This study investigated the social and economic factors underlying environmental migration in the Owakurudu community of Ijebu-Ode, Ogun State, Nigeria. A high prevalence of environmental migration is linked to severe challenges posed by recurrent flooding and other forms of environmental degradation. The research employed the survey design, collecting data from 120 residents using self-developed instruments to measure social and economic influences. Findings reveal that social factors, such as community cohesion, healthcare access, and social support networks, and economic factors, comprising employment opportunities and income levels, underly migration decisions. The study underscores the importance of addressing these intertwined vulnerabilities to foster resilience within the community amid ongoing environmental crises. Recommendations include improving social infrastructure, diversifying economic opportunities, enhancing disaster preparedness, and increasing access to financial resources.