Life in the Fast Lane
The share of workers enjoying shorter commutes has risen notably compared to pre-pandemic times.
To the satisfaction of many employees used to rush hour traffic after a long day of work, journeys of less than 30 minutes have become more common between 2019 and 2022, according to the Census Bureau, indicating a positive trend for millions of working Americans.
Here’s what the data tell us:
• <15 minute commutes increased from 24.8% in 2019 to 26% in 2022.
• 15-29 minute commutes increased from 35.6% in 2019 to 36.8% in 2022.
• 30-44 minute commutes decreased to 20.9% in 2022 from 21.2% in 2019.
• 45-59 minute commutes decreased from 8.5% in 2019 to 7.9% in 2022.
• 60+ minute commutes decreased from 9.8% in 2019 to 8.5% in 2022.
And that’s not including remote workers, who would naturally drag the averages down.
However, influencing these changes are factors such as the post-pandemic surge in remote work, as well as the so-called Great Reshuffling, in which employees left jobs and sometimes cities in search of more accommodating work arrangements. Hybrid schedules, and a subsequent decline in road traffic has further sped up these commute times.
Driving Positive Change
Shorter commutes aren’t just about saving time. They’re a gateway to reduced environmental impact, improved mental health, and heightened job satisfaction.
With less time on the road, the average working American has more time to spend on self care and quality moments with friends and family.
Looking for more stories like this? Check out On the Money — SoFi’s one-stop-shop for news, trends, and tips!
Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Advisor
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.