The millennial generation, those born between 1982 and 2000, are fleeing blue states.
A report from HireAHelper found that while only half as many millennials are moving to new states compared to a decade ago, they are likely staying due to high mortgage rates.
“[High mortgage rates and low home sales] could explain why the amount of those in this generation who move has steadily declined,” the report said. “The share of millennials who moved last year is half of what it was just a decade ago.”
Of the millennials who relocated in 2023, however, most fled New York, California, Massachusetts, and Illinois.
Texas saw the greatest influx of millennials.
“Last year, the Lone Star state welcomed almost 400,000 millennials as new residents, which is nearly 10% of all the cross-state moves made by millennials in 2023,” according to the report.
American Faith reported that data released by the U.S. Census Bureau found that red states have experienced a population surge.
“In 2023, more states gained population than has been seen since the start of the pandemic,” the report read, adding that the “increasing number of states with population growth reflects both the broad national trends of deaths and net international migration returning to pre-COVID levels as well as reduced net domestic outmigration for some of the states.”
The states with the greatest population losses include California, Hawaii, Illinois, Louisiana, New York, Oregon, Pennsylvania, and West Virginia.
States with the greatest population growth include Texas, Florida, North Carolina, Georgia, South Carolina, Tennessee, Arizona, Virginia, Colorado, and Utah.