Current:Home > StocksU-Haul report shows this state attracted the most number of people relocating -MoneyFlow Academy
U-Haul report shows this state attracted the most number of people relocating
View
Date:2025-04-14 05:16:03
For the third consecutive year, Texas had the largest number of people moving to the state, according to U-Haul's Growth Index report.
Each year, the moving equipment rental company tracks the net gain of one-way U-Haul trucks arriving in a state or city compared with the net gain of trucks leaving that same state or city. Texas tops 2023's list, followed by Florida, North Carolina, South Carolina and Tennessee.
According to U-Haul, there are over 2 million one-way U-Haul truck transactions each year within the U.S. and Canada. The report gives a snapshot of do-it-yourself movers in 2023, but does not account for the total population of movers, such as those who used other rental companies or methods of moving.
U-Haul said in its report that the findings do not “correlate directly to population or economic growth.”
Top states for movers
These states saw the largest influx of movers in 2023, according to U-Haul:
- Texas
- Florida
- North Carolina
- South Carolina
- Tennessee
- Idaho
- Washington
- Arizona
- Colorado
- Virginia
- Nevada
- Vermont
- Utah
- Wyoming
- Delaware
California is at the bottom of U-Haul’s list for states that gained population, following similar net-migration trends revealed in 2022 U.S. Census data.
Southern states grew by more than 1.3 million people in 2022, making it the fastest-growing region in the U.S., according to data from the U.S. Census Bureau.
The South experienced a growth of 1.1% over 2021, largely driven by domestic and international migration. Since 2018, the South has experienced increasing year-to-year net domestic migration and is the most populous region in the U.S. at 128.7 million people, according to the most recent data available.
Texas reigns as top state for movers, third consecutive year
U.S. Census data shows Texas’ population has increased more than any other state since 2022. Over 668,000 people moved to Texas from another state in 2022. While almost half a million people left the state, Texas had a net gain of about 174,000 new residents.
Equipment rentals arriving in Texas accounted for more than 50% of all one-way U-Haul traffic in and out of the state, fueling its growth, according to the U-Haul report.
In a news release, John “J.T.” Taylor, U-Haul International president, said, “While one-way transactions in 2023 remained below the record-breaking levels we witnessed immediately following the pandemic, we continued to see many of the same geographical trends from U-Haul customers moving between states.”
“While one-way transactions in 2023 remained below the record-breaking levels we witnessed immediately following the pandemic, we continued to see many of the same geographical trends from U-Haul customers moving between states," John Taylor, U-Haul International's president, said in a news release.
See complete list of U-Haul growth states ranked
On the move:A move from California to Texas could save a million dollars. Many Americans are opting in
veryGood! (8132)
Related
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- On Chicago’s South Side, Naomi Davis Planted the Seeds of Green Solutions to Help Black Communities
- Harry Styles’ 7 New Wax Figures Will Have You Doing a Double Take
- Keep Up With Kylie Jenner and Jordyn Woods' Friendship: From Tristan Thompson Scandal to Surprise Reunion
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Wildfire Haze Adds To New York’s Climate Change Planning Needs
- Environmental Justice Advocates Urge California to Stop Issuing New Drilling Permits in Neighborhoods
- Bumble and Bumble 2 for the Price of 1 Deal: Get Frizz-Free, Soft, Vibrant Hair for Just $31
- What to watch: O Jolie night
- Q&A: The Truth About Those Plastic Recycling Labels
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Restoring Seabird Populations Can Help Repair the Climate
- Carbon Credit Market Seizes On a New Opportunity: Plugging Oil and Gas Wells
- Warming and Drying Climate Puts Many of the World’s Biggest Lakes in Peril
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- SunZia Southwest Transmission Project Receives Final Federal Approval
- As Youngkin Tries to Pull Virginia Out of RGGI, Experts Warn of Looming Consequences for Low-Income Residents and Threatened Communities
- Climate Change Made the Texas Heat Wave More Intense. Renewables Softened the Blow
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Red States Stand to Benefit From a ‘Layer Cake’ of Tax Breaks From Inflation Reduction Act
An Agricultural Drought In East Africa Was Caused by Climate Change, Scientists Find
Carlee Russell Found: Untangling Case of Alabama Woman Who Disappeared After Spotting Child on Interstate
Senate begins final push to expand Social Security benefits for millions of people
Cleveland’s Tree Canopy Is in Trouble
Study: Microgrids Could Reduce California Power Shutoffs—to a Point
Fossil Fuel Companies and Cement Manufacturers Could Be to Blame for a More Than a Third of West’s Wildfires