Moving Industry Statistics

Many people don’t realize how big the moving industry really is.

Just under 40 million Americans move every year and there’s a huge, multi-billion industry to support all that moving.

moving industry statistics

With so many people on the move, the industry generates a lot of really interesting data.

Whether you’re tracking moving industry trends, household moving, or where people are moving, we’ve got all the data you’ll need to get a feel for what’s going on.

Moving Companies

  • There are approximately 16,002 companies in the moving industry.[2]
  • Companies within the American Moving & Storage Association report operating 50,000 trucks and 32,000 tractors for pulling straight trucks and semi trailers.[1]
  • California, Texas, and Florida have the highest density of moving services in the United States. [3]
  • The American moving industry has experienced 2.8% growth within the past year.[2]

Moving Industry Employment

  • Moving companies employ 122,600 people and have a $3.6 billion annual payroll.
  • The American Moving & Storage Association consists of 7,000 moving companies which operate out of 13,900 locations across the country. [1]
  • 47.8% of companies in the moving industry are small businesses which employ fewer than 5 people.[1]
  • Only 8.5% of moving companies employ more than 100 people.[1]

Moving Services & Pricing

  • An interstate household move costs around $4,300 on average. [5]
  • $2,300 is the average cost of an intrastate move. [5]
  • Each local mover hired charges, on average, $25 per hour. [5]

Why Are People Moving?

  • Overall, renters tend to move more often than homeowners.[4]
  • 16% of total movers are relocating to new homes.[4]
  • 7.3% of people moving are transitioning from renting to owning their home.[4]
  • People looking to find cheaper housing make up 8.3% of movers.[4]

When are people moving?

  • Friday is the most popular day of the week to move, with Saturday and Monday being tied for second.[4]
  • Around 36% of moves take place in the summer months.[4]
  • Moving slows down a lot during the winter and the fewest moves happen in December, accounting for 6% of total moves.[4]
  • June is the most common month to move, making up roughly 13% of the year’s relocations.[4]

Moving Location Stats

Knowing where people are moving is a pretty important factor in determining how resources are distributed and explain why companies offer certain services in certain areas.

Moving Within the United States

  • In 2017, local moves accounted for 35% of total moves in the US which is a 5% decrease from the previous year.[4]
  • The top three cities for local mores are New York City, Chicago, and Houston.[4]
  • The three states with the most local moves are California, Texas, and Florida.[4]
  • In 2017, interstate moves made up 65% of total moves in the US, a 5% increase form the previous year.[4]

moveBuddha City Rankings

In an attempt to figure out which other are attracting the most movers, we took a look at all the data from our move cost calculator to determine which areas were most searched as moving destinations in 2017.

Sources:

  1. American Moving & Storage Association, About Our Industry
  2. IBIS World, Moving Services – US Market Research Report
  3. Movers & Moving, MOVING BUSINESS FACTS AND STATISTICS
  4. My Moving Reviews, Moving Industry Trends 2017: Numbers Can Talk
  5. My Moving Reviews, What is the Average Moving Cost?
  6. US Census Bureau, State-to-State Migration Flow