As climate concerns and economic pressures intensify, more Florida residents are packing up and heading to neighboring states—most notably Georgia. New migration data signals a growing shift away from the Sunshine State, reflecting heightened anxieties over the risks of coastal living and affordability challenges.
According to a recent analysis by data research firm Cotality, 15% of mortgage applications filed by individuals leaving Florida are for properties in Georgia. This trend represents more than a simple preference; it highlights a regional migration pattern driven by both environmental and financial factors.
Experts say the momentum has been building as the impacts of climate change—such as rising sea levels, hurricanes, and flooding—become harder to ignore. While Florida’s beaches and sunny lifestyle have long attracted residents and investors, the risks and costs associated with living near the coast are beginning to outweigh the benefits for many.
“People are reconsidering the long-term sustainability of life in certain parts of Florida,” said a Cotality analyst. “With insurance premiums surging and the threat of severe weather events increasing, Georgia stands out as a nearby alternative offering more stability and affordability.”
Recent data also reveals a notable decline in mortgage applications within Florida itself—from both in-state and out-of-state buyers. This softening in housing demand indicates that not only are existing Floridians choosing to leave, but fewer people are looking to move in. In contrast, Georgia continues to draw attention for its relatively lower housing prices, strong inland markets, and reduced exposure to natural disasters.
In cities like Atlanta, Macon, and Augusta, the influx of new residents from Florida is beginning to reshape local housing markets. Real estate professionals across Georgia report a noticeable uptick in inquiries from out-of-state buyers—many citing Florida as their point of departure.
The trend reflects a broader re-evaluation of risk and value. In recent years, insurance companies have pulled out of Florida or raised rates dramatically, citing unsustainable exposure to climate-related damage. Meanwhile, Georgia has remained comparatively shielded from such volatility, and it’s emerging as a top choice for homeowners seeking peace of mind and financial practicality.
While Florida remains one of the nation’s most populous states, these shifts suggest that the allure of coastal living may be giving way to the realities of long-term climate risk and rising costs. For now, Georgia appears to be the beneficiary of this evolving migration story—offering a more grounded alternative for those ready to relocate inland.