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A recent study found that the picturesque state in the Southeast has become the most popular place to move to in 2024. according to U-Haul.
The moving and storage company recently announced its U-Haul Growth Index, which measures how many customers use one-way U-Haul equipment each year. South Carolina, the winner in 2024, knocked Texas, which has topped the list in recent years, from the top spot.
“The growth ranking is configured by each state’s net gain (or loss) from customers using one-way U-Haul equipment in a calendar year,” the study explained. “The U-Haul Growth Index is compiled from the more than 2.5 million one-way U-Haul truck, trailer and U-Box® moving container transactions that occur annually.”
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| EARRING | IN HAUL HOLDING | 70.42 | +2.06 |
+3.01% |
These are the least to most popular states to move to in 2024, according to U-Haul:
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The popular southern state topped the U-Haul Growth Index last year, a survey found. (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 off the top spot last year.
“Texas has ranked first or second among U-Haul growth states every year since 2016,” the company noted. “Florida has been fourth or higher every year since 2015.”
A U-Haul moving truck parked in a suburb in San Ramon, California. (Smith Collection/Gado/Getty Images/Getty Images)
“Of all U-Haul movers arriving and departing the Palmetto State in 2024, more than 51.7% were arrivals,” the company added.
In a statement, U-Haul International President JT Taylor said the 2024 interstate transactions “reaffirm customer trends that have been evident for some time.”
“Migration to the Southeast and Southwest continues as families evaluate their cost of living, job opportunities, quality of life and other factors that go into moving to a new state,” Taylor said. “Outmigration remains prevalent in a number of markets throughout the Northeast, Midwest and West Coast – and especially in California.”
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“U-Haul continues to expand its network, rental fleet and self-storage so that wherever people move in 2025, we’ll be there to meet their needs,” he added.
The increase in migration to southern states is not surprising given other recent studies. Last year, the National Association of Realtors Report on migration trends for 2024 also found that the southern states were the most popular areas for relocation.
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, only 1% of those who migrated south did so because of the weather, according to the report. Meanwhile, 42% of Americans who moved to another state cited reasons related to housing, while 26% did so for family reasons and 16% jumped borders for reasons for employment.
Click here to read the full findings of the U-Haul study.
Fox Business’ Breck Dumas contributed to this report.
