Current:Home > FinanceU-Haul report shows this state attracted the most number of people relocating -Wealth Evolution Experts
U-Haul report shows this state attracted the most number of people relocating
View
Date:2025-04-16 03:05:30
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! (72)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Top election official in Nevada county that is key to the presidential race takes stress leave
- Why 'My Old Ass' is the 'holy grail' of coming-of-age movies
- Suspicious package sent to elections officials in Minnesota prompts evacuation and FBI investigation
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- A rare condor hatched and raised by foster parents in captivity will soon get to live wild
- Democrats challenge Ohio order preventing drop-box use for those helping voters with disabilities
- The Special Reason Hoda Kotb Wore an M Necklace While Announcing Today Show Exit
- Bodycam footage shows high
- Meghan Trainor talks touring with kids, her love of T-Pain and learning self-acceptance
Ranking
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Billie Jean King nets another legacy honor: the Congressional Gold Medal
- Rescuers save and assist hundreds as Helene’s storm surge and rain create havoc
- Christine Sinclair to retire at end of NWSL season. Canadian soccer star ends career at 41
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Sean Diddy Combs Accused of Rape and Impregnating a Woman in New Lawsuit
- Kentucky Gov. Beshear seeks resignation of sheriff charged with killing judge
- What to watch: George Clooney, Brad Pitt's howl of fame
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Top election official in Nevada county that is key to the presidential race takes stress leave
Dame Maggie Smith, 'Downton Abbey' star and Professor McGonagall in 'Harry Potter,' dies at 89
Urban communities that lack shade sizzle when it’s hot. Trees are a climate change solution
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Federal government postpones sale of floating offshore wind leases along Oregon coast
Indicted New York City mayor adopts familiar defense: He was targeted for his politics
Beware: 'card declined' message could be the sign of a scam