U.S. Domestic Transfers: Relocation Statistics
Published in 2015, based on 2014 data
Worldwide ERC® members represent a significant portion of organizations that manage sizable relocation programs.
- $12.8 billion: amount spent annually in the U.S. on corporate relocation by Worldwide ERC® member corporations.
- $19,066,842: average annual amount each company spends to transfer its employees.
- 378,000: Estimate of the annual collective U.S. domestic transfer volume for Fortune 1000 companies.
- Approximately 39% are new hires and 61% are current employees.
- Approximately 45% are homeowners and 55% are renters.
Costs of U.S. Domestic Transfers*
- Current Employee Homeowner $85,673
- New Hire Homeowner $71,803
- Current Employee Renter $27,327
- New Hire Renter $23,766
*Based on data from the 2015 Transfer Volume & Cost Survey.
U.S. domestic transfers: Cost of Shipping Household Goods
2014 - $12,935
2013 - $12,937
2012 - $12,459
2011 - $12,652
2010 - $12,230
2009 - $11,900
2007 - $11,680
2006 - $10,342
2005 - $9,514
2004 - $10,387
2003 - $9,745
2002 - $9,658
These costs vary by family size (bigger families typically have more household goods to move) and homeowner status (homeowners typically have more household goods vs. renters).
U.S. Domestic Transfers: Number of days moving within the U.S.
On average, organizations permit their employees an average of approximately 2 weeks (13 days) to accept a formal transfer offer.
Once an employee accepts the transfer offer, employers are allowing the transferee an average of nearly 5 weeks (33 days) to move and report to their new job.
U.S. domestic transfers: Relocation bonus
Transferees typically receive some type of miscellaneous allowance that they can spend as they see fit to take care of incidentals they will incur in the new location such as getting new vehicle registrations, utility hook-ups and carpet/drapery installations. This allowance averaged $6,207 and decreased 4 percent from the previous year.
U.S. Domestic Transfers: Cost per employee for in-state and out-of-state moves
Companies don’t typically look at moving costs based on in-state vs. out-of-state status. Companies move their people wherever their facilities/offices are located or where project work is based. In addition, whether those other offices/project work are in-state or out-of-state, the costs incurred would be similar given the fact the employee’s household goods would still have to be packed and shipped, the employee would have to sell their home and find and purchase a new one (or incur costs of lease breaking and get a new lease with deposits), etc. Nevertheless, participants report that 78 percent of their U.S. domestic transfers in 2014 were interstate moves compared to 22 percent that were intrastate.