The coronavirus crisis has forced a lot of folks to really take a look at their lives, and it seems a good number of Americans have decided it’s time to move.
A new Fast survey finds:
- COVID-19 has gotten 35% of Americans thinking about relocating to a new city or town.
- As for why:
- 40% are considering a move to a less populated area.
- 36% are thinking about moving somewhere with more opportunities to work remotely.
- 31% are looking to decrease their living costs.
- Overall, folks in the West are the most likely to be thinking about moving (43%), followed by:
- The Northeast (36%)
- The South (35%)
- The Midwest (22%)
- Those most likely to be considering a move include folks 18 to 34 (41%), and 35 to 49 (40%).
- Men are twice as likely to be thinking about a move than women (44% vs. 24%).
- Those making $150K or more are the most likely to be thinking about relocating (49%).
When it comes to relocating for work, there are certain things that are more likely to motivate someone to pick up and go.
- Currently, having the flexibility to work remotely is the top reason folks would relocate (66%), followed by:
- A generous paid time off policy (51%)
- 401(k) matching (48%)
- Professional development stipends (39%)
- Wellness stipends (35%)
- Paid time off to volunteer (28%)
- Catered snacks or meals (23%)
Source:Yahoo Finance