Florida Tops 23M: Should You Move to the Sunshine State?

This milestone confirms Florida’s status as the third most populous state in the US, trailing behind California’s 39.5 million residents and Texas’ 30.5 million inhabitants. Last year alone, Florida saw an increase of nearly 359,000 residents and has consistently added between 350,000 and 375,000 people annually throughout this decade.

However, experts anticipate that this population growth rate will peak this year and then gradually decline for the remainder of the 2020s. The decline is attributed to the decreasing number of baby boomers entering retirement. By the early 2030s, Florida’s growth rate is expected to drop below 1% after peaking at an estimated 1.6% this year.

People moving to Florida from other parts of the US and abroad have been the main drivers of the state's population growth since the COVID-19 pandemic began in early 2020. Meanwhile, deaths have outnumbered births in Florida since late 2019 and early 2020, a trend that is projected to continue well into the next decade.

Notably, nearly 10% of Florida’s residents are 75 and older, placing it second only to Puerto Rico among U.S. states and territories regarding the proportion of elderly residents. This demographic trend underscores the state’s appeal to retirees, drawn by the warm climate, tax benefits, and extensive senior living communities.

When’s the Best Time to Move to the Sunshine State?

For those considering a move to Florida, timing can significantly affect the overall experience and ease of transition. Here are some key factors to consider:

Seasonal weather patterns

Florida is known for its tropical climate, which brings hot and humid summers and mild winters. If you prefer to avoid the sweltering heat and the potential for hurricanes, the best time to move would be from November to April, or in the late fall to early spring months. During this period, temperatures are more moderate, and the risk of hurricanes is minimal.

Housing market trends

The housing market in Florida can be pretty dynamic, with seasonal fluctuations. Historically, the real estate market tends to slow down during the winter holidays and pick up in the spring and summer. Moving during the winter months might provide more opportunities for negotiating better deals, as there are typically fewer buyers competing for homes.

Tourism and traffic

Florida is a tourist destination, especially during the summer and winter holidays. Moving during peak tourist season can lead to increased traffic, higher accommodation costs, and crowded attractions. To avoid these hassles, consider planning your move during the off-peak months, such as September to November or January to March.

School year considerations

Moving during the summer break can be ideal for families with school-aged children. This timing allows children to transition smoothly without disrupting their academic year. Additionally, it provides ample time to settle into a new home and community before the school year begins.

Economic and employment opportunities

Florida’s booming economy and diverse job market are significant draws for new residents. The state is known for its vital tourism, healthcare, and technology sectors. If you’re moving for work, aligning your relocation with job openings and recruitment cycles in your industry can enhance your chances of securing employment.

Final thoughts

With its vibrant communities, favorable climate, and growing economy, Florida attracts a steady stream of new residents. While population growth is expected to peak this year, the Sunshine State remains a desirable destination for those seeking a new place to call home. By considering weather, housing market trends, and school schedules, prospective movers can determine the best time to make their transition to Florida as smooth and enjoyable as possible.