Virginia ranked the nation’s No. 13 growth state in 2017, according to new figures from U-Haul International.
The moving company looked at the net gain of one-way U-Haul rentals entering vs. leaving a state. Migration-trends data are compiled from more than 1.7 million one-way U-Haul rentals that occur annually.
The company has more than 21,000 locations in all 50 states and 10 Canadian provinces to pull data from.
“While migrations 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, the Phoenix-based moving company.
Virginia has been on a yo-yo ride in recent years – in 2016, the state ranked No. 30 for growth, but in 2015, it was No. 2.
Last year, areas of the commonwealth that saw significant inbound moves included Richmond, Kilmarnock and Chantilly.
In 2017, Texas was the No. 1 growth state for the second year in a row, according to data, followed by Florida, Arkansas, South Carolina and Tennessee. North Carolina was seventh.
Some of Texas’s increase in overall U-Haul transactions can be attributed to the impact of the 2017 hurricane season. While the number of departures from Texas rose 3 percent and the number of arrivals was up only one percent, arriving trucks still accounted for 50.3 percent of all one-way U-Haul traffic in the Lone Star State, giving it the national crown for the second year in a row. (Texas was No. 39 in 2015.)
“Why not move to Texas?” asked Debbie Morales, president of U-Haul Company of East Dallas. “Everywhere you look, new businesses, homes and apartment/condo buildings are going up. The economy is up – Dallas employment is at an all-time high.”
“There are plenty of things to do in Texas: the largest urban arts district in the nation, rodeos, the state fair, Cotton Bowl and major professional sports teams,” Morales said. “Also, the climate in Dallas is great if you like four distinct seasons.”
For full details on the report and other demographic trends, see the Web site at www.myuhaulstory.com.