Relocation Management Statistics 2024 – Everything You Need to Know

• It’s estimated that 40% of expat assignments and relocations end in failure and the country. ^[3]

Relocation Management Latest Statistics

• 18,089 Employee Relocation Services Employees in the US in 2024 1.1% Employee Relocation Services in the US Employment Growth in 2024 0.5% Employee Relocation Services in the US Annualized Employment Growth 2017–2024. ^[4]
• The number of people employed in the Employee Relocation Services industry in the US increased 0.5% on average over the five years between 2017 and 2024. ^[4]
• $14.1bn Employee Relocation Services in the US Market Size in 2024 1.2% Employee Relocation Services in the US Market Size Growth in 2024 1% Employee Relocation Services in the US Annualized Market Size Growth 2017–2024. ^[1]
• According to industrywide annual expenditure statistics , over $20 billion is spent by businesses during local and long. ^[5]
• In fact, about 60 percent of companies utilize relocation specialists. ^[5]
• Roughly 61 percent of employees say trusting senior management is paramount for job satisfaction. ^[5]
• Roughly one in five Americans (22%). ^[0]
• However, that reason only accounted for 40% of all moves, which is a notable decrease compared to previous years. ^[0]
• According to one recent study, 48% of millennials – the largest block of the U.S. workforce (35%). ^[0]
• Conversely, 35% reported living in a city, down from 38% the previous year. ^[0]
• For workers under 30 years old, it’s even more pronounced, with 76% answering so. ^[0]
• Since last March, LinkedIn has reported a 60% increase in remote job searches, with remote job applications increasing by a staggering 230%. ^[0]
• Of those who moved because of COVID19, 60% did so for their personal health and wellbeing and 53% did for their family’s health and well. ^[0]
• Most organizations (56%). ^[0]
• While the majority of Americans (56%) plan to get the vaccine as soon as it becomes widely available, more than a quarter (28%). ^[0]
• According to MoveBuddha, 31 million Americans moved house in 2019, that’s almost 10% of the population!. ^[3]
• Stats from Moving.com indicated that of those who did move, 10.3% did so due to a new job or transfer. ^[3]
• Of these, ICE has resources to monitor approximately 5 percent of the total non detained population, or approximately 100,000 undocumented individuals. ^[6]
• This dedication to our customers has led to a 98% client satisfaction rate. ^[7]
• #1 85+ Relocation with a Personal Touch 98% client satisfaction. ^[7]
• What used to be a strong trend of interstate moves with a 65.71% rate back in 2017 has dropped to 54.5% in 2019. ^[8]
• And so, local moving trends in 2019 have reached a new high, with a total of 45.5% moves being within 100 miles. ^[8]
• 13%Studio moves and partial move have remained similar in volume, which only goes to show how gradual changes are when it comes to the US moving industry statistics, with no spiking in number. ^[8]
• Number of moves per monthIt would appear that 2019 has brought about an early beginning of the peak of the moving season, with 11.4% of all moves in the US being scheduled during that month. ^[8]
• Local vs. Interstate Moving Ratio in 2018 > 39.49% vs. 60.51%With. ^[8]
• With a percentage of 60.51, interstate moves are still beating the amount of local moving endeavors. ^[8]
• In comparison to 2017, interstate moves have experienced a 5 percent drop, meaning that in state opportunities are on the rise. ^[8]
• However, there has been a surge in terms of 3bedroom households, with the 2018 moving statistics showing a 4 percent increase in comparison to the past year. ^[8]
• As a result, we end up with the following percentage1 Bedroom Home – 28.81%2 Bedroom Home – 21.16%3. ^[8]
• Bedroom Home – 20.27%Partial Moves –. ^[8]
• % of people chose to relocate on their own in 2018. ^[8]
• 33% went as far as renting a moving truck, while the lowest number of people opted for hiring professional movers – 21%. ^[8]
• Hence, you can’t very well expect the same amount of moving jobs in December (lowest point with 3.26%) and June (peak of the 2018 moving season at 13.11%). ^[8]
• 10.49%March – 9.05%September – 8.71%April – 8.42%October – 7.17%February – 6.40%November – 6.09%January – 3.49%December –. ^[8]
• 3.26%This estimate needs to be finalized with a representative online or over the phone to be valid and locked. ^[8]
• As such, with more than 20 percent, it has remained dominant when it comes to the most popular day in the week for relocating. ^[8]
• So, if you want to steer clear from crowds and booking troubles, you might want to join the 7.69 percent that chooses Sunday as their moving day. ^[8]
• But, here are the exact stats when it comes to the percentage of moves per weekdayFriday – 20.22%Saturday –. ^[8]
• 10.67%Sunday – 7.69%But which was the busiest date for relocation in 2018?Unlike. ^[8]
• the notion of moving on Friday, one thing that has changed according to moving industry trends in 2018 is that June 30th was not the busiest day in the year. ^[8]
• But here are the other cities that qualified on the top 10 list according to moving trends from the past yearAtlanta, GAHouston, TXChicago, ILBrooklyn, NYLos Angeles, CAFresno, CACharlotte, NCDallas,. ^[8]
• According to recent moving trends, 2018 marked the peak of industry revenue, boasting a total of $18 billion (2.4% increase in comparison to 2017). ^[8]
• Industry expansion has also led to an increase in moving companies (+ 1.9%) and the number of employees in the relocation sector (+2.2%). ^[8]
• Only 11.2% of Americans moved during last year. ^[8]
• That is a pretty low number comparing to, for example, the 1980s when around 20% of people were moving every year. ^[8]
• Given that we shall provide you with the actual moving trends analysis for 2017, we shall go to some exact numbers Friday was the busiest day of the week with 19.7% moving that day. ^[8]
• The most attractive days after Friday was Saturday(17.9%) and Monday(17.2%). ^[8]
• 14.1% of people conducted their moving during June, 12.6% moved in July while 11.5% relocated in August. ^[8]
• In 2016 10.5% moved in May, using spring to relocate. ^[8]
• 8.5% moved during the September, and 8.1% picked October to be the best for their moving month. ^[8]
• It is predicted that the figures you just read are going to remain the same in 2017. ^[8]
• people moved in 20168,4% – studio25.2% – 1 bedroom23.4% – 2 bedroom16.9% – 3 bedroom10.4% – 4+. ^[8]
• Partial moveThe most important information is that the number of 1 bedroom relocations reduced by more than 14% in 2016!. ^[8]
• We won’t be talking only about changing the address due to the change of a job (although there is a significant percentage of people moving, for this reason, more than 20%). ^[8]
• With an increase in the percentage of 1bedroom (28.81%) and 2bedroom homes (21.16%), the relocation of 3bedroom (20.27%) and 4 bedroom homes (12.69%). ^[8]
• It would appear that 2019 has brought about an early beginning of the peak of the moving season, with 11.4% of all moves in the US being scheduled during that month. ^[8]
• Saturday – 18.7% Monday – 16.1%. ^[8]
• Wednesday – 12.4% Tuesday – 11.3%. ^[8]
• Things remain balanced when it comes to the choice of the weekday to move house, with slower days catching up in percentage but still remaining where they were back in 2018. ^[8]
• 1 Bedroom Home – 28.81% 2 Bedroom Home – 21.16% 3 Bedroom Home – 20.27% Partial Moves – 12.69% Studio Moves – 9.37% 4+ Bedroom Home – 7.70%. ^[8]
• However, when it comes to how you are going to relocate, there are only three methods to choose from 45% of people chose to relocate on their own in 2018. ^[8]
• And this is how the moving trends from past years divide the monthly moving ratio June – 13.11% August – 12.09% July – 11.72%. ^[8]
• May – 10.49% March – 9.05% September – 8.71% April – 8.42% October – 7.17% February – 6.40% November – 6.09% January – 3.49% December – 3.26%. ^[8]
• Friday – 20.22% Saturday – 18.40%. ^[8]
• Wednesday – 13.27% Tuesday – 10.67% Sunday – 7.69%. ^[8]
• Unlike the notion of moving on Friday, one thing that has changed according to moving industry trends in 2018 is that June 30th was not the busiest day in the year. ^[8]
• According to recent moving trends, 2018 marked the peak of industry revenue, boasting a total of $18 billion (2.4% increase in comparison to 2017). ^[8]
• Industry expansion has also led to an increase in moving companies (+ 1.9%) and the number of employees in the relocation sector (+2.2%). ^[8]
• Friday was the busiest day of the week with 19.7% moving that day. ^[8]
• people moved in 2016 8,4% – studio 25.2% – 1 bedroom 23.4% – 2 bedroom 16.9% – 3 bedroom. ^[8]
• The most important information is that the number of 1 bedroom relocations reduced by more than 14% in 2016!. ^[8]
• Moving trends analysis for 2017 shows that it’s most likely that the top 5 states we mentioned will remain the most desired destinations for moving to. ^[8]

I know you want to use Relocation Management Software, thus we made this list of best Relocation Management Software. We also wrote about how to learn Relocation Management Software and how to install Relocation Management Software. Recently we wrote how to uninstall Relocation Management Software for newbie users. Don’t forgot to check latest Relocation Management statistics of 2024.

Reference

1. hilldrup – https://www.hilldrup.com/help-and-support/blog/covid-19-relocation/.
2. ibisworld – https://www.ibisworld.com/industry-statistics/market-size/employee-relocation-services-united-states/.
3. prnewswire – https://www.prnewswire.com/news-releases/employee-relocation-management-market-to-reach-33-5-billion-by-2020–says-beroe-inc-300937687.html.
4. arcrelocation – https://arcrelocation.com/employee-relocation/.
5. ibisworld – https://www.ibisworld.com/industry-statistics/employment/employee-relocation-services-united-states/.
6. allservicemoving – https://allservicemoving.com/5-corporate-relocation-stats-you-should-know/.
7. ice – https://www.ice.gov/detain/detention-management.
8. arcrelocation – https://arcrelocation.com/.
9. moversdev – https://moversdev.com/moving-trends-analysis/.

How Useful is Relocation Management

One of the key advantages of relocation management is the support and guidance it provides to individuals or families moving to a new location. This process can be overwhelming, especially in the case of a long-distance or international move. Relocation management services can help navigate the logistics of the move, from finding a new home to packing up and transporting belongings. Having a knowledgeable and experienced team to assist with these tasks can alleviate much of the stress and uncertainty that comes with moving to a new place.

Additionally, relocation management can also provide valuable resources and connections in the new location. This can be especially helpful for individuals or families who may not be familiar with the area they are moving to. Whether it’s providing information on local schools, healthcare providers, or recreational activities, relocation management can help individuals settle into their new community more quickly and seamlessly.

Furthermore, relocation management can also be a cost-effective solution for businesses looking to relocate employees. By outsourcing the task to a specialized company, businesses can save time, money, and resources that would otherwise be spent on managing the logistics of the move internally. This allows employees to focus on their work and transition more smoothly into their new role in the new location.

Of course, like any service, there are potential downsides to relocation management as well. Some individuals may feel a loss of control over the moving process or may be hesitant to trust an outside party with such an important task. In these cases, it’s important for individuals to communicate their needs and concerns with the relocation management team to ensure a smooth and satisfactory transition.

In conclusion, relocation management can be an incredibly useful tool for those facing a move, whether for personal or professional reasons. With the support, guidance, and resources that relocation management services provide, individuals and businesses can navigate the moving process more effectively and efficiently. While there may be potential drawbacks to outsourcing the task, the benefits of relocation management far outweigh the risks for many individuals and businesses. Ultimately, having a professional team to assist with the move can make all the difference in ensuring a successful and stress-free transition to a new location.

In Conclusion

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