Relocation Management Statistics 2024 – Everything You Need to Know

by

Are you looking to add Relocation Management to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Relocation Management statistics of 2024.

My team and I scanned the entire web and collected all the most useful Relocation Management stats on this page. You don’t need to check any other resource on the web for any Relocation Management statistics. All are here only 🙂

How much of an impact will Relocation Management have on your day-to-day? or the day-to-day of your business? Should you invest in Relocation Management? We will answer all your Relocation Management related questions here.

Please read the page carefully and don’t miss any word. 🙂

Best Relocation Management Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 78 Relocation Management Statistics on this page 🙂

Relocation Management Benefits Statistics

  • According to a 2019 study, 68% of employees worry that reaching out for mental health benefits could negatively impact their job security. [0]

Relocation Management Market Statistics

  • The market size of the Employee Relocation Services industry is expected to increase 1.2% in 2024. [1]
  • The market size of the Employee Relocation Services industry in the US has grown 1.0% per year on average between 2017 and 2024. [1]
  • The global employee relocation management market is currently estimated to be worth around $31.5 billion and is forecasted to grow at a CAGR of 3–4 percent till 2021, according to Beroe Inc, a procurement intelligence firm. [2]
  • The market size of employee relocation management is the largest in North America, currently worth $15.6 billion and growing at a rate of 2 3 percent while the APAC, having a valuation of has the fastest growth of 7–8 percent. [2]
  • 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

In my opinion, relocation management plays a crucial role in facilitating the smooth and efficient relocation of employees or individuals. One of the key benefits of relocation management is its ability to alleviate the stress and burden that often comes with moving to a new location. By providing support and guidance throughout the entire relocation process, relocation management companies can help individuals navigate the challenges of moving, such as finding housing, organizing transportation, and adjusting to a new work environment.

Furthermore, relocation management helps to ensure that the needs and preferences of individuals are taken into account throughout the relocation process. By providing personalized services and tailored solutions, relocation management companies can assist individuals in finding suitable housing, schools, and local amenities that meet their unique requirements. This personalized approach not only helps to streamline the relocation process but also enhances the overall experience for individuals and their families.

Another important aspect of relocation management is its ability to enhance the efficiency and effectiveness of a relocation. By leveraging their expertise and experience in the field, relocation management companies can help organizations to develop and implement relocation policies and strategies that are cost-effective and time-efficient. This, in turn, can help businesses to mitigate the risks and challenges associated with employee relocations, such as delays, cost overruns, and employee dissatisfaction.

Moreover, relocation management can also bring added value to organizations by facilitating talent mobility and development. By managing employee relocations effectively, organizations can help to nurture and retain top talent within their workforce, as well as attract new talent to their organization. This, in turn, can help companies to build a diverse and capable workforce that is equipped to meet the evolving needs and demands of the global marketplace.

Overall, while relocation management may seem like an additional expense or inconvenience, its benefits far outweigh any perceived drawbacks. By enlisting the services of a relocation management company, individuals and organizations can benefit from a streamlined and stress-free relocation process that is tailored to their needs and preferences. Furthermore, relocation management can help organizations to enhance talent mobility, develop effective relocation strategies, and mitigate the risks associated with employee relocations.

In conclusion, relocation management is a valuable and essential service that plays a critical role in facilitating smooth and efficient relocations for individuals and organizations alike. By leveraging the expertise and experience of relocation management companies, individuals and organizations can navigate the challenges of relocation with ease and confidence, ultimately reaping the benefits of a successful and well-planned move.

In Conclusion

Be it Relocation Management benefits statistics, Relocation Management usage statistics, Relocation Management productivity statistics, Relocation Management adoption statistics, Relocation Management roi statistics, Relocation Management market statistics, statistics on use of Relocation Management, Relocation Management analytics statistics, statistics of companies that use Relocation Management, statistics small businesses using Relocation Management, top Relocation Management systems usa statistics, Relocation Management software market statistics, statistics dissatisfied with Relocation Management, statistics of businesses using Relocation Management, Relocation Management key statistics, Relocation Management systems statistics, nonprofit Relocation Management statistics, Relocation Management failure statistics, top Relocation Management statistics, best Relocation Management statistics, Relocation Management statistics small business, Relocation Management statistics 2024, Relocation Management statistics 2021, Relocation Management statistics 2024 you will find all from this page. 🙂

We tried our best to provide all the Relocation Management statistics on this page. Please comment below and share your opinion if we missed any Relocation Management statistics.

Leave a Comment