In 2023, only two of the top 10 cities where Americans earning $150,000 and above relocated were in Florida.

According to a HireAHelper.com analysis of Census Bureau data, households from the top 20% of earners, who make $150,000 or more annually, are the least likely income group to relocate in 2023.

Of the households that relocated, only 6.5% did so, which is lower than the 9% of households in the bottom 20% of earners (less than $30,000 per year) who moved.

The Census Bureau confirms that higher earners are more likely to own their homes, while owners are less likely to move than renters, according to HireAHelper's research.

In 2023, high-income households that moved were more likely to relocate out of state than low-income households, according to HireAHelper's findings.

High-income households that relocated mostly remained in the same county, with 53% staying put.

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In 2023, high earners in the Deltona-Daytona Beach-Ormond Beach metro in Florida experienced the highest net gain, while only one other Florida metro, North Port-Sarasota-Bradenton, made the top 10 for net population growth among this income group.

Other popular destinations include Bryan, Texas, and Santa Barbara, California.

The 10 metros with the greatest population growth among high-income earners ($150,000 per year or more) are:

High-income earners are not all concentrated in one state, but they seem to be drawn to the South. Out of the 10 metros with the largest increases in high-income population, five are located in Florida, Texas, and Tennessee.

In 2023, high earners were more likely to move for new or better housing than low-income Americans, with nearly 18% of high-income movers citing this reason, compared to 12% of those earning less than $30,000 a year. On the other hand, high earners were half as likely as low-income Americans to say they moved for cheaper housing, with just 6% of top-earners citing affordability as a motivation to move, compared to 18% of those earning less than $30,000 a year.

A job transfer or new job was the primary reason for high earners to relocate, with a 12% likelihood.

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