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South Carolina Tops U-Haul Growth Index; California Last Again

1/4/2025

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Summary

Story summary

South Carolina led the U-Haul Growth Index in 2024, with Texas, North Carolina, Florida, and Tennessee following.
California ranked last for the fifth year, indicating persistent out-migration.
Oklahoma, Indiana, and Maine reported the highest year-over-year growth, while Colorado and Nevada faced notable declines.
U-Haul's findings are derived from over 2.5 million one-way rental transactions.

History

Historical Context

The U-Haul Growth Index reflects ongoing migration trends reminiscent of the post-World War II suburban boom. Just as Americans flocked to suburbs for opportunity, today's remote work flexibility drives relocations to states like South Carolina, while California's decline mirrors earlier urban flight patterns.

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Story summary

South Carolina led the U-Haul Growth Index in 2024, with Texas, North Carolina, Florida, and Tennessee following.
California ranked last for the fifth year, indicating persistent out-migration.
Oklahoma, Indiana, and Maine reported the highest year-over-year growth, while Colorado and Nevada faced notable declines.
U-Haul's findings are derived from over 2.5 million one-way rental transactions.

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