🌙 Join us in Dallas on November 4 for CRE Daily’s first-ever live event. Learn more ➔

Remote Workers Incentives Drive City Growth

Cities compete with big cash and perks to lure remote workers, fueling economic growth and reversing population decline.
Cities compete with big cash and perks to lure remote workers, fueling economic growth and reversing population decline.
  • US cities and towns are offering cash incentives—often $5K to $10K—plus perks like concert tickets, golf memberships, and co-working spaces to attract fully remote workers.
  • Platforms like MakeMyMove have seen explosive growth, from 20 relocation programs in 2020 to over 178 today, as communities seek to reverse brain drain and stimulate local economies.
  • Established programs like Tulsa Remote have proven economic benefits, but smaller and newer initiatives face challenges in achieving scale and retaining workers long term.
Key Takeaways

Once a niche pandemic-era idea, paying people to move is now a mainstream play for cities trying to grow their populations and economies, reports WSJ. From Indiana to Kentucky, communities are wooing remote workers with cash and perks. Some even offer personal welcomes from the mayor himself.

A Relocation Comeback Story

Brandon Speece left Indiana for Texas six years ago, but the rise of remote work during the pandemic opened the door for a return. Noblesville, Ind., sealed the deal with a $5K relocation bonus plus concert tickets, a golf membership, and co-working space access. He and his fiancée moved in 2023, later buying a house—something out of reach in Austin’s expensive housing market.

Night Cap GIF Banner

The Bigger Picture

MakeMyMove, a platform for relocation offers, has grown from about 20 programs in 2020 to over 178 today. The target audience: an estimated 17M Americans who work fully remotely, a share that has held steady since 2023. Cities hope to reverse decades of population loss, but experts warn success requires ongoing support to keep newcomers long term.

Incentives Get Creative

Relocation packages vary widely:

  • Tulsa Remote offers $10K to move for at least one year; 70% of participants since 2019 still live there.
  • Noblesville, Ind. has relocated 102 remote workers since 2022, reporting a 90% retention rate and projecting a $37.6M economic impact over five years.
  • EKY Remote in Eastern Kentucky has moved 51 households since 2024, bringing $7.4M in wages to a region hit hard by the coal industry’s decline.

Perks now include bourbon distillery tours, park passes, gym memberships, and coffee meetups with local officials.

Why It Matters

Studies suggest remote-worker incentives can yield strong returns. Tulsa Remote found every $1 invested generated over $4 in local economic benefits, outperforming traditional business subsidies in job creation efficiency. For cities like Noblesville, attracting residents is also a prerequisite to luring businesses.

What’s Next

As more communities compete for the same pool of workers, offers may get even more elaborate. Smaller towns face hurdles in scaling their programs. For those combining financial incentives with livability and community ties, the strategy could reshape local economies for the long haul.

RECENT NEWSLETTERS
View All
Prologis Powers Into AI Era With $8B Data Center Expansion
October 6, 2025
READ MORE
CRE Braces for Fallout From Federal Shutdown
October 3, 2025
READ MORE
Buy or Build? Hines Challenges Conventional Real Estate Cycle Wisdom
October 2, 2025
READ MORE
CRE Fundraising on Pace for $129B in 2025
October 1, 2025
READ MORE
CRE Daily - No Cap

podcast

No CAP by CRE Daily

No Cap by CRE Daily is a weekly podcast offering an unfiltered look into commercial real estate’s biggest trends and influential figures.

Join 65k+
  • operators
  • developers
  • brokers
  • owners
  • landlords
  • investors
  • lenders

who start their day with CRE Daily.

The latest news and trends in commercial real estate delivered to your inbox. Get smarter about what matters in just 5-minutes or less.