The U-Haul Growth Index for 2023 highlights the top 10 states for growth, based on the largest numbers of movers headed to those states using one-way U-Haul equipment rentals.
Texas topped the list, with Florida close behind—both holding their spots for the third consecutive year—followed by North Carolina, South Carolina, and Tennessee.
Meanwhile, United Van Lines has released its 47th Annual National Movers Study, with insights based on the company’s exclusive data for customers’ state-to-state migration patterns.
The study reveals which states and regions had the highest numbers for inbound and outbound moves in 2023. And the West topped the outbound list as Americans moved south and east to less expensive metros with comparable amenities.
Read on for the highlights.
2023 U-HAUL GROWTH INDEX PUTS TEXAS AND FLORIDA AT THE TOP—FOR THE THIRD STRAIGHT YEAR
In 2023, Texas had the largest number of inbound movers with one-way U-Haul equipment rentals, marking the third straight year it has topped the list of leading growth states in the U.S.
U-Haul bases its growth ranking on over 2.5 million one-way equipment rental transactions made every year across the U.S. and Canada—specifically each state’s annual net gain (or loss) of one-way equipment from customer transactions.
U-HAUL’S TOP 10 STATES FOR GROWTH IN 2023
- Texas
- Florida
- North Carolina
- South Carolina
- Tennessee
- Idaho
- Washington
- Arizona
- Colorado
- Virginia
Texas has ranked at #1 for six out of the past eight years, topping the list from 2016 to 2018 and from 2021 to 2023. For that eight-year stretch, it’s ranked no lower than #2.
Florida has been in the top four for nine years straight, taking the number one spot in 2019.
THE BIGGEST YEAR-OVER-YEAR CLIMBERS IN U-HAUL GROWTH RANKINGS FOR 2023:
- Arkansas (+26 spots)
- Wyoming (+19)
- Vermont (+18)
- Washington (+16)
- Delaware (+12)
- South Dakota (+12)
THE BIGGEST YEAR-OVER-YEAR SLIDERS IN U-HAUL GROWTH RANKINGS FOR 2023:
- Oregon (-15 spots)
- Connecticut (-14)
- Pennsylvania (-14)
- Ohio (-14)
- Missouri (-13)
- Indiana (-13)
For the fourth consecutive year, California has seen the largest net loss of one-way inbound movers according to U-Haul rental data.
U-HAUL’S BOTTOM FIVE STATES FOR GROWTH IN 2023
- California
- Michigan
- New Jersey
- Illinois
- Massachusetts
- New York
While one-way transactions in 2023 remained below the record-breaking levels we witnessed immediately following the pandemic, we continued to see many of ...