Top Reasons People are Moving to Florida

Weather and Climate: Florida’s warm and sunny climate, access to the Atlantic Ocean and Gulf of Mexico, is a major draw for many newcomers.

Job Opportunities: Young people are being lured to Florida by job opportunities, particularly in industries that allow remote work.

No State Income Tax: Florida’s tax-friendly environment, with no state income tax, is attractive to individuals and businesses.

Affordability: Compared to other popular destinations, Florida’s housing market remains relatively affordable, making it an attractive option for those looking to relocate.

Growing Economy: Florida’s economy is growing, driven in part by the influx of young people, making it an attractive option for entrepreneurs and professionals.

Retirement: While not exclusively a retirement destination, Florida’s warm climate and relaxed lifestyle also appeal to retirees.

Laws: Some individuals, particularly Republicans, are moving to Florida due to its perceived conservative politics and laws, such as permitless carry and book bans.

Demographic Shift: Florida’s population is growing, with a net gain of 417,000 new residents in 2022, making it the fastest-growing state in the country. Millennials, in particular, are driving this growth.

Cities: Specific cities, such as Palm Bay-Melbourne, Ocala, and Sarasota-Bradenton, are experiencing significant growth and attracting new residents.

Businesses: Florida recorded an 86% net gain in new businesses in 2023, making it an attractive location for entrepreneurs and startups.