Seattle Neighborhood Guide: Find the Best Areas to Move in 2026

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Pioneer Square, Queen Anne, and Capitol Hill are among the most popular neighborhoods in Seattle. If you’re wondering about the best areas in the city because you’re planning a move there, you’re not alone — according to HireAHelper’s 2026 Migration Report, 43,517 people movedto Seattle in 2025.

Of course, the neighborhood you choose depends on what you want from life there. Whether that’s a short commute to your job downtown, or being close to the best nature the PNW has to offer, it has a big influence on what neighborhood is “best” for you.

At HireAHelper, we’ve been helping people with their moves since 2007—in Seattle and around the country—so we’re pretty familiar with the different parts of the city. So in this guide, we’re diving into the best neighborhoods in Seattle and helping you decide which one suits your style.


Should You Move to Seattle?

A view of the Seattle, WA skyline from Gasworks Park

Seattle might be the right fit for you if you want a healthy mix of big-city services and outdoor activities.

Seattle’s booming tech industry is also a big part of the city’s lifestyle. It’s known for its innovative, high-paying jobs—Amazon and Microsoft alone have nearly 100,000 employees in the area. Other major employers include Boeing, Starbucks, and Costco. And since there’s no state income tax, you’ll have a little extra in your bank account each week.

You might also consider moving to Seattle if you enjoy a thriving arts scene, exceptional restaurants, a wealth of museums and attractions, and great coffee, of course.

Seattle also has a few drawbacks to consider. The weather is famously overcast and drizzly, especially in the winter. Housing costs are considerably higher than the national average, which might offset a big chunk of your paycheck even if you’re moving for a new job. The traffic is also no joke, and you’ll have to always plan a buffer during your commute or trips out of the city.


Real Estate in Seattle, WA

If you’re thinking about buying a home in Seattle, there’s good news. The average home value is 2.1% lower than last year. Even with the dip, the median sale price is just over $861,000. And given that prices have been rising steadily since 2012, it’s safe to expect that pattern to continue.

 

“Living downtown is convenient, for example, but it can be expensive and time-consuming to move into an apartment in the area. You’ll probably need to contend with busy streets, parking permits, and long elevator rides…”

 

But don’t panic quite yet if that’s out of your price range. In neighborhoods like Belltown and Lower Queen Anne, the median home values are $493,023 and $520,314, respectively. If you want to buy in East Queen Anne or West Queen Anne, however, this figure rises to well above $1 million.

No matter where you buy, you’ll probably have some competition. More than 23% of houses in Seattle sell for more than the list prices. But just factor that into your planning and give yourself some wiggle room, and you’ll find the perfect place.


Seattle Neighborhood Map

In Seattle, the location of your neighborhood can have a big impact on your lifestyle. Choose a spot like Queen Anne, and you’ll enjoy walkability and access to public transportation. And if you live on the western edge of West Seattle, you might have gorgeous water views.

The physical location isn’t all that sets each Seattle neighborhood apart. Many have a distinct style, such as the historic architecture of Pioneer Square. You should also consider things like commutes as you’re looking over neighborhoods. As mentioned, Seattle traffic can be tricky, so a short distance between you and your job might be the priority.

Below, we’ve mapped the best neighborhoods out, so you can see exactly where each one sits and find the space that fits you best.

Best Neighborhoods in Seattle

When you’re planning a move to Seattle, choosing where to live is one of your first big decisions. The city is big and varied enough that there’s an option for everyone, whether you want nightlife and buzzy restaurants or a chill, residential vibe. Here are our picks for the most popular Seattle neighborhoods.

Pioneer Square

A view of the Pergola and other buildings in the Pioneer Square neighborhood of seattle

  • Vibe: Lively and historic
  • Location: Pioneer Square is located just south of downtown Seattle.
  • Great for: Young professionals and active people
  • Median home sale price: $599,372
  • Average rent: $2,530

Pioneer Square is Seattle’s first neighborhood, which is pretty clear from the gorgeous old architecture. The maze of sidewalks and passageways under the streets adds a whole different layer to the area’s history, and there’s even an urban waterfall.

Pioneer Square is also big on fun things to do, with tons of dining and boutique shopping options, along with a colorful art scene highlighted by the neighborhood’s First Thursday Art Walk. Sports reign at the south end of the Square, with Lumen Field hosting Seahawks football, Sounders soccer, and a ton of other events, including the 2026 FIFA World Cup. The nearby T-Mobile Park is the home of Mariners baseball, too!

Queen Anne – Lower & Upper

  • Vibe: Charming and upscale
  • Location: Queen Anne is located northwest of downtown Seattle, west of Aurora Avenue.
  • Great for: Families and professionals
  • Median home sale price: $520,314
  • Average rent: $1,990

Queen Anne has two distinct areas. Lower Queen Anne (also referred to as Uptown) is great for those seeking big city energy without the concrete jungle. The neighborhood has plenty of bars, restaurants, and arts venues, as well as excellent shopping. In the Seattle Center, you’ll find the iconic Space Needle and the Museum of Pop Culture.

The Upper Queen Anne neighborhood, on the other hand, is rich in Victorian-style homes with generous yards and fantastic views. It’s quieter and more residential, with a strong neighborhood vibe. You’ll still have plenty of fun—tucked into the charming facades along Queen Anne Boulevard is an array of restaurants, coffee shops, and bars.

Madrona

  • Vibe: Laid-back and outdoorsy
  • Location: Madrona is situated east of Seattle on the shores of Lake Washington.
  • Great for: Families and people who value community
  • Median home sale price: $1,153,547
  • Average rent: $2,349

A neighborhood within the larger Central district, Madrona is named for the trees you can find throughout the area. Known as “The Peaceable Kingdom,” it has a relaxed vibe despite being near downtown. You won’t really find a traditional nightlife here, but the food and coffee are as good as anywhere else in the city, and for many, the quiet is a perk.

With its farmers’ market, active neighborhood association, and annual Mayfair, Madrona has a strong community feeling. And for nature lovers, there’s Lake Washington, the Madrona Ravine, and the waterfront Madrona Park with its adjacent sandy beach.

Capitol Hill

An aerial view of the Capitol Hill neighborhood in Seattle

  • Vibe: Progressive and social
  • Location: Capitol Hill is located just northeast of downtown on the east side of I-5.
  • Great for: People who love culture and nightlife
  • Median home sale price: $656,249
  • Average rent: $1,963

Capitol Hill is one of Seattle’s most iconic areas for nightlife, restaurants, art galleries, and independent shops. You’ll find a dizzying array of options, mostly along Broadway and the Pike/Pine Corridor. And with its inclusive and active community, everyone is welcome. Since Capitol Hill is a transportation hub for the city’s light rail and many popular bus lines, getting around is a breeze.

And if you’re looking for green space, check out Cal Anderson Park, a neat rectangle of open green spaces featuring sports courts, a playground, and footpaths. Volunteer Park sits in the northeast corner of the neighborhood, boasting 50 acres of parkland as well as a conservatory and the Seattle Asian Art Museum.

Mt. Baker

  • Vibe: Artsy, family-friendly, etc.
  • Location: Mt. Baker is located southeast of downtown Seattle, just south of I-90 on the banks of Lake Washington.
  • Great for: Families
  • Median home sale price: $991,861
  • Average rent: $1,951

Mt. Baker is known for its excellent schools and residential environment. It has a wealth of restaurants, taprooms, and coffee shops, many located on Rainier Avenue. With events like Bicycle Weekends and concerts put on by the Mt. Baker Community Club, Mt. Baker residents have plenty of opportunities to become part of their community.

The area in general is fantastically green, with recreation areas including Sam Smith Park and Mt. Baker Park, which leads to lovely and winding Mt. Baker Boulevard. You can also enjoy the water at Lake Washington Boulevard Park, which offers more than a mile of parkland and beaches. And when you want a more urban experience, the heart of downtown is just a 20-minute bus ride away.

Fremont

A view of the Fremont Bridge and neighborhood in Seattle

  • Vibe: Artsy and eclectic
  • Location: Fremont is located north of Seattle on the north side of the Fremont Cut.
  • Great for: Creatives and remote workers
  • Median home sale price: $875,460
  • Average rent: $2,008

Home of the Fremont Troll and the Center of the Universe sign, this neighborhood really earns its reputation as the most quirky and creative part of Seattle. Here, you’ll find over 50 art installations and countless galleries. And you absolutely can’t beat the wide array of dining options in this area — few other neighborhoods have the same variety.

Being so close to the water, you also get some gorgeous outdoor areas, including Fremont Canal Park and Fremont Peak Park, which has a hilltop view of the Puget Sound. And even with all of this to offer, there’s one more perk to Fremont: it’s close to other popular neighborhoods. It’s a stone’s throw away from Queen Anne, Greenlake, and the University District, with access to public transportation that will take you all around the city. It really makes the whole city feel accessible.

West Seattle

  • Vibe: Calm and friendly
  • Location: West Seattle sits southwest of downtown Seattle.
  • Great for: Outdoorsy people and retirees
  • Median home sale price: $837,279
  • Average rent: $1,735

If you’re looking for a life that’s all about the natural surroundings, West Seattle is a great place to be. Made of several sub-neighborhoods, this slice of Seattle sits on a massive “thumb” of land. It’s surrounded on two sides by the Puget Sound and separated from downtown by the Duwamish Waterway. It’s home to Seattle’s largest contiguous forest, the West Duwamish Greenbelt, as well as outdoor spaces like Me-Kwa-Mooks Park, Alki Beach Park, and Hamilton Viewpoint Park.

If you prefer the indoors, though, don’t fret! There are a ton of dining and drinking options in the central Junction area, along with events and community activities. Several bus routes cover the broad West Seattle neighborhood and connect to downtown, as do the local water taxis.


Moving Costs and Logistics in Seattle

The Seattle neighborhood you choose can have a big impact on the planning and price of your move. Living downtown is convenient, for example, but it can be expensive and time-consuming to move into an apartment in the area. You’ll probably need to contend with busy streets, parking permits, and long elevator rides — all of which can make your move last longer and drive up the price.

As you’re calculating moving costs, think about whether your new Seattle building is a walk-up or an elevator building. Many movers add fees for stairs to cover the extra time and labor it takes to carry heavy boxes and pieces of furniture between floors. Make sure to ask if you can reserve the loading dock or whether you’ll need to add parking permits to your moving checklist.

By contrast, it’s a lot easier to park a moving truck on the residential streets of neighborhoods such as West Seattle and Madrona. Even if you’re moving into a bigger house, the easier access can help the process move quickly. And if you’re hiring labor-only movers — who charge an average of $92.73 per hour in Seattle — a shorter move can be considerably more affordable.


How to Choose the Right Mover for Your Seattle Move

The best local moving companies can make all the difference in your move to the Emerald City. To find great movers in Seattle, start by identifying the type of move you’re planning.

And your Seattle neighborhood might affect your choice of movers. If you’re moving into a Pioneer Square apartment, for example, you probably won’t have space for a moving container. And if you’re living in the suburbs, the HOA rules might stop you from parking a freight trailer or moving truck on the street for multiple days.

 

“The average home value is 2.1% lower than last year [in Seattle]. Even with the dip, the median sale price is just over $861,000.”

 

However, what’s most important is finding local movers who know the city. If you have a team that can handle those hilly streets and understands the best way to handle a 5th-floor downtown apartment, your move will go a lot smoother.

Once you’re clear on the type of movers and the services you need, it’s time to start shopping around. We always recommend getting at least three quotes. Consider starting with highly rated Seattle movers like AAA Allstar Movers & Cleaners, who are known for exceptional communication and professionalism, and B&R Movers, who offer efficient and flexible service.

The easiest way to find a Seattle mover is to use the HireAHelper marketplace. Just enter a few details about your move, and we’ll show you a selection of highly rated local options—along with customer reviews and specific service offerings. All quotes come with transparent upfront pricing, and you can book online in minutes.


FAQs About Seattle Neighborhoods

How many neighborhoods are in Seattle?

There are 78 different Seattle neighborhoods. However, some of these areas are divided into sub-neighborhoods.

What are some of the major and smaller Seattle neighborhoods?

Some of the major neighborhoods in Seattle are West Seattle, Capitol Hill, and Magnolia, while smaller neighborhoods include Interlaken Park, East Lake, and Interbay. Areas such as Belltown and the University District are compact but densely populated.

What neighborhoods in Seattle are walkable?

The Seattle neighborhoods closest to downtown tend to be the most walkable — specifically, Belltown, Pioneer Square, International District, and First Hill. South Lake Union and Lower Queen Anne are also easy to get around on foot.

What neighborhoods in Seattle have good nightlife?

Capitol Hill is known for its nightlife, which includes lots of bars and clubs. In particular, the neighborhood has many venues friendly to the LGBTQ+ community. Belltown, with its upscale bars, unique pubs, and excellent music venues (check out The Crocodile), is another Seattle nightlife hub. You’ll also find plenty of bars in Pioneer Square and Fremont.

What neighborhoods in Seattle have parks?

Some of the Seattle neighborhoods with parks include Capitol Hill, Mt. Baker, Fremont, and West Seattle. However, Seattle has 387 parks, so most neighborhoods sit within walking distance of at least one green space. Queen Anne is home to parks of all sizes, and the high-end Magnolia neighborhood boasts Discovery Park, the largest park in the city.


Why Trust HireAHelper

At HireAHelper, we’ve helped more than 1 million people create positive moving experiences. Over the years, our team members have become experts at analyzing the factors that make a neighborhood great, from walkability to entertainment and activities. More importantly, we know that everyone’s needs are different — the perfect neighborhood for you depends on factors ranging from your budget to your after-work hobbies.

As you explore the different Seattle neighborhoods, we encourage you to keep your ideal lifestyle in mind. By picking the part of the city that matches your vibe and your day-to-day activities, you can build the foundation for an exciting new life in the Pacific Northwest.

HireAHelper’s 2024 Moving Survey: 30% of Americans Plan on Moving This Year

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Key Findings

  • 30% of Americans surveyed plan to move at some point this year
  • Key reasons cited for wanting to move in 2024 were “Family” (26%), “Wanting more space/bigger home” (22%) and “New job or promotion” (17%)
  • 1 in 5 (20%) considered moving to a state with open access to abortion after Roe v. Wade was overturned
  • Florida narrowly beat California as the moving destination “if money was no object”
  • 52% of respondents who said they aren’t moving in 2024 cited financial reasons

an illustration of someone taping a box. In the corner it's labeled fragileIt’s officially moving season, AKA the four months of May through August when the majority of moves in the United States take place every year.

HireAHelper’s yearly Moving Season Survey asked over 2,000 Americans what their moving plans are for 2024. What did they say? Where are people going? And why?

We looked at how many Americans plan on moving this year, what was behind their decision to move or stay put, and how this year’s trends and developments might affect moving patterns in America this year.


Almost One in Three Americans Plan on Moving in 2024

Despite last year’s overall decrease in moving, 30% of Americans surveyed planned on moving at some point in 2024. An additional 54% don’t have such plans, while 16% haven’t made up their minds yet.

Overall, that’s a general decrease in moving intent compared to last year’s survey when 38% said they intended to move. Still, it’s a substantial percentage considering less than 8% of the U.S. population actually did move last year.

 

“…those in rental accommodation (38%) were twice as likely to report an intention to move in 2024 compared to those who owned a home (16%).”

 

Americans may be more likely to stay put this year than last, but one trend that hasn’t changed is younger generations are significantly more eager to move than their older counterparts. As many as 38% of Gen Z and 37% of Millennials planned to move in 2024, compared to just 24% of Gen X’ers and 12% of Baby Boomers.

Another important note is that the gap between renter and homeowner relocators widened this year; those in rental accommodation (38%) were twice as likely to report an intention to move in 2024 compared to those who owned a home (16%).

Furthering the narrative that America lacks affordable housing, only 25% of those relocating renters said they are moving to become homeowners, while the other 75% said they intended to keep living the rental life.


The Cities and States With the Most Movers and Stayers

an illustration of two people loading boxes into a moving truck. They and the truck are cast in shadow while the background of houses and trees is in evening lightAmong cities with a statistically representative number of respondents, people from Atlanta, GA (48%), Seattle, WA (38%) and Houston, TX (37%) were most likely to have plans to move at some point during 2024, whether in or out of their city.

Residents of Philadelphia, PA (18%), on the other hand, were least likely to say they would relocate this year, as people in Dallas, TX and Boston, MA had a reported moving intent of only 26%.

States

What about states? The states with the fewest amount of people who said they were likely to move in 2024 were Pennsylvania (22%) and New Jersey (24%).

The states where moving intent was the highest were Ohio (35%) and Florida (34%), places where more than one-third of respondents planned on moving this year.

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Family, Housing Top Reasons for Moving in 2024

What reasons did people give for wanting to move in 2024?

Much like last year, the biggest driving force for those looking to move was family, specifically “Moving closer to family members” (26%) and “Wanting more space or a bigger home” (22%).

Last year, the third most common consideration for potential movers was “Inflation“, but this year gave way to “New job or promotion” (17%). This could be due to the U.S. job market having had a strong year so far, with inflation itself significantly lower than one year ago.

Slightly More Financial Flexibility in 2024, And More

This year, financial reasons played a lower (but still significant) role in people’s moving motivations.

In our 2023 survey, 38% of all respondents who made plans to move did so (at least in part) for not being able to afford their home, moving to an area with a lower cost of living, and getting evicted.

But this year, only 29% checked a box for any one of these reasons. That’s a pretty significant drop!

 

“…(26%) of Americans we surveyed said they’d consider leaving the U.S. if Donald Trump were elected president this November. How many would leave if Joe Biden was re-elected? Also 26%! That’s just how divided the country appears these days.”

 

Another reason for moving that saw a drop this year was a move forced by “Climate change“. If 15% of potential movers in 2023 ultimately factored in climate change into their moving plans, only 9% plan to do so this year.

Other notable changes: more Americans intend to move because they “Want a better school district” (12%), “Bought a home” (11%), and because they started “A new relationship or got married” (10%).

Also interesting is that almost one in 10 (9%) respondents who intended to move in 2024 said the fact that they “Don’t like local politics where (they) live” was the main driver to their intentions to move. Last year, that share was only 5% of total relocators.


Many Moving Plans Affected by the Real Estate Commission 

an illustration of white plates and cups being wrapped in brown packing paper. A currently empty cardboard box sits nearbyBesides more typical reasons for moving such as family, jobs and housing, a few recent developments in the news have also impacted moving plans this year.

A recent landmark court case between the National Association of Realtors (NAR) and home sellers resulted in the abolition of the longstanding 6% commission on buying or selling a home. This court ruling, which is poised to shake up the real estate market in the coming months, has seemingly affected many, as the moving plans of 49% of all respondents and two-thirds (67%) of those planning to move this year reported being affected by this case.

How the NAR impacted moving

A total of 45% of respondents with moving plans in 2024 said this development made them more likely to move because “Homes are likely to become cheaper” (33%), or because they “Will be able to sell (their) home faster” (12%). 

Not everyone is quite as optimistic, however, as 13% of people who planned on moving admitted they’re moving because “They may need to pay a commission to (their) agent as a buyer“, while an additional 10% think they “Won’t be able to sell (their) home at a higher price“.


Most Movers Won’t Go Far: 71% of Planned Moves to Stay Within the Same State

A growing share of moves our respondents have planned are local.

Some 44% of those who plan on moving in 2024 intend to stay within the bounds of their current city. Only 27% plan on moving elsewhere within their state.

Changing States

16% of potential movers are looking to relocate to a different state. Curiously, it’s the older Americans who are most likely to have a cross-state move in the works; in fact, Baby Boomers (29%) were twice as likely to plan a move to another state compared to Millennials (14%).

This is likely because retirees are more likely to move farther than others, a fact we consistently find in our studies of moving for retirement.

Surprisingly, as many as 7% may leave the United States altogether! This sentiment is strongest with those who aren’t happy with politics where they live, 19% of which said they’d be willing to move to a different country.


How Politics Impacts Moving Intent in 2024

Speaking of leaving the country, more than a quarter (26%) of Americans we surveyed said they’d consider leaving the U.S. if Donald Trump were elected president this November. How many would leave if Joe Biden was re-elected? Also 26%! That’s just how divided the country appears these days.

Thus, with this year being a presidential election year, it would be hardly surprising that politics is playing more on people’s minds.

Another political issue impacting the consideration of moving is abortion. Since Roe v. Wade was overturned, 20% of our survey participants considered moving to a state where abortion is more accessible. This includes 25% of Millennials and 35% of Gen Z.

Conversely, 17% have said they will consider moving to a state where abortion is more restricted.

All this said, 38% are satisfied with the local politics of where they currently live.


an illustration of a canvas wrapped in bubble wrap. it's stood on top of other packed boxes.Unaffordable for Most: Finances Continue to Hold Americans Back from Moving

If a smaller share of Americans are planning to move this year, what’s holding them back? 

For a majority of them, it’s simply not something they can afford.

Of respondents who are not moving this year, over half (52%) said they are staying put because they “Can’t afford to move“. One-third of respondents (33%) also noted they “Can’t afford housing where (they) want to live“. 

Additionally, nearly one in five “Worried it may not work out” (23%), “Would be too far away from (their) family” (23%), or are simply “Worried about making a big change” (21%).

It’s not all worries and concerns, however. One in four (25%) of those who aren’t moving this year are staying put for one very simple reason: “I like where I currently live“.


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About $500: Here’s How Much Americans Estimate Their Move Would Cost in 2024

With such a high share of our respondents not moving because they can’t afford it, how much do those who do intend to move plan on spending?

Of all who plan on moving, 50% plan want to keep their costs to a maximum of $500, which may include buying moving boxes, renting a truck, potentially hiring movers, etc. (The overall average estimate of moving costs is just under that amount: $496.)

The average estimate for moving costs specifically from respondents who plan on hiring movers was somewhat higher: $613. Meanwhile, those set on moving entirely by themselves plan on squeezing in a move with under $400.


an illustration of boxes being moved with a dollyCalifornia Florida Dreaming: Where Americans Would Move if Money Were No Object

If anything were possible and if money didn’t matter, where would Americans move to? 

Last year, Americans said they dreamed of moving to California more than any other state. In 2024, the dream state to be in is Florida, with nearly 10% saying that’s where they’d move to if money were no object. 

California is right behind the Sunshine State with 9% of the preference share. Hawaii is the only state that can compete as a potential dream destination; it was name-dropped in just over 8% of our study participants.

Texas, Tennessee, New York, and Georgia were named as the places people would move if anything were possible by between 3% and 4% of respondents. (Funnily enough, marginally more people (4.5%) indicated they’d rather leave the U.S. than move to these four states, if money were no object.)


The States Americans Would Never Move To 

California may have lost the popularity contest to Florida in this year’s survey, but instead, it appears to have topped a different kind of ranking this year.

When asked, “To which state or states, if any, would you not move under any circumstances?”, 28% of our study participants chose California – more than any other state. 

Other states that feature prominently on this list are Alaska, where 23% wouldn’t ever want to move, New York (22%) and Alabama (21%). Florida – a dream destination for some Americans – is a no-go area for 20% of our respondents.

Which state consistently got marked as the place to leave? Well, it was whichever state the respondent already lived in! “Home state” was the least desirable place to live, as reported by 12% of all dissenting respondents. 


Survey Methodology
The survey was run via Pollfish in April 2024 using a nationally representative sample of 2,000 adults (18+) living in the United States. 
The results were weighted by age, gender, and income using data from the American Community Survey’s five-year data for the years 2017-2022 (latest available).
Illustrations by Nero Hamaoui

2023 Study: Corporate Relocation at Highest Rate Since 2017

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Key Findings

  • 593 (~9%) of America’s corporations moved headquarters since the beginning of 2022, the highest rate since 2017
  • 29% more companies moved their HQs in 2022-23 than in the previous fiscal year
  • 20% of corporate relocations happened within the same city; 31% moved to a different city within the same state
  • 62% of corporations moved to a city with a smaller population
  • According to our survey, 72% of people would be prepared to move with their employer, provided relocation costs were covered
  • Almost half (44%) of our survey respondents would be willing to follow their employer to a different state

Whether to cut costs, gain a more beneficial tax rate, or be closer to a target market, about 9% of corporations in the United States moved their headquarters within the past fiscal year — the highest percentage since 2016-17, according to Securities and Exchange Commission (SEC) filings.

States like New York and cities like Seattle are seeing corporate headquarters move away, while smaller cities outside large urban centers are becoming new homes to big companies in tech and pharmaceuticals.

Our study breaks down where companies are moving to, which states and cities they’re leaving behind, and whether workers are on board with following their employer to their new HQ location.

On the Move: Corporate Relocation Rate Highest in Seven Years

According to the most recent SEC figures, 593 (or 8.9%) of the roughly 6,700 publicly traded corporations in America moved their HQs in the past fiscal year (i.e., March 2022-March 2023).

2022-2023 had the highest rate of corporate headquarters relocation in seven years, and it’s been on the rise since it took a dip to below 7% in 2020 (likely due to the pandemic).

Comparing the absolute number of companies moving their offices year-over-year, the 593 corporations moving HQs in 2022-23 represents a 29% growth over the fewer number of companies (458) that relocated in 2021-22.

It is also the highest year-over-year bounce in a decade, besting even the post-pandemic return to activity in 2021-22. That was a banner year, where the number of corporations relocating their HQs went up by 25%.

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Top States

Florida for the Win: Which states are corporations moving to?

Not only are corporates moving in high numbers, but as many as 24% of those that moved chose to relocate their headquarters to a different state entirely. Here’s the breakdown.

Florida had 86% more corporations move their HQ there, compared to the number of companies that chose to move their head office out of Florida — the highest net gain of any state!

Texas, the state that in the last year has officially moved their welcomed Hewlett-Packard and Caterpillar Inc, among other companies, saw the second highest net gain (71%).

Two other states had notably strong showings, Arizona (+65%) and Utah (+57%), both saw very impressive growth in the number of HQs of America’s corporations they now host.

Which states are corporations leaving?

Office moving trends appear to be relatively similar to individual people’s moving trends, at least in the sense that leaving places like New York and California is a popular idea.

The state that corporations were most likely to abandon was, surprisingly, Washington, with 83% more companies leaving it than moving in. Notable departures include media company Arena Group, and Clearsign Technologies, a developer of emission control solutions.

New York (-51%) and California (-46%) aren’t far behind Washington, ranking second and third among the states that lost the most corporate HQs, respectively.

Among the companies that left New York are Philip Morris International and the financial firm Assurant, Inc. California’s noteworthy departures include the coworking space giant WeWork and clinical nutrition company Guardion Health Sciences.


Location-based Insights

  • Florida (+86%) and Texas (+71%) are the states with the greatest net gain of corporate headquarters in the past year
  • Washington (-83%) registered the highest net loss of corporate HQs since the start of 2022
  • Waltham, MA (+175%), Burlington, MA (+133%), and Spring, TX (+100%) had the most corporate move-ins, compared to the number of those moving out
  • Cambridge, MA (-40%), Seattle, WA (-37%), and San Jose, CA (-25%) are the cities with the largest net losses of corporate HQs in the past year

Top Cities

Going East: Which cities are corporations moving to? 

When it comes to specific destinations for corporates looking for a new HQ, Waltham, MA saw the highest corporate net growth across cities over the past fiscal year (+175%). (Five companies moved to this relatively small city on the outskirts of Boston, and not a single one left.)

Noteworthy new corporate residents of Waltham, MA include biotech and pharmaceutical firms such as Cogent Biosciences and CinCor Pharma.

Burlington, MA (+133%) and Spring, TX (+100%) are second and third in growth, respectively. Burlington’s newly headquartered corporations are software companies and biotech firms, while Spring, TX is where Hewlett-Packard moved their headquarters in a widely publicized move

Meanwhile, three cities in Florida are among the 10 with the highest net gains: Jacksonville, FL (+67%), Tampa, FL (+49%), and Miami, FL (+33%).

Which cities are corporations leaving?

Unexpectedly, the city that lost the most corporate HQs compared to the number it gained is Cambridge, MA (-40%).

This famous college town next to Boston, MA has long been a mecca for many biotech and pharma firms, which seemingly doesn’t leave room for previous industry giants. 

 

“Not only are corporates moving in high numbers, but as many as 24% of those that moved chose to relocate their headquarters to a different state entirely.”

 

Just beneath Cambridge, Seattle (-37.5%), as well as multiple cities in the Bay Area of California, lost multiple company headquarters over the past fiscal year compared to the number they gained. New York City (-13.4% ) also makes an appearance in the 12th spot.

It is worth noting that despite the net losses, dozens of companies still established their new headquartered in New York City within the past year, as well as in other net loss cities, like San Jose and San Francisco.

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Top Potential Reasons for HQ Relocations: Lower Taxes, Lower Rent

Based on our most recent moving study, Americans mostly move for new or better housing, or for a new job. But what are the main reasons behind corporate relocations?

One commonly presumed reason is the desire to cut costs, which can mean moving to areas where taxes are lower. This might explain why Florida and Nevada are seeing more corporations move in versus out. 

Of note, the Tax Foundation’s 2023 State Business Tax Climate Index measures, among other things, how burdensome state taxes are on businesses. It lists Florida and Nevada among the 10 least tax-burdened states. Meanwhile, Texas — a state without a corporate tax — is not too far behind in 12th place.

 

“Assuming moving costs are covered, over 72% of respondents in a nationally representative survey HireAHelper conducted earlier this month said they’d be ready and willing to move with their employer.”

 

Another reason for corporate relocation is that the cost of office space is too high. Looking at office rent levels across the country, most cities that registered net losses of corporate HQs (e.g., New York City and San Jose) are among the most expensive for business rental costs.

The cost of office space is a problem that’s also been exacerbated by the rise of remote work in the pandemic years. America’s biggest cities continue to struggle with high office vacancy rates, as companies remain remote, or adopt a hybrid work arrangement.

In support of this trend, our analysis of 2022-23 SEC filings showed that 62% of corporates that relocated their HQ in the past year moved to cities with smaller populations, and in turn, more affordable rental rates.

Employee Perspectives: Most Americans Willing To Move with Employer 

corporate relocation hireahelperIt’s sensible for corporations to seek better fiscal conditions for their business. But what about the employees that get caught up in corporate relocations and transfers?

We may not know what percentage of employees are forced to relocate when a corporation moves its HQ, but we do have data that suggests a significant percentage of employees would be willing to move for work.

Assuming moving costs are covered, over 72% of respondents in a nationally representative survey HireAHelper conducted earlier this month said they’d be ready and willing to move with their employer. Surprisingly enough, ~27% would be willing to move to a “nearby” state, and almost one in five (~17%) said they would consider traveling with their employer across the country.

On the whole, willingness to relocate with the employer reportedly decreases with age; Gen Y/Millennials (~78%), are more likely to move with their employer than Gen Z (~74%). 

Curiously enough, it’s actually Gen X that seems most amenable to moving to a different state on the other side of the country (~21% of Gen X respondents, compared to ~19% of Millennials and ~15% of Gen Z members.).

Having children doesn’t appear to dramatically affect the desire to follow the employer’s move, either. Over 75% of Parents would be prepared to make a move for their company, provided relocation costs were covered, which is actually more than the 69% of Non-Parents who said they were willing to move with the company they worked for.

People of Color (~78%) are more likely to consider such a move than White Americans (69%), with ~31% of people of color saying they would be prepared to move to a state in a different part of the country, compared to ~25% of white Americans.


Sources and Methodology
All the data used in this study, unless otherwise stated, were taken or derived from the public database of Financial Statement Data Sets, available on the website of the U.S. Securities and Exchange Commission (SEC).
Headquarters location was taken as the “business address” field of each company’s filing and each change in the business address of the company was counted as a move of their headquarters.
The annual HQ moving rate in a given year was calculated as the number of companies that changed address compared to the total number of companies that had filed with the SEC in that year, expressed as a percentage.
As per the disclaimer issued by the SEC regarding this data: “The Financial Statement Data Sets contain information derived from structured data filed with the Commission by individual registrants as well as Commission-generated filing identifiers. Because the data sets are derived from information provided by individual registrants, we cannot guarantee the accuracy of the data sets. In addition, it is possible inaccuracies or other errors were introduced into the data sets during the process of extracting the data and compiling the data sets.
Only companies based in the United States were included in the analysis.
Illustrations by Sean O’Brien

How to Survive a Rainy Weather Move

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So you’re completely prepared for your upcoming move; You’ve got all your bases covered, you’ve taken care of every last detail and everything’s going to go perfectly according to plan.

Then you check the weather forecast. So much for your perfect plan, right?

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Real People: PODS vs. U-Pack ReloCubes (ABF)

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This post is part of our “Real People” series. Each post is written by a real person, not employed at HireAHelper, that actually used the service listed. These posts offer the inside scoop on the pros and cons of using moving equipment and services from moving container companies like PODS, U-Pack ReloCubes and 1-800-Pack-Rat, or rental truck companies like Penske Truck Rental, Budget Moving Trucks, and U-Haul. Today’s post is from Shiromi A. of Seattle, WA as she documents her research and decision making process when comparing U-Pack vs. PODS


UPDATE: We’ve gone back and updated this post with fresh numbers for 2019.

My husband is a retired military member, so our lives involved moving seven times in four years. Let me tell you, it never gets easier. You’d think we would have the moving thing down by now, but I find each move has its own set of unique challenges to overcome.

When we decided to move from Portland, Oregon up to Seattle, Washington so we could finally live near the water, we knew it would take some planning. We called around a few interstate moving companies, but the quotes were super pricey. We didn’t want to rent a truck because you pay by the day and that time crunch can be stressful.

That’s when my husband and I quickly came to the conclusion that based on our location, either PODS or U-Pack ReloCubes would be our best bet.

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