5. Americans Move an Average of 11.7 Times in Their Lives
On average, people in the U.S. move nearly 12 times during their lifetime. These moves often represent major milestones such as career changes, family growth, or downsizing in retirement.
6. Fewer People Move Today Than in the 1960s
The number of people moving each year has dropped by 50% since the 1960s. This decline may be attributed to rising housing costs, economic factors, or changes in societal mobility trends.
7. Summer Is the Most Popular Time to Move
Nearly 60% of all moves in the U.S. occur between May and August. This seasonal trend aligns with summer vacations, making it a practical time for families and individuals to relocate.
8. Interstate Moves Account for Only 10% of All Moves
In 2019, 9.8% of Americans moved, but just 10% of those moves crossed state lines. Most moves are local, highlighting the importance of community and proximity in relocation decisions.
9. Over 122,000 People Work in the Moving Industry
The U.S. moving industry employs more than 122,600 workers with a combined payroll exceeding $3.5 billion. These jobs support a critical service for individuals and businesses nationwide.
10. The Moving Industry Has Grown by 3% Annually Since the Recession
Since the Great Recession, the moving industry has seen consistent annual growth of around 3%. This growth underscores the sector’s resilience and importance to the economy.
11. The Self-Storage Industry Generated $39.5 Billion in 2021
Closely tied to the moving industry, the self-storage sector generated nearly $40 billion in revenue in 2021. This reflects how moving often creates a demand for temporary storage solutions.
12. Interstate Moves Cost Over $4,000 on Average
Moving to a new state comes with a significant price tag, averaging more than $4,000. Costs can vary widely depending on the distance and services required.
13. Local Moves Cost Less Than $1,000 on Average
In-state moves typically cost under $1,000, depending on factors like distance and the size of the move. This affordability makes local relocations more accessible for many people.
14. Local Movers Earn an Average of $25 Per Hour
The average pay for movers in the U.S. is $25 per hour, reflecting the physical demands and skill required for the job. This wage helps attract workers to a growing industry.
15. Renters Are More Likely to Move Than Homeowners
Renters move far more frequently than homeowners, given their shorter lease terms and lower attachment to properties. This trend influences demand in the moving market.
16. One-Bedroom Homes Account for 28% of Moves
People with one-bedroom homes are the most likely to relocate, representing 28% of moves. Smaller spaces often mean greater flexibility and mobility.
17. The U.S. Has Around 50,000 Moving Trucks
Approximately 50,000 moving trucks operate across the country, providing essential support for residential and commercial moves. These vehicles are vital to the industry’s operations.
18. Half of U.S. Moving Companies Employ Fewer Than Five People
Nearly 50% of moving companies in the U.S. are small businesses with fewer than five employees. These firms provide personalized services that cater to local markets.
19. Less Than 10% of Moving Companies Employ Over 100 People
Only a small percentage of moving companies have more than 100 employees. The industry remains dominated by small and mid-sized businesses.
20. 7,000 Moving Companies Operate 14,000 Locations Nationwide
The U.S. is home to about 7,000 moving companies, collectively running nearly 14,000 locations. This widespread presence ensures services are available in most communities.
21. Millennials Move Less Frequently Than Previous Generations
Just 20% of millennials move annually, compared to 26% of Baby Boomers and Gen X at the same age. Economic and lifestyle factors may contribute to this generational shift.
22. Friday and Saturday Are the Busiest Moving Days
Fridays and Saturdays account for 20% and 18% of all moves, respectively. These days are popular due to their proximity to the weekend, offering more time to settle in.
23. Most Moves Cover Less Than 50 Miles
More than 40% of U.S. movers relocate within a 50-mile radius. This trend emphasizes the importance of staying close to family, work, or familiar surroundings.
24. 1.35 Million People Move Without Assistance Each Year
Over 1.35 million people handle their own moves annually, with 1 million renting moving trucks and 650,000 hiring professional help. DIY options remain popular for cost-conscious movers.
25. Housing Is the Top Reason for Moving
Nearly 48% of moves in the U.S. are housing-related, with 17.4% driven by the desire for a better home or apartment. Family and job opportunities follow as common motivators.
26. Moving Generates Significant Waste
Relocations produce 900 million cardboard boxes and 8.4 million tons of trash annually. These environmental impacts highlight the need for sustainable moving practices.
Understanding the Moving Industry
The moving industry plays a vital role in shaping how people and businesses adapt to change. With millions of moves happening each year, the industry provides a glimpse into societal trends, economic patterns, and the evolving needs of individuals and families. From local relocations to interstate migrations, the numbers offer insights into the dynamic nature of the moving sector, which moving companies can use to inform their business strategy.
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