The move to New York City is often excited. Many newcomers are attracted to the Arts scene, nightlife and career opportunities. But it is also expensive – that's why so many New Yorkers want to move out. According to a streetasy report, both groups have something in common.
In order to find out who will move into and from New York City in 2025, the researchers analyzed search data on Zillow (whom Streeteasy owns) and pursued the number of page views for sales lists in each U -Bahn area 2024 and the U -Bahn areas from which the search queries came.
Philadelphia led the list with most residents looking for houses in the New York City region. The Washington, DC, was the second, followed by Miami, Boston and Los Angeles.
Philadelphia took first place in Miami in 2023, but the difference between the two was a “close call”, said Kenny Lee, Senior Economist at Zillow and Streetasy. Similar to New York City and Philadelphia, Miami and New York have a relationship between “rotating door,” he said.
According to the report, it was not surprising that Philadelphia was also the most sought -after goal for New York, who think about leaving and breaking Miami from the results in 2023 again. Atlanta, Boston and Tampa, Florida, followed.
Why is Philadelphia so popular with the New Yorker? Tobility is a factor together with the lifestyle and the labor market, suggested Mr. Lee. In January, the average inquiries from New York City was 3,600 US dollars, and the average price for average was 1.1 million US dollars, according to Streetasy. In Philadelphia, the typical rent was 1,721 US dollars and the typical price for $ 216,914 according to Zillow data. (Mr. Lee said that the data for the median rent and the data from Zillow are most comparable to “typical” rent.)
The proximity of Philadelphia can bring other advantages for New York, like everyone else who is more on a great cheese steak than a great amount of pizza or a half -turn football team.
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