In-migration of individuals supports innovative industries by bringing in diverse and in-demand skill sets. Employers view population growth as positive because it means the labor pool is expanding. Along with population growth, however, comes the demand for increased government services, including social services, transportation and other infrastructure needs.
Tampa Bay remains a top locale to move to in the 2024 report. We rank 1st in Net Migration for the second consecutive year with a rate of 2.80%. The young adult in-migration rate improved to 9.73%, and we increased another four steps in the rankings, arriving at 4th place. Most populations in the comparison communities set have in-migration rates between 7 and 10%, which shows a relatively mobile working-age population.