by Jon Styf
Tennessee was once again one of the top states to move to, ranking fifth in U-Haul’s annual rankings of growth states based on its data for one-way equipment rentals.
Texas, Florida, North Carolina and South Carolina topped the list as Tennessee moved up from sixth to fifth this year.
“Migration to states in the Southeast and Southwest is still very pronounced,” U-Haul International President John Taylor said in a statement. “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.”
The U-Haul Growth Index is compiled from more than 2.5 million one-way U-Haul truck, trailer and U-Box moving container rentals.
Taylor noted, “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.”
Tennessee ranked sixth in U.S. Census data with an increase of 207,000 people in domestic migration over a three-year span.
Tennessee had an estimated population of 7,126,489 this July, an increase from the 7,048,976 last year and 6,910,786 from 2020.
– – –
Jon Styf is a staff reporter at The Center Square.
