Tennessee Third State to Move in According to U-Haul Growth Index | Business

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Tennessee is America’s No.3 growth state, according to 2021 transactional data compiled for the U-Haul Annual Growth Index.

People coming to Tennessee in one-way U-Haul trucks increased 17% year over year, while departures increased 18% from 2020 as overall move traffic increased .

Despite a more substantial increase in year-over-year departures, inbound customers still accounted for about 50.4% of all one-way U-Haul traffic in Tennessee in 2021, making it one of the top three country for independent movers. After Tennessee was the country’s leading growth state in 2020, it loses two spots behind Texas and Florida while remaining a top destination.

Growth states are calculated as the net gain of one-way U-Haul trucks entering a state versus leaving that state in a calendar year. Migration trend data is compiled from the more than 2 million one-way U-Haul truck customer transactions that occur each year.

“Tennessee is a very friendly state with a welcoming atmosphere,” said Jeff Porter, president of U-Haul Company of North Nashville. “We’re business-friendly and attract tons of new employers every year. I have noticed that many people in California and other major states set their sights on Tennessee. Nashville is constantly gaining new residents and the COVID era hasn’t slowed that down. “

South Carolina and Arizona round out the top five growth states. This is the second year in a row that Texas, Florida and Tennessee have been among the top three growth states. California ranks 50th and Illinois 49th for the second year in a row, indicating that these states had the largest net losses of one-way U-Haul trucks.

The fastest growing cities in Tennessee are Nashville, Johnson City, Murfreesboro, and Maryville.

Other cities with notable net gains are Bristol, Mt. Juliet, Old Hickory, Brentwood, Knoxville, Columbia, Hermitage, Hendersonville, Ooltewah and La Vergne.

While U-Haul migration trends do not directly correlate with population or economic growth, the U-Haul Growth Index is an effective indicator of states’ ability to attract and retain residents.

Visit myuhaulstory.com to see more reports from individual states, the top 25 growth cities in the United States and the top 25 growth cities in Canada.

U-Haul is the authority on migration trends with its extensive network spanning all 50 states and 10 provinces. Geographic coverage of over 23,000 U-Haul truck and trailer sharing locations provides a comprehensive overview of where people travel like no one else in the industry.

Independent small business owners interested in joining the U-Haul toll-free dealer network and earning commissions on rental transactions at their locations can visit uhaul.com/dealer to learn more and submit an information form.

U-HAUL GROWTH STATEMENTS 2021

(2020 growth ranking in brackets)

  • 35. WASHINGTON, DC (38)


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