COLORADO: U-Haul No. 9 Growth State for 2017

Jan 8, 2018

Colorado was the No. 9 Growth State for 2017, according to U-Haul data analyzing the past year’s U.S. migration trends.

Year-over-year arrivals of one-way U-Haul truck rentals climbed 4.5 percent while departures also rose 4.5 percent from Colorado’s 2016 numbers.

Arriving trucks accounted for 50.3 percent of all one-way U-Haul traffic in Colorado to keep it among the leading net-gain states. Colorado secured the No. 11 growth ranking for 2016 after claiming the No. 22 spot for 2015.

Growth States are calculated by the net gain of one-way U-Haul truck rentals entering a state versus leaving a state during a calendar year. Migration trends data is compiled from more than 1.7 million one-way U-Haul truck rental transactions that occur annually.

Texas was the No. 1 Growth State for the second year in a row. Florida, Arkansas, South Carolina and Tennessee rounded out the top five, and North Carolina ranked seventh, continuing a strong growth movement in the Southeast. California overtook Illinois on the list as the biggest net-loss state.

While migration trends do not correlate directly to population or economic growth, U-Haul growth data is an effective gauge of how well states and cities are attracting and maintaining residents.

Fort Collins, Aurora and Boulder paced Colorado’s net gain of one-way U-Haul trucks. Pueblo, Grand Junction and Delta were among other notable cities to record strong net gains. Find U-Haul stores and neighborhood dealers in Colorado at uhaul.com/locations.

“I’ve been in this area four-plus years and the growth I’ve seen is amazing,” said Mike Blau, U-Haul Company of Northwest Colorado president. “You used to drive down the Interstate 25 corridor and see open spaces everywhere. Now you hardly pass a dirt lot. There are no gaps. Colorado is bursting at the seams. Denver is overflowing so much that folks are moving to the outskirts and into Westminster and Thornton.”

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 more than 21,000 U-Haul locations provides a comprehensive overview of where people are moving like no one else in the industry.

What They’re Saying about Colorado

“The climate and outdoor activities available to our residents are the biggest appeals when it comes to a lifestyle people want. Colorado has the lowest unemployment rate in the nation currently. People are finding it easy to get a decent-paying job. The growth opportunities for U-Haul in the region are tremendous.” — Chris Lambert, U-Haul Company of East Central Colorado president

U-Haul Growth State Rankings for 2017

  1. Texas
  2. Florida
  3. Arkansas
  4. South Carolina
  5. Tennessee
  6. Washington
  7. North Carolina
  8. Connecticut
  9. Colorado
  10. Vermont
  11. Alabama
  12. Iowa
  13. Virginia
  14. Idaho
  15. West Virginia
  16. Nebraska
  17. Indiana
  18. Delaware
  19. New Mexico
  20. Wisconsin
  21. Utah
  22. Wyoming
  23. Mississippi
  24. Oklahoma
  25. Montana
  26. Maine
  27. South Dakota
  28. Washington D.C.
  29. Kentucky
  30. Missouri
  31. New Hampshire
  32. Oregon
  33. Nevada
  34. Ohio
  35. Minnesota
  36. Alaska
  37. North Dakota
  38. Kansas
  39. Rhode Island
  40. Louisiana
  41. Georgia
  42. Maryland
  43. Arizona
  44. New York
  45. New Jersey
  46. Massachusetts
  47. Michigan
  48. Pennsylvania
  49. Illinois
  50. California

* Washington, D.C. is its own U-Haul territory and is listed among states for migration purposes. Hawaii is not included since state-to-state truck rentals are not applicable.

 

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