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| New York skyline (Courtesy Tickets & Tours) |
Commack, NY -- All Star Home analyzed recent U.S. Census Bureau data to assess the longevity of homeowners in the 300 most populous cities.
The analysis focused on homeowners
residing in their current homes for 14 years or more to gain insights into the
areas where Americans choose to put down roots.
Key
Takeaways:
- Nationally, 35% of
Americans have lived in their homes for 14 years or longer.
- Nearly 1 in 5 Americans have only lived in
their current home for 2 years or less.
- New York, NY, Santa
Ana, CA, and Laredo, TX, are the top three cities where homeowners stick
the longest.
- Sterling Heights, MI, Dayton, OH, and Joliet,
IL, are the most affordable cities where homeowners stick the longest.
- Residents in Simi Valley, CA, Lowell, MA, and
Billings, MT, are the most common to have lived in their home for two
years or less.
Whether it’s for jobs, the “energy” people
feel in the city, the lifestyle, or the diversity of cultures and things to do,
people don’t just dream of moving to New York, they tend to stick.
Despite some touting a mass exodus from the
Big Apple, nearly 40% of New York residents who moved in 14 or more years ago
have remained, making it the top city on our list.
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| Santa Ana, CA |
Barely eclipsed by New York and coming in at second, Santa Ana, CA, draws and keeps residents with its ideal climate and proximity to beautiful beaches. Although the cost of living is high — but not as high as New York — Santa Ana offers residents a mix of an urban vibe with a suburban feel, and 39.57% of its residents who moved in over a decade ago have decided to stick around.
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| Laredo, TX |
Third on our list, Laredo, Texas boasts a growing city with plenty of outdoor activities, especially centered on the Rio Grande. A border city where cultures blend, Laredo is filled with parks and a decidedly suburban feel, but it also has a varied and bustling nightlife with something for everyone.
Not all cities are worth sticking around for.
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| Orlando, FL skyline |
Orlando, FL, Irvine, CA, and North Las Vegas, NV, had the fewest longstanding homeowners. Whether it’s the landlocked aspect of the city or the millions of travelers from around the world who descend upon Orlando for its various theme parks, 16.54% of residents have not stuck around, making Orlando the least likely city in which homeowners will stick.
CONTACT:
Matt Zajechowski
Matt@Northstarinbound.net
