![]() ![]() You'll want to research the crime rates for each town you're considering and make sure they fall within your comfort zone. Although many people believe that crime is more common in larger cities than smaller ones, it's not necessarily true. Crime RatesĬrime rates are an important factor when relocating too. If you're renting instead of buying a home, it's also good to check for average rent prices and vacancy rates. You can find this information online or talk to a real estate agent specializing in relocation services. You should research the average price per square foot in each city, as well as the number of homes for sale and how long they've been on the market. Some cities have a booming real estate market, while others struggle with high unemployment rates and low home values. The cost of housing is another essential factor to consider when moving to a new city. It's always a good idea to research the local economy and job market before you move to know what to expect when staying there long term. It's also highly advisable to check for other job opportunities not within your working field if there's an unexpected event, like the COVID-19 pandemic. You'll want to make sure that there are plenty of jobs available in your field and that the cost of living is within your budget. Of course, this factor comes as no surprise. Check with local tax advisors for a free quote to make the calculation easier. You'll also need to ensure that any income earned while living in your new city is subject to the correct taxes. Some cities have lower tax rates than others, and this can be a great way to save money on housing or food costs if you're living within those limits. TaxesĪnother vital factor to consider when relocating is the cost of taxes in the city you'd like to relocate to. Tip: Use a cost of living comparison tool to get an estimate for your current city and the city you want to move to. Some cities are more expensive than others, and the cost of housing, food, transportation, and utilities can add up quickly. The cost of living can vary significantly from city to city, so you'll want to make sure you choose a city that fits your budget. One of the most important factors to consider when moving to a new city is affordability. So take your time and do your research before deciding on a new home! Affordability Keep in mind that the best city for you will vary depending on your individual needs and preferences. We will now discuss some of the most important topics to think about when relocating. When making this decision, there are many factors to look into, such as cost of living, climate, job opportunities, and culture. "We have to continue to pay attention to the things that attract people here and keep people here," she said, like the area's natural beauty and resources.Įnglish said that, as the area continues to grow, focus on transportation - including the need for a new bridge over the Cape Fear River - is needed to avoid "long commutes to the job being created.As an international student, you may be considering relocating to a new city. More: It's Wilmington's first all-women comedy troupe, and that's no (Black Market) BolognaĮnglish said Wilmington's status as a place people are moving to will help attract companies providing jobs with "upward mobility" while increasing the area's tax base.Īt the same time, English said, growth presents challenges. Growth: Castle Hayne area could see new food, shopping options with rezoningĭevelopment: New Hanover leaders delay action on west bank development request "We are an attractive region, and people are going to continue to move here." ![]() The news that people are continuing to move to Wilmington - its population grew from 106,476 in 2010 to 115,451 in 2020, an 8.4% increase - "just confirms what I've been saying for the past five years," said Natalie English, president and CEO of the Wilmington Chamber of Commerce. 1 "most moved-to" city in the country was The Villages, an age-restricted Florida retirement community. ![]()
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