Texas is the No. 1 state for growth, according to U-Haul

by Emily Marek

According to U-Haul, Texas has ranked in the top spot yet again for one-way moves within the U.S.

The moving and trucking company’s latest U-Haul Growth Index determined growth by analyzing the number of U-Hauls departing vs. arriving in states during 2022. The Lone Star State took the top spot on U-Haul’s list for the second year in a row and for the fifth time since 2016. The report also shows that one-way U-Haul arrivals actually increased in Texas from 2021 to 2022. Particularly, Missouri City, Richardson and Conroe were the hottest Texas cities on U-Haul’s list.

“Texas is great because you have a low cost of living, no state income tax and deregulated energy costs,” said Robert Abidin, president of U-Haul Company of Northeast Houston. “Texas is also the energy capital of the U.S. We’re home to every major industry. Anything you’re looking for in Texas, you can find in Texas,”

Other high-ranking states for growth include Florida and the Carolinas, while the states with the highest increases over their 2021 rankings were Virginia and Alabama. On the flip side, California and Illinois ranked last on the list, with far more U-Hauls leaving than arriving.

“The 2022 trends in migration followed very similar patterns to 2021 with Texas, Florida, the Carolinas and the Southwest continuing to see growth,” said U-Haul International president John Taylor. “We still have areas with strong demand for one-way rentals. While overall migration in 2021 was record-breaking, we continue to experience significant customer demand to move out of some geographic areas to destinations at the top of our growth list.”

U-Haul’s Growth Index Report was compiled using over two million one-way truck transactions that occurred during 2022.

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