Some people love it, while others hate it, but regardless of your feelings about remote work, the reality is that it’s here to stay because there’s nothing more convenient than being able to take your job with you wherever there is an internet connection.

Thanks to recent data from apartmentlist.com, we know that remote work has increased over the last 12 months, especially during the height of the COVID-19 pandemic.

It’s understandable why more people have moved over the last 12 months, compared to 2019, because the Pandemic had everyone on edge, and most people wanted to escape the city in favor of suburban areas. 

Now that the United States is seemingly winning the war against COVID-19, the remote work trend is only continuing because people who work from home don’t have to commute and have a better work/life balance.

What’s fascinating about the apartmentlist.com data is they found that high-income earners (households earning over $150K per year) are leading the migration trend nationwide.

In the past, high-income earners were unlikely to move, but times have changed and they are now 53% more likely to move than on-site workers.

Instead of staying closer to the city, wealthy workers are moving farther away. and in most cases, they are more likely to choose rural areas where the cost of living is significantly less compared to urban areas.

Will the migration trend from high-end earners continue? The answer to this question is likely yes, as more people who have the flexibility to move are likely to take that opportunity, especially if they want to stretch their incomes farther.

Contact Jevons Property Management

Are you interested in targeting remote workers for your rental property?

Our property management team specializes in marketing and we will find the most qualified remote workers for your investment property.

To learn more about the services that we can offer you, contact us today by clicking here.