Thursday, February 9, 2023

According to a report by U-Haul, Texas was the state where most people moved in 2022

TEXAS – For the second year in a row, Texas was the top destination to move in 2022, ranking as the fastest growing state in U-Haul’s annual Growth Index.

The state was ranked No. 1 for the fifth time since 2016, while Florida was a close second. Missouri City, Richardson and Conroe were the cities with the highest net gains for the Lone Star State.

The U-Haul Growth Index is compiled based on the net profit of one-way U-Haul trucks arriving in a state or city compared to those departing from that state or city in a calendar year. haul website.

U-Haul says 2021 saw a record number of moves, and while that rate has slowed slightly in 2022, the trend of moving to the southwest and southeast continues.

Illinois ranked 49th on the list and California 50th, as the moving truck company saw high rental demand except for the West Coast, Midwest and Northeast.

The top climbers for the year were Virginia and Alabama, both up 26 spots compared to 2021. Virginia moves from 31st in 2021 to fifth in 2022, and Alabama moves from 46th in 2021 to 20th in 2022.

The company cautions that population and economic growth are not directly related to U-Haul migration trends, but says that more than 2 million truck transactions at its 23,000 U-Haul truck and trailer share locations are a good indicator that How US States Are Attracting New Residents. ,

Nation World News Desk
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