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Wilmington, North Carolina, is making waves as one of the top destinations for inbound movers in 2024. The latest United Van Lines National Movers Study shows that 83% of moves in Wilmington were inbound. This makes Wilmington one of the most popular cities for moving in the Southeast. With North Carolina ranked as the fifth top inbound state in 2024, Wilmington stands out as a prime location for retirees, families, and professionals seeking an improved quality of life.
Why Are People Moving to North Carolina?
The study highlights several key reasons why movers are choosing North Carolina, with retirement, family, and job opportunities topping the list. These motivations align with Wilmington's appeal as a city that combines coastal charm, a thriving economy, and a strong sense of community.
Retirement: Wilmington’s mild climate, stunning beaches, and vibrant cultural scene make it a haven for retirees. The 65+ age group was the top demographic moving to the state in 2024, followed by those aged 55–64.
Family: Wilmington has friendly neighborhoods, great schools, and plenty of outdoor activities. These features attract families who want to raise children in a safe and welcoming place.
Jobs: The city’s growing economy and proximity to larger metro areas like Raleigh and Charlotte make it an ideal place for professionals, especially those in higher income brackets. Growing employment opportunities in some larger industries and the healthcare industry are also drawing people to the Wilmington area.
Who’s Moving to Wilmington?
The study reveals interesting insights about the demographics of movers to North Carolina:
Income: The majority of movers to the state earned $150,000 or more, followed by those in the $100,000–$149,000 and $75,000–$99,000 income ranges.
Age: The 65+ group leads the pack, with a notable percentage of movers also in the 35–44 age range, reflecting a mix of retirees and mid-career professionals. Both UNC Wilmington and Cape Fear Community College create an increase in college-aged individuals moving to the area, who are often looking to rent.
These trends show that affluent individuals and families are drawn to Wilmington for its high quality of life, lower cost of living, and abundant opportunities.
What This Means for Renters and Property Owners
The continued influx of new residents to Wilmington has significant implications for both renters and property owners:
For Renters: With high inbound migration, the demand for rental properties is likely to remain strong in 2025. Renters may face increased competition, particularly for homes in desirable neighborhoods. However, the abundance of multifamily developments in the area could offer more options for those looking to relocate.
For Property Owners: The growing pool of potential tenants, many of whom are retirees, professionals, and students, presents an opportunity to maximize rental income. Watch our market update video for what you to expect for rental rates in 2025.
Wilmington: A Standout in the Southeast
The United Van Lines study shows that Wilmington has an 83% inbound migration rate. This rate is higher than other popular Southeastern places, like Myrtle Beach, SC, which has an 80% rate. This reflects a broader trend of Americans moving to less densely populated areas where they can enjoy affordable living without sacrificing quality of life.
Planning Your Move or Rental Strategy for 2025?
Whether you’re considering relocating to Wilmington or looking to rent your property to incoming residents, the insights from this study are clear: Wilmington is a hotspot for growth and opportunity. Read the full United Van Lines 2024 National Movers Study to dive deeper into these trends. If you’re planning to move to Wilmington or rent your property in 2025, contact us today for expert guidance and support.