Interesting Statistics about Home Moving Industry 2019

Fitzgerald is known for well-planned and carefully moving schedules since 1978. We are also one of the cost-effective and affordable movers with a large team enabling clients to relocate based on their requirements. The overall excellent customer service, adept performance at shifting, and low charges for services provided to the customers makes Fitzgerald one of the most sought after mover companies in the market. Our customers can also customize their service by selecting the hours, service and the number of helpers needed in their shifting procedure. Also, Fitzgerald allows a customer to have benefits like getting a quote instantly on requesting their services, innumerable reviews that help to decide their credibility, a customer’s code serves as their insurance and payment is not given to the movers unless the customers are satisfied with our job.

The very idea of relocation is closely connected to the idea of moving which is not as simple as many people make it sound. The whole idea of moving to a new settlement is quite a complex process that needs a lot of methodical planning. Also, it is quite obvious for everyone to face relocation at some stage of life. So, if you feel completely hassled and perplexed by the thought of moving, there are certain guidelines that will help you to boost your spirits to get set go for your relocation plans.

Below is a list of few important statistics that will be interesting to you if you are planning to move your office:

A LARGE NUMBER OF COMPANIES

A large impressive number of companies lead to the reallocation of their employees. This relocation thing is happening all the time as this proves the level of development of such service countries. The rate of relocation in countries that have so many companies proves that the moving industry is a competitive market. This is a great thing for customers as this ensures constant quality across the board. 

MOSTLY SMALL BUSINESSES

The moving industry mostly has small businesses adding to this moving statistics. It has been seen that 47.8% of the total number of companies involved in the moving business does not employ more than 5 people. This also comes out to be one of the most important statistics of the moving industry. In fact, large corporate only contribute to 10% of the moving industry. So, it can be rightly said, that the moving industry is mostly run by entrepreneurs.

NUMBER OF EMPLOYEES

With small companies that contribute to the moving industry statistics, one might be wondering the number of employees moving industry might be employing. The figure has been revealed to 122,600 people currently working in the moving companies. This industry is felt to be quite a booming one that extends its employment opportunities to many people by giving them an overall aggregate annual payroll of around $3.6 billion. This is what makes the moving industry an extremely valuable one.

RATE OF GROWTH

After all these figures, a question of inquisitiveness might occur as to how the moving industry is faring these days. Though many sectors of the companies have suffered setbacks in the previous years, but the moving companies are actually doing quite well. The complete industrial sector is believed to have suffered a loss and a setback during the world economic crisis. But the moving industry has been experiencing a steady growth all over again where a growth rate of around 3% has been reported to taken place in the previous year.

MOVING PLANS TAKE PLACE AT A DEFINITE TIME OF THE YAER

As it has been recorded that around 43 million people move over every year, a close study also reveals that the moving takes place mostly during the time of summer. It is believed to be a busy time for the real estate market and for the professional companies that get involved in the moving of their employees. This is also the time when the moving companies increase their service rates because of the high demand of their services. So, if you can, try moving beyond the summer season to get the moving rates at an affordable price.

MANY TRY SKIPPING THE MOVERS COMPANY’S SERVICES

A number of reasons compel many people to prefer moving on their own rather than hiring professional movers. For new people who are moving for the first time, hiring professional movers can actually be very costly for them. The services of such companies get quite complex while booking and also put the customer or in a situation that is succumbed to time constraint. Many such people choose a portable storage company to help them in their moving as they are convenient, affordable and offer a high flexibility to consumers during such hectic times.

WHERE DO PEOPLE RELOCATE

The geographical dynamics of the moving industry can be determined to the places where people mostly relocate to. An 82% of people move within the same state of the US when they are told to relocate from the company. But it can be inferred that local move is quite an easier and smaller change to bear than the moving that is done beyond the same state. That is why very few people hire cross country movers if they are living in New York.

THE STATES WITH THE MOST RELOCATIONS

The idea of a person moving locally is quite wider than what we actually think about it. It just does not mean moving to a few blocks away from the present one but internal relocation can be quite a hassle too. In this aspect, the states that experience the maximum number of internal relocation are Florida, Texas and California.

REASON FOR MOVING 

To get a better statistics about the moving industry, the reasons for doing so has been attached with the statistics by conducting a study with people who have experienced moving at least once in their life time. Let us go through it:

● Wanted new or better home/apartment — 17.4%

● To establish one’s own household — 12.2%

● New job or transfer — 10.8%

● Other family reasons — 10.5%

● Opting for cheaper housing — 8.2%

● Other housing reasons — 6.7%

● To be closer to work/commute easily — 6%

● Wanted to own their own home instead of  rent — 5.9%

● Change in marital status — 4.8%

● Other reasons — 4.4%

● To attend or leave college — 3.2%

● Wanted healthy neighborhood/less crime — 3.1%

● Health reasons — 1.8%

● To look for work or lost job — 1.5%

● Other job-related reasons — 1.2%

● Foreclosure/eviction — 0.9%

● Change of climate — 0.8%

● Facing Retirement — 0.7%

● Affected by Natural disaster — 0.1%

These are some of the major facts that we find interesting for those who are in moving industry and plan to move their home or office. If you want to share your experience or need more information regarding our office moving services, contact us.