Current:Home > FinanceU-Haul report shows this state attracted the most number of people relocating -EverVision Finance
U-Haul report shows this state attracted the most number of people relocating
View
Date:2025-04-12 05:15:58
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! (353)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- US Supreme Court declines to hear 2nd Illinois case challenging state’s ban on semiautomatic weapons
- Newspaper sues city for police records, mayor directs ‘immediate steps’ for response
- Are eggs good for you? Here's the healthiest way to eat them.
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Madewell Added These Bestsellers to Their Sale-On-Sale & I’m Building My Winter Capsule Wardrobe Now
- US fighter jets to fly over Bosnia in a sign of support to the country as Serbs call for secession
- ITZY is showing who they were 'BORN TO BE': Members on new album, solo tracks and evolving.
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- We thought the Golden Globes couldn't get any worse. We were wrong.
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Opening statements expected in trial over constitutional challenge to Georgia voting system
- Campaign to save Benito the Giraffe wins him a new, more spacious home in warmer southern Mexico
- Iowa Legislature reconvenes with subdued start ahead of presidential caucuses
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Jonathan Majors breaks silence in first interview: 'One of the biggest mistakes of my life'
- Randy Moss, Larry Fitzgerald among 19 players, 3 coaches voted into College Football HOF
- Pennsylvania Senator sends letter demanding details of baby formula recall
Recommendation
South Korean president's party divided over defiant martial law speech
Massachusetts Gov. Maura Healey announces $375 million in budget cuts
Pakistani officer wounded while protecting polio vaccination workers dies, raising bombing toll to 7
Arrest warrant issued for Montana man accused of killing thousands of birds, including eagles
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Jim Gaffigan on surviving the holidays reality TV-style
Latest on FA Cup after third round: Arsenal eliminated, seven EPL teams in replays
Indiana Pacers All-Star point guard Tyrese Haliburton carried off floor with injury