Summary
A study by Redfin shows that nearly 30,000 people moved away from high-flood-risk areas in the U.S., with Miami and Houston experiencing the largest outflows. The movement is influenced by increasing risks of flooding and high housing costs. Miami-Dade County, Harris County, and Kings County saw significant population decreases due to these concerns.
Key Facts
- Around 30,000 people left high-flood-risk areas in the U.S. over the past year.
- High-risk areas refer to places where 23.7% to 99.1% of homes could be affected by flooding.
- Miami-Dade County had the largest net population loss, with more than 67,000 people leaving.
- Harris County, Texas, saw a net loss of over 31,000 residents.
- Brooklyn, New York, experienced a net outflow of more than 28,000 people.
- Orleans Parish, Louisiana, has the highest percentage of homes at risk, losing nearly 5,000 residents.
- Rising homeowners insurance premiums and home association fees contribute to people leaving.
- Natural disasters like Hurricane Darren and Hurricane Harvey continue to impact these areas.
