U-haul data shows Americans voting with their feet
If you didn't believe the census numbers released just a few weeks ago, the latest U-haul migration data is here to add to the case.
The U-haul data, released once yearly, is perhaps one of the best indicators of how - and where - Americans are relocating. This is because it is non-biased data that simply reports one-way moves of U-haul trucks across the nation.
Anyone who has tried to rent a U-haul truck one way knows it's a heck of a lot cheaper to travel from a place like Texas and Florida, than too Texas or Florida.
In fact, once again, states with low tax and regulatory burdens rank very high, while states with high taxes and high regulation rank very low.
Idaho fell just one spot but remains in the top 10. Montana jumped four spots,
2022 U-Haul Growth States (2021 ranking in parenthesis)
3.SOUTH CAROLINA (4)
4.NORTH CAROLINA (19)
19.NEW MEXICO (10)
25.WEST VIRGINIA (26)
31.SOUTH DAKOTA (11)
36.WASHINGTON D.C.* (35)
37.NORTH DAKOTA (33)
38.NEW HAMPSHIRE (25)
40.RHODE ISLAND (32)
45.NEW JERSEY (36)
46.NEW YORK (45)
(Note from U-haul: * Washington, D.C. is its own U-Haul market and is listed among growth states for migration trends purposes. Hawaii is omitted since state-to-state U-Haul truck moves do not occur.)