Single HENRYs are fleeing West Coast cities like San Francisco and Los Angeles for the Sunbelt, study finds

• The Sunbelt has seen its population continue to surge since the pandemic hit in 2020. 
• But now, it's West Coasters who are increasingly moving south.
• These movers are disproportionately higher-income, a new Bank of America report found.

Southern and Southwestern American cities have welcomed a growing number of new residents for decades. As manufacturing hubs in the Rustbelt contracted, many Midwesterners found their way south to warmer climates in relatively affordable cities and suburbs.