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A recent study found that a scenic state in the Southeast became the most popular place to move to in 2024. According to U-Haul.
The shipping and storage company has just released its own U-Haul Growth Index, which measures the number of customers who use one-way U-Haul equipment per year. South Carolina, the 2024 winner, unseated Texas, which has topped the list for the past several years.
“Growth rankings are configured based on each state's net gain (or loss) from customers using U-Haul equipment one-way in a calendar year,” the study explained. “The U-Haul Growth Index is derived from the more than 2.5 million one-way U-Haul truck, trailer and U-Box® moving container transactions that occur annually.”
| ticker | security | the last | change | change % |
|---|---|---|---|---|
| Clause | U HAUL HOLDING | 70.42 | +2.06 |
+3.01% |
Here are the least popular states to move to in 2024, according to U-Haul:
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A popular Southern state topped U-Haul's growth index last year, according to a study. (Getty Images / iStock / Getty Images)
50. California
49. Massachusetts
48. New Jersey
47. New York
46. Pennsylvania
45. Illinois
44. Louisiana
43. Michigan
42. Maryland
41. Connecticut
40. Colorado
39. Mississippi
38. Rhode Island
37. New Mexico
36. Wyoming
35. Nevada
34. Oregon
33. New Hampshire
32. Kansas
31. North Dakota
30. West Virginia
29. Nebraska
28. Missouri
27. Alaska
26. Hawaii
25. Kentucky
24. Montana
23. Iowa
22. Wisconsin
21. Delaware
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20. Vermont
19. South Dakota
18. Minnesota
17. Virginia
16. Alabama
15. Georgia
14. Ohio
13. Maine
12. Arkansas
11. Oklahoma
10. Idaho
9. Utah
8. Indiana
7. Washington
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6. Arizona
5. Tennessee
4. Florida
3. North Carolina
2. Texas
1. South Carolina
Although Texas still ranks high, U-Haul noted that the Palmetto State actually knocked Texas out of the top spot last year.
“Texas has ranked first or second among U-Haul's growth states every year since 2016,” the company noted. Florida has ranked fourth or higher every year since 2015.
A U-Haul moving truck is parked in a neighborhood in suburban San Ramon, California. (Smith Collection/Gado/Getty Images/Getty Images)
“Of all U-Haul moves to and from the Palmetto State in 2024, more than 51.7 percent were inbound,” the company added.
U-Haul International President JT Taylor said in a statement that state-to-state transactions in 2024 “confirm customer sentiment that has been evident for some time.”
“Migration to the Southeast and Southwest continues as families evaluate cost of living, job opportunities, quality of life and other factors that lead to moving to a new state,” Taylor said. Outmigration remains common for a number of markets throughout the Northeast, Midwest, and West Coast—and especially California.
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“U-Haul continues to expand its network, rental fleet and storage space so that wherever people move in 2025, we're there to meet their needs,” he added.
The increase in immigration to southern states is not surprising given other recent studies. Last year, the National Association of Realtors 2024 immigration trend report They also found that the southern states were the most popular areas to move to.
A U-Haul moving truck parked in a residential area in San Jose, California. (Smith Collection/Gado/Getty Images/Getty Images)
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Interestingly, according to the report, only 1 percent of those who migrated south did so because of the climate. Meanwhile, 42 percent of Americans who moved to another state cited housing-related reasons, while 26 percent did so for family reasons and 16 percent moved out of state. Reasons for employment.
Click here To read the full findings of the U-Haul study.
Fox Business' Burke Dumas contributed to this report.