NORTH CAROLINA: U-Haul No. 7 Growth State for 2017

Jan 8, 2018

North Carolina was the No. 7 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 rose 10 percent while departures increased 9 percent from North Carolina’s 2016 numbers.

Arriving trucks accounted for 50.2 percent of all one-way U-Haul traffic in North Carolina to catapult it back among the leading net-gain states. North Carolina slipped to the No. 44 growth ranking for 2016 after attaining the No. 1 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, 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.

Durham, Chapel Hill, Boone, Wake Forest and Mooresville paced North Carolina’s net gain of one-way U-Haul trucks. Pineville, Clayton, Oak Island, Kernersville, Greenville and Asheville were among other notable cities to record strong net gains. Find U-Haul stores and neighborhood dealers in North Carolina at uhaul.com/locations.

“There is certainly growth in the Raleigh-Durham area,” said Paul Smedberg, U-Haul Company of Raleigh president. “It’s ramped up the last five years. New housing is making the downtown area more residential. We also have a booming job market. The Research Triangle between Raleigh, Durham and Chapel Hill and is one of the most prominent development centers in the U.S.”

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 North Carolina

“North Carolina has businesses coming in, which attracts new residents. There are new Lidl grocery stores popping up everywhere. We are seeing people moving to the inner cities as well as the outskirts. New housing is booming. There are plenty of jobs here. We also have some of the best colleges, and many graduates end up moving here for good. In the last 3 years, my (region) has opened three new full-service stores and added many neighborhood dealers. We have equipment everywhere and you can really feel the growth.” — Jason Grider, U-Haul Company of Central North Carolina 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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