Seventy percent of people who recently moved say that broadband internet was an important factor in their home search, according to new study conducted for Verizon by Morning Consult.
More than half of all movers wanted better technology infrastructure for both home and wireless networks at their new home location.
Key findings from the Verizon Movers Study:
- More than half of respondents said access to 5G was an important factor in their move.
- Those who’ve moved are more likely now compared to before their move to own and live in a single-family home.
- Among U.S. adults who’ve moved in the past 18 months, 44% report living in a home, condo, or apartment they own, representing an 8-point increase from 36% who owned their home prior to their most recent move.
- A slight majority of recent movers — 51% — say they currently live in a single-family home, representing a 5-point increase from the 46% who lived in a single-family home prior to their most recent move.
- Three in four movers remained within their state but those working in a hybrid or remote format were more likely to have moved to a different state compared to those working in person (31% vs. 18%).
- More than half of recent movers wanted to live in an area with better infrastructure for fast home Internet (52%) and reliable cellular service (54%).
- 34% of study respondents said that installation of new broadband connectivity took more than two hours.
“With more people on the move actively selecting their next home based on home internet capabilities, our 5G Home Internet is ideal for those looking for something ultra simple, ultra fast and at an amazing value,” Frank Boulben, the Chief Revenue Officer for Verizon Consumer Group, said in a press release. “With 5G Home Internet, LTE Home Internet and our award-winning Fios, we’ll quickly become THE home Internet provider across the US.”
The poll included input from 1,000 US adults who have moved within the past 18 months. It was conducted between December 14, 2021 and January 5, 2022.