From the Wall Street Journal:
The data points to a shift away from living close to workplaces. The widespread adoption of hybrid work—allowing employees to do their jobs from home on certain days—is the key driver.
Research from Gusto, a payroll and benefits software company, shows that younger employees and high earners—defined as those who make over $250,000—are choosing to live farther away from their offices.
The average distance to work rose to 27 miles at the end of 2023 from 10 miles in 2019, according to Gusto’s study of 52,000 employees at more than 6,800 businesses. Among employees in their late 30s, that distance nearly tripled to 29 miles.
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