U-Haul Growth Metros and Cities of 2024: Dallas is Top Metro for In-Migration
January 03 2025 - 9:05AM
Business Wire
Charlotte and Phoenix are also leading metros,
while Ocala (Fla.) is the No. 1 growth city for the second time in
three years
The Dallas-Fort Worth-Arlington metropolitan area, better known
as the DFW Metroplex, is the leading U-Haul Growth Metro of
2024.
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U-Haul named its top U.S. growth metros
and cities of 2024 based on one-way customer moves last year.
Dallas ranks first among all metro areas, while Ocala (Fla.) is the
leading city proper. (Photo: Business Wire)
Charlotte, Phoenix, Lakeland and Austin complete the top five
U.S. growth metros, meaning they saw the largest net gains of
U-Haul® customers taking one-way equipment into and out of metro
areas last year.
This marks the first year that metros have been part of the
do-it-yourself moving company’s annual growth reports and rankings.
The U-Haul Growth Index is compiled from well over 2.5
million one-way truck, trailer and U-Box® portable moving container
transactions that occur annually in the U.S. and Canada.
“We are seeing unprecedented growth in the Dallas metro area,
both within the city and also suburbs like McKinney, Plano and
Addison,” said Sean Fullerton, U-Haul Company of South Central
Dallas president. “The cost of living is also extremely reasonable
throughout the whole metro. Job growth has led to wages and
earnings going up, and tax breaks have led to a lot of people
moving to the area.”
Press release: U-Haul Ranks Top 50 Growth States of
2024
Florida boasts seven of the top 25 growth metros, with Lakeland
joined by Palm Bay, Jacksonville, Tampa, Sarasota, Fort Myers and
Daytona Beach.
Texas had five metros make the cut. North Carolina had three,
all in the top 14.
2024 Top 25 U-Haul Growth Metros
1.
Dallas, TX
2.
Charlotte, NC
3.
Phoenix, AZ
4.
Lakeland, FL
5.
Austin, TX
6.
Nashville, TN
7.
Raleigh, NC
8.
Palm Bay, FL
9.
Houston, TX
10.
Greenville, SC
11.
Jacksonville, FL
12.
Tampa, FL
13.
Charleston, SC
14.
Wilmington, NC
15.
Sarasota, FL
16.
Fort Myers, FL
17.
Boise, ID
18.
Richmond, VA
19.
Bend, OR
20.
Indianapolis, IN
21.
Brownsville & McAllen, TX*
22.
Tyler, TX
23.
Daytona Beach, FL
24.
Spokane, WA
25.
Springdale, AR
* The metro areas of McAllen and
Brownsville are combined for U-Haul analytic purposes.
Ocala Tops Growth Cities List
U-Haul also announced its top 25 U.S. growth cities to recognize
city propers (outside the leading growth metros) that are netting
the most one-way U-Haul customers.
Ocala tops that list for the second time after ranking first in
2022 and second in 2023. It is the fifth consecutive year a Florida
destination has headlined the U-Haul growth city rankings.
“There are two main reasons people are moving to Ocala,” said
Brady Rome, U-Haul Company of Gainesville president. “The primary
reason is cost of living, simply being that it’s lower than almost
anywhere in the state. It allows housing to be a more affordable
option for families packing up their U-Haul and moving to central
Florida. The second reason is the job market, which remains strong
with the addition of so many manufacturing jobs. The healthcare
industry has also seen massive growth in the past year and is a
driving force of employment. And you can’t go without mentioning
Ocala is the ‘Horse Capital of the World.’ The equestrian center is
huge and continues to bring people here.”
The Sunshine State has five of the top 25 growth cities.
Tennessee, Washington and Alabama each have three. Virginia boasts
two of the top four cities, Fredericksburg and Lorton, both located
within 50 miles of Washington, D.C.
2024 Top 25 U-Haul Growth Cities (city propers outside the
top metros)
1.
Ocala, FL
2.
Fredericksburg, VA
3.
Kissimmee, FL
4.
Lorton, VA
5.
Myrtle Beach, SC
6.
College Station, TX
7.
Knoxville, TN
8.
Tukwila, WA
9.
Johnson City, TN
10.
Foley, AL
11.
Spartanburg, SC
12.
Auburn, AL
13.
Cookeville, TN
14.
Huntsville, AL
15.
Clermont, FL
16.
Iowa City, IA
17.
Tacoma, WA
18.
Port St. Lucie, FL
19.
Vancouver, WA
20.
Missoula, MT
21.
Panama City, FL
22.
Madison, WI
23.
Corvallis, OR
24.
Concord, NH
25.
Kingman, AZ
While U-Haul rankings may not correlate directly to population
or economic growth, the U-Haul Growth Index is an effective gauge
of how well states, metros and cities are attracting and
maintaining residents.
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 23,000-plus U-Haul rental
locations provides a broad overview of where people are moving like
no one else in the industry.
U-Haul continues to benefit the environment through its
shared-use business model. Truck and trailer sharing empowers
communities to share moving equipment so that families and
individuals don’t need to own large-capacity vehicles to transfer
belongings. Sustainability initiatives like U-Haul Adaptive
Reuse (the preserving and repurposing of existing buildings for new
stores), truck modifications to improve fuel economy, and plastic
Ready-To-Go Boxes® that are shared hundreds of times before being
recycled are among the ways U-Haul promotes green business. U-Box
Load Share, the Company’s latest sustainability program, continues
to earn awards for providing ecofriendly solutions to today’s gig
economy.
About U-HAUL
Founded in 1945, U-Haul is the No. 1 choice of do-it-yourself
movers with more than 23,000 rental locations across all 50 states
and 10 Canadian provinces. The U-Haul app makes it easy for
customers to use U-Haul Truck Share 24/7 to access trucks anytime
through the self-dispatch and -return options on their smartphones
with our patented Live Verify technology. Our customers' patronage
has enabled the U-Haul fleet to grow to 192,000 trucks, 138,700
trailers and 39,500 towing devices. U-Haul is the third largest
self-storage operator in North America with 1,024,000 rentable
units and 88.5 million square feet of self-storage space at
Company-owned and -managed facilities. U-Haul is the top retailer
of propane in the U.S. and the largest installer of permanent
trailer hitches in the automotive aftermarket industry. Get the
U-Haul app from the App Store or Google Play.
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version on businesswire.com: https://www.businesswire.com/news/home/20250103488166/en/
Jeff Lockridge Sebastien Reyes E-mail: publicrelations@uhaul.com
Phone: 602-760-4941 Website: uhaul.com
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