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Suddenly, Wealthy Americans Are on the Move Too

In households making over $150,000 annually, 16% of workers moved.

By Les Shaver | May 12, 2021 at 07:14 AM

Between April 2020 and April 2021, 16% of American workers moved. That is the first increase in over a decade. In fact, the number of people who change residence each year had been declining since the mid-1980s.

Over the last decade, households earning over $150,000 were the least likely to move, according to Apartment List. In 2010 the Census Bureau’s mover rate was 27% among workers living in households earning less than $25,000. For households earning $150,000 or more, it was only 9%.

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