{"id":79609,"date":"2025-04-16T05:30:39","date_gmt":"2025-04-16T12:30:39","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=79609"},"modified":"2025-04-15T13:57:47","modified_gmt":"2025-04-15T20:57:47","slug":"slowing-migration-florida-texas-2024","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/slowing-migration-florida-texas-2024\/","title":{"rendered":"Florida and Texas Are Gaining Residents at a Much Slower Rate Than They Used To, Eating Into Homebuyer Demand"},"content":{"rendered":"

The rising cost of housing and the increasing frequency of natural disasters are slowing migration to certain Florida and Texas metros.\u00a0<\/span><\/i><\/p>\n

The flow of U.S. residents moving into Florida, Texas and other parts of the Sun Belt slowed significantly in 2024.<\/span><\/p>\n

Tampa<\/a> had a net inflow of just over 10,000 residents in 2024, less than one-third the 35,000-person net inflow the year before, marking the biggest slowdown in domestic migration of the 50 most populous U.S. metros. Net inflow is how many more U.S. residents move into a metro area than move out; it includes domestic moves only.\u00a0<\/span><\/p>\n

Dallas<\/a> saw the next-biggest slowdown, with a net inflow of roughly 13,000 residents in 2024, down from 35,000 the year before. Next comes Atlanta<\/a>, which had a net <\/span>outflow<\/span><\/i> of nearly 2,000 in 2024, meaning 2,000 more U.S. residents moved <\/span>out<\/span><\/i> of the metro than in. That\u2019s compared to a net <\/span>inflow <\/span><\/i>of 17,000 the year before.\u00a0<\/span><\/p>\n

Next came Houston, Miami, Orlando, Fort Lauderdale, San Antonio, Fort Worth and Austin.\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Top 10 metro areas where net domestic migration fell most in 2024<\/b><\/p>\n

Net domestic migration = the difference between the number of U.S. residents moving into a metro area and the number moving out of that same metro area<\/span><\/i><\/td>\n<\/tr>\n

U.S. metro area<\/b><\/td>\nChange in net domestic migration: 2023 to 2024<\/b><\/p>\n

\u00a0<\/b><\/td>\n

Net domestic migration: 2024<\/b><\/td>\nNet domestic migration: 2023<\/b><\/td>\n<\/tr>\n
Tampa, FL<\/b><\/td>\n-24,376<\/span><\/td>\n10,544<\/span><\/td>\n34,920<\/span><\/td>\n<\/tr>\n
Dallas, TX<\/b><\/td>\n-22,302<\/span><\/td>\n12,927<\/span><\/td>\n35,229<\/span><\/td>\n<\/tr>\n
Atlanta, GA<\/b><\/td>\n-18,466<\/span><\/td>\n-1,803<\/span><\/td>\n16,663<\/span><\/td>\n<\/tr>\n
Houston, TX<\/b><\/td>\n-18,221<\/span><\/td>\n21,240<\/span><\/td>\n39,461<\/span><\/td>\n<\/tr>\n
Miami, FL<\/b><\/td>\n-16,781<\/span><\/td>\n-67,418<\/span><\/td>\n-50,637<\/span><\/td>\n<\/tr>\n
Orlando, FL<\/b><\/td>\n-15,578<\/span><\/td>\n779<\/span><\/td>\n16,357<\/span><\/td>\n<\/tr>\n
Fort Lauderdale, FL<\/b><\/td>\n-11,464<\/span><\/td>\n-26,339<\/span><\/td>\n-14,875<\/span><\/td>\n<\/tr>\n
San Antonio, TX<\/b><\/td>\n-11,122<\/span><\/td>\n18,981<\/span><\/td>\n30,103<\/span><\/td>\n<\/tr>\n
Fort Worth, TX<\/b><\/td>\n-9,557<\/span><\/td>\n11,623<\/span><\/td>\n21,180<\/span><\/td>\n<\/tr>\n
Austin, TX<\/b><\/td>\n-8,239<\/span><\/td>\n13,980<\/span><\/td>\n22,219<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The migration figures in this report are from a Redfin analysis of U.S. Census Bureau data. It focuses on the 50 most populous U.S. metro areas as of 2024, the most recent year for which data is available. The difference between 2023 and 2024 is calculated from July 2023 to July 2024. Net domestic migration is the difference between the number of U.S. residents moving into a metro area and the number moving out. If there is net <\/span>inflow <\/span><\/i>into a metro area, there are more residents moving in than out. If there is net <\/span>outflow<\/span><\/i>, there are more residents moving out than in. This metric includes domestic moves and excludes international moves.\u00a0<\/span><\/p>\n

There are several reasons migration to the Sun Belt is slowing, particularly in Florida and Texas:<\/b><\/p>\n