Looking for a quick and accurate accounting of the top destinations where people are moving? Let’s take a look at U-Haul Growth States. No surprise - Texas is the U-Haul #1 Growth State in America for the third consecutive year.
Texas arrivals of one-way U-Haul trucks were up 5% compared to the state's 2017 numbers, while arrivals accounted for 50.2% of all one-way U-Haul traffic in Texas. Communities in and around the Houston, Dallas-Fort Worth, and Austin-Round Rock metropolitan areas continued to see some of the largest influxes of rental truck traffic in the state.
“Since Houston is booming, surrounding cities are seeing growth as well,” noted Robert Abidin, U-Haul Company of Northeast Houston president. “Spring is home to the new ExxonMobil® campus, which is bringing thousands of jobs to the area. The oil and gas industry brings people from all over the world to Texas.”
“North Texas is truly bursting at the seams,” stated Kevin Flanagan, U-Haul Company of Northwest Dallas president. “McKinney, Frisco and the entire Dallas-Fort Worth metroplex has been growing substantially in recent years. Texas is gaining more residents than any other state. I think it is the most desirable state in which to live. Obviously, many U-Haul truck-sharing customers agree with me.”
Florida ranked second for a third year in row. South Carolina inched up one spot to No. 3, while fast-risers Utah and Idaho rounded out the top five states for growth.
Survey Methods
Growth states are calculates by the net gain of one-way U-Haul trucks entering a state versus leaving that state during a calendar year. Migration trends data is compiled from more than 2 million one-way U-Haul truck sharing transaction that occur annually.
While migration trends do not correlate directly to population or economic growth, U-Haul growth data is an effective gauge of how well states and cities are attracting and maintaining residents.
Thanks to its expansive network that blankets all 50 states and 10 Canadian provinces, U-Haul is the authority on migration trends. The geographical coverage from more than 21,000 U-Haul truck and trailer sharing locations provides a comprehensive overview of where people are moving like no one else in the industry.
Previous year rankings in parentheses. Washington, D.C. is its own U-Haul market and is listed among growth states for migration trends purposes. Hawaii is not included since state-to-state truck transactions are not applicable.
We thought the U-Haul study was an interesting reflection on the migration of people in our country and to our state. When you are moving and have questions about insurance both at your destination and while you are in transit, please call us.
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Source: U-Haul Growth States