California
saw the largest net loss of one-way U-Haul equipment for the 4th
consecutive year
PHOENIX, Jan. 2, 2024
/PRNewswire/ -- Texas netted the largest number of movers in
one-way U-Haul® equipment in 2023, marking the third
consecutive year it has finished atop the U-Haul Growth Index.
Florida ranks right behind
Texas among growth states for the
third year in a row, followed by North
Carolina, South Carolina
and Tennessee.
Idaho, Washington, Arizona, Colorado and Virginia round out the top 10 states for
growth.
For the fourth year in a row, California reflected the largest net loss of
one-way movers. Other bottom-five states for growth are
Michigan, New Jersey, Illinois and Massachusetts. New
York ranks 43rd.
U-Haul calculates growth states by each state's net gain
(or loss) of one-way equipment from customer transactions in a
calendar year. The U-Haul Growth Index is compiled from more than
2.5 million one-way U-Haul truck, trailer and U-Box moving
container transactions that occur annually across the U.S. and
Canada.
"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," said John "J.T."
Taylor, U-Haul International president.
"Migration to states in the Southeast and Southwest is still
very pronounced. Demand for one-way equipment out of certain
markets in the Northeast, Midwest and West Coast mirrors what we
have seen during recent moving cycles. Wherever DIY customers go,
and whatever mobility and self-storage needs they have in 2024,
U-Haul will be there with solutions."
Texas is the No. 1 growth state
for the sixth time in eight years (2016-18 and 2021-23) and has
ranked no lower than second on the U-Haul Growth Index throughout
that stretch. DIY movers arriving in Texas accounted for 50.4% of all one-way
U-Haul traffic in and out of Texas
(49.6% departures) to keep it the leading growth state.
Florida remains equally
appealing to new residents, netting almost as many one-way U-Haul
customers as Texas in 2023. The
Sunshine State has been a top-four growth state for nine years in a
row. Florida topped the U-Haul
Growth Index in 2019.
The biggest climbers year-over-year in the U-Haul growth
rankings are Arkansas (+26 spots),
Wyoming (+19), Vermont (+18), Washington (+16), Delaware (+12) and South Dakota (+12). The biggest fallers YOY
are Oregon (-15 spots),
Connecticut (-14), Pennsylvania (-14), Ohio (-14), Missouri (-13) and Indiana (-13).
2023 U-Haul Growth States
1.
|
TEXAS (1)
|
2.
|
FLORIDA (2)
|
3.
|
NORTH CAROLINA
(4)
|
4.
|
SOUTH CAROLINA
(3)
|
5.
|
TENNESSEE
(6)
|
6.
|
IDAHO (10)
|
7.
|
WASHINGTON
(23)
|
8.
|
ARIZONA (7)
|
9.
|
COLORADO
(11)
|
10.
|
VIRGINIA (5)
|
11.
|
NEVADA (13)
|
12.
|
VERMONT (30)
|
13.
|
UTAH (12)
|
14.
|
WYOMING (33)
|
15.
|
DELAWARE
(27)
|
16.
|
NEW MEXICO
(19)
|
17.
|
ARKANSAS
(43)
|
18.
|
GEORGIA (8)
|
19.
|
SOUTH DAKOTA
(31)
|
20.
|
MINNESOTA
(17)
|
21.
|
MONTANA (18)
|
22.
|
ALABAMA (20)
|
23.
|
OHIO (9)
|
24.
|
IOWA (21)
|
25.
|
HAWAII (--)
|
26.
|
WISCONSIN
(16)
|
27.
|
INDIANA (14)
|
28.
|
MISSOURI
(15)
|
29.
|
KENTUCKY
(26)
|
30.
|
WEST VIRGINIA
(25)
|
31.
|
MAINE (29)
|
32.
|
NORTH DAKOTA
(37)
|
33.
|
KANSAS (39)
|
34.
|
ALASKA (41)
|
35.
|
NEBRASKA
(32)
|
36.
|
RHODE ISLAND
(40)
|
37.
|
OREGON (22)
|
38.
|
PENNSYLVANIA
(24)
|
39.
|
MISSISSIPPI
(34)
|
40.
|
NEW HAMPSHIRE
(38)
|
41.
|
OKLAHOMA
(42)
|
42.
|
CONNECTICUT
(28)
|
43.
|
NEW YORK
(46)
|
44.
|
MARYLAND
(44)
|
45.
|
LOUISIANA
(35)
|
46.
|
MICHIGAN
(48)
|
47.
|
NEW JERSEY
(45)
|
48.
|
ILLINOIS
(49)
|
49.
|
MASSACHUSETTS
(47)
|
50.
|
CALIFORNIA
(50)
|
2022 growth rankings in parentheses
While U-Haul migration trends do not correlate directly to
population or economic growth, the U-Haul Growth Index is an
effective gauge of how well states and cities are attracting and
maintaining residents. Find the U-Haul location nearest you at
uhaul.com/locations.
U-Haul is the authority on migration trends thanks to its
expansive network that blankets all 50 states and 10 Canadian
provinces. The geographical coverage from 23,000 U-Haul truck- and
trailer-sharing locations provides a broad overview of where people
are moving like no one else in the industry.
U-Haul continues to benefit the environment through its
shared-use business model. Truck and trailer sharing enables
communities to share moving equipment so that families and
individuals don't need to own large-capacity vehicles to transfer
belongings. Sustainability initiatives like U-Haul Adaptive
Reuse (the preserving and repurposing of existing buildings
for new stores), truck modifications to improve fuel economy, and
plastic Ready-To-Go Boxes® that are shared hundreds
of times before being recycled are among the many ways U-Haul
promotes green business. U-Box Load Share, the Company's latest
sustainability program, was just named the 2023 Best in Biz gold
winner for the Most Environmentally Friendly Service of the
Year.
About U-HAUL
Founded in 1945, U-Haul is the No. 1 choice of
do-it-yourself movers with more than 23,000 rental locations across
all 50 states and 10 Canadian provinces. The enhanced U-Haul app
makes it easier for customers to use U-Haul Truck Share 24/7 to
access trucks anytime through the self-dispatch and self-return
options on their smartphones through our patented Live Verify
technology. Our customers' patronage has enabled the U-Haul fleet
to grow to 192,200 trucks, 138,500 trailers and 44,500 towing
devices. U-Haul is the third largest self-storage operator in
North America with 967,000
rentable units and 83.3 million square feet of self-storage space
at owned and managed facilities. U-Haul is the top retailer of
propane in the U.S. and the largest installer of permanent trailer
hitches in the automotive aftermarket industry. We were recently
named one of America's Best Large Employers (Forbes, 2023); a Best
for Vets Employer (Military Times, 2022); and one of the Healthiest
Workplaces in America (Healthiest Employers, 2022). Find careers
at uhauljobs.com. Get the U-Haul app from
the App
Store or Google Play.
Contact:
Jeff Lockridge
Sebastien Reyes
E-mail: publicrelations@uhaul.com
Phone: 602-760-4941
Website: uhaul.com
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SOURCE U-Haul International