White Paper: Pandemic’s Impact on Migration Less Than Expected
The pandemic may not have been nearly as big of a catalyst for movement as anticipated, foot traffic analytics firm Placer.ai says in a new white paper. Although some cities saw people move away, many stayed close by, moving to nearby suburbs. Furthermore, much of the internal U.S. migration over the past two years followed trends already in place pre-pandemic.
The white paper notes that cities and states whose popularity was rising pre-COVID continued to grow, while some more stagnant areas experienced declines. Florida, Texas, and Arizona saw their populations increase by 2% to 4% since 2019, while New York and California saw declines of 1% to 2%.
Neighborhoods can create their own economic and residential reality, the white paper states. Ultra-local migration doesn’t always follow the patterns of the wider region. “For example, Fulton Market in Chicago is growing fast, even as Illinois’ population somewhat declines,” according to Placer.ai.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).