5 Interesting Moving Stats From Around the World

In the current fast-paced world, moving to a new city or country has become very common. From individuals to corporates, moving is part of the journey mainly incentivised by potential growth.

The idea of starting a new life in a new place might sound exciting, but the process of packing and moving is dreaded by most. Due to this reason, the packing and moving industry around the globe are growing at an exponential rate.

Let’s take a look at a few interesting stats about the moving and packing industry.

1. According to the United States Census Bureau, approximately 43 million people moved to the United States in 2019. This data does not account for the reasons for the move. It could range from financial issues to career-oriented purposes. The study also mentions that an average individual will move 11.7 times in their lifetime.

2. Almost 60% of the moves take place in the summer season, between May and September. This not only affects the moving company but inflates the real estate market as well. If you are planning on a move, you need to keep this in mind and plan well in advance.

3. The average cost of moving:

• Interstate move: 4100 USD
• Intrastate move: 980 USD
• Per local mover charge: 25 USD per hour.

4. The average number of moves between different generations:

• Baby Boomers: Once every 5.7 years
• Generation X: Once every 3.7 years
• Millennials Once every 2.2 years

5. Real estate agents harp on location all the time, and there might be some truth to it. Most individuals were happier and less likely to move, closer they lived near their families. Thirty-four per cent of people surveyed lived within 10 miles of where they grew up, and another 23 per cent only moved between 11 and 50 miles away.

The moving industry is continuously evolving according to the changing trends and needs. Therefore, the services need to cater to an individual’s entire moving journey from start to finish.

If you are looking to move and are worried about the logistics of moving and packing. Contact Us Now!

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