Americans are making a mass exodus from big cities according to Census Bureau data
New numbers show people are bolting out of New York, according to the latest Census Bureau data.
Nearly 80,000 people left New York City just last year, according to the latest Census Bureau data.
The motivation for many is that big-city rents are increasing and people are looking for a more affordable lifestyle.
«Good luck to anyone trying to move find an apartment. It’s not easy,» said New York City resident, Sophie Aldoh.
RISING RENT PRICES PUSH RECORD NUMBER OF AMERICANS TOWARD HOUSING CRISIS, PROMPTING LEGISLATIVE ACTION
According to the Census Bureau, on average, counties in the South experienced faster growth in 2023 than in 2022. (Kailey Schuyler / Fox News)
Realtors in New York City are seeing prices for apartment rentals jumping double digits.
«Prices are definitely up. In the last two years, I would say they went up a good 30 to 35%,» said Alpha Properites head Licensed Real estate Broker, Sunny Zachi.
That's the exact reason Olivia Mitros decided to leave New York City and start a new life in Georgia.
«I just realized, you know, there are a lot of other really large U.S. cities that I could live in, that I can have so much more just for the money I make,» said Mitros.
RENT PRICES IMPACTED BY 'APARTMENT-BUILDING BOOM,' REDFIN CHIEF ECONOMIST SAYS
One-bedroom rentals are up $24 a month from 2022. (Kailey Schuyler / Fox News)
The average price of a one-bedroom apartment in the United States is $1,208. That's up $24 a month from 2022.
Zachi partially blames the pandemic for the uptick in rent prices across the country.
"During that time, less and less developers built new apartment buildings. We are seeing that effect now. So there was about a quarter of what should have been built that was built in
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