There might be a waning sheen to the Golden State.
Because of the high cost of living, politics, and violence, several parts of California are losing population.
The US Census Bureau estimates that between 2021 and 2022, over 800,000 Californians left the state. When the number of new residents is subtracted, California lost nearly 350,000 people.
The sixty-three-year-old businessman Bob Giramma left San Diego and relocated to the town of Murfreesboro, Tennessee, which is located thirty miles southeast of Nashville. Giramma wanted to leave California in search of a more affordable and tranquil living.
Giramma told Business Insider, “We were not attached to any community, so we searched for a location that was more in line with the future path for us.” “That was not in line with California. It’s in Tennessee.”
Florida, Texas, and Arizona are among the states that Californians frequently relocate to. Colorado and Oregon are other popular states for former Californians.
According to home-listings website Redfin, which keeps track of where its users are looking for a place to live, people who live in some of the most populated cities in California—Los Angeles, San Diego, and San Francisco—are now eyeing other locations. The number of people who visited for-sale properties on Redfin.com between August 2023 and October 2023 was examined by Redfin in order to “measure the share of homebuyers looking to relocate from one metro to another.”
On Redfin’s most recent list of the top 10 places that homebuyers are eager to leave, San Francisco, Los Angeles, and San Diego were all mentioned. California was the only state with more than one city on the list.
Redfin also discovered that those wishing to relocate from San Francisco, Los Angeles, and San Diego are most frequently looking for properties in Las Vegas and Seattle.
Due to its thriving tech environment, Seattle emerged as the most popular out-of-state destination for San Franciscans, while Las Vegas attracted movers from both Los Angeles and San Diego.
The Census Bureau reports that during 2021 and 2022, 49,968 and 48,836 Californians moved to Washington state and Nevada, respectively. Particularly millennials are gravitating into Seattle. 93,302 millennials relocated to Seattle in 2022, according to census data.
Local real estate agent Andrew Arevalo told Business Insider that he has seen many Californians select Las Vegas, and that the city attracts to relocators, at least in part, because of its lower housing costs and Nevada’s absence of income tax.
Arevalo told Business Insider, “I think Vegas is the new Colorado.” “The number of visitors from out of town has migrated from Denver to Vegas. It has now formally assumed control.”