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Why Is Geographic Mobility Declining?

Author

Listed:
  • John Bailey Jones
  • Yue Li
  • Urvi Neelakantan

Abstract

Key Takeaways In the U.S., people of all ages are moving less than they did 30 years ago. In this article, we describe some of the leading economic explanations for this decline in geographic mobility. One set of explanations focuses on long-term trends such as population aging and expanding earnings opportunities for women. Another set of explanations focuses on changes in the geographic distribution of earnings, urban amenities and housing prices.

Suggested Citation

  • John Bailey Jones & Yue Li & Urvi Neelakantan, 2025. "Why Is Geographic Mobility Declining?," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, vol. 25(19), May.
    • Handle: RePEc:fip:fedreb:99973
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    File URL: https://www.richmondfed.org/publications/research/economic_brief/2025/eb_25-19
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