The Palm
Bay-Melbourne market
registered the largest net gain of one-way U-Haul movers
PHOENIX, Jan. 3, 2024
/PRNewswire/ -- Florida
destinations dominated the U.S. growth cities list again in 2023,
with the Palm Bay-Melbourne market netting the largest number of
movers in one-way U-Haul® equipment last year.
The U-Haul Growth Index found seven Florida markets among the top 25 growth cities
last year. It marks the seventh year in a row the Sunshine State
has had the most cities represented. Florida had four markets among the top 25 in
2022, and a whopping 10 in 2021.
Ocala, the No. 1 growth city in
2022, backslides one spot in the latest rankings. The Sarasota-Bradenton market ranks fourth just behind
Charleston-North Charleston (S.C.).
Austin is the fifth-ranked growth
city – the first of three top-10 Texas destinations along with the College Station-Bryan market and Dallas.
U-Haul calculates growth cities by each city's net gain (or
loss) of one-way equipment from customer transactions in a calendar
year. The U-Haul Growth Index is compiled from more than 2.5
million one-way U-Haul truck, trailer and U-Box® moving
container transactions that occur annually across the U.S. and
Canada. Neighboring cities in
U-Haul markets are often packaged together for migration trends
purposes.
In the Palm Bay-Melbourne market, 54.7% of all one-way U-Haul
traffic was arriving compared to just 45.3% departing in 2023.
"Growth in the Palm
Bay-Melbourne area has been
increasing at an explosive rate," stated Cal Conner, U-Haul Company of Eastern Florida president. "The Space Coast
has many companies investing in this region and creating jobs such
as Embraer®, SpaceX®, Northrop
Grumman®, Lockheed Martin® and L3Harris
Technologies®. We have a low cost of living compared to
many of the northern cities people have left. Add to that our
fantastic year-round climate, and you can see why Palm Bay-Melbourne is such a desirable area to
live."
Other notable markets to make the top 25 include Kissimmee-St. Cloud (Fla.), Charlotte (N.C.), Boise (Idaho), Knoxville (Tenn.) and Henderson (Nev.).
2023 U-Haul U.S. Growth Cities
1.
|
PALM BAY-MELBOURNE, FL
(4)
|
2.
|
OCALA, FL
(1)
|
3.
|
CHARLESTON-NORTH
CHARLESTON, SC (10)
|
4.
|
SARASOTA-BRADENTON,
FL
|
5.
|
AUSTIN, TX
|
6.
|
COLLEGE STATION-BRYAN,
TX
|
7.
|
CHARLOTTE,
NC
|
8.
|
HUNTSVILLE, AL
(9)
|
9.
|
DALLAS, TX
|
10.
|
MYRTLE BEACH-NORTH
MYRTLE BEACH, SC (17)
|
11.
|
KISSIMMEE-ST. CLOUD,
FL
|
12.
|
PANAMA CITY-PANAMA CITY
BEACH, FL
|
13.
|
NORTH PORT, FL
(6)
|
14.
|
BOISE, ID
|
15.
|
WAKE FOREST,
NC
|
16.
|
CONROE, TX
(19)
|
17.
|
KNOXVILLE,
TN
|
18.
|
SURPRISE, AZ
(8)
|
19.
|
AUBURN-OPELIKA, AL
(5)
|
20.
|
LAKELAND, FL
(21)
|
21.
|
MURFREESBORO,
TN
|
22.
|
WILMINGTON,
NC
|
23.
|
QUEEN CREEK,
AZ
|
24.
|
HENDERSON, NV
(17)
|
25.
|
NAMPA, ID
|
2022 growth rankings in parentheses
FIVE MORE notable cities that just missed the
cut but posted strong net-gain numbers in 2023:
•
Clarksville, TN
|
•
Asheville, NC
|
• Madison,
WI
|
•
Chattanooga, TN
|
• Tucson,
AZ
|
While U-Haul migration trends do not correlate directly to
population or economic growth, the U-Haul Growth Index is an
effective gauge of how well states and cities are attracting and
maintaining residents. Find the 2023 U-Haul growth states release
here: Texas and Florida Top Growth
States in 2023.
U-Haul is the authority on migration trends thanks to its
expansive network that blankets all 50 states and 10 Canadian
provinces. The geographical coverage from 23,000 U-Haul truck- and
trailer-sharing locations provides a broad overview of where people
are moving like no one else in the industry.
U-Haul continues to benefit the environment through its
shared-use business model. Truck and trailer sharing enables
communities to share moving equipment so that families and
individuals don't need to own large-capacity vehicles to transfer
belongings. Sustainability initiatives like U-Haul Adaptive
Reuse (the preserving and repurposing of existing buildings
for new stores), truck modifications to improve fuel economy, and
plastic Ready-To-Go Boxes® that are shared hundreds
of times before being recycled are among the many ways U-Haul
promotes green business. U-Box Load Share, the Company's latest
sustainability program, was just named the 2023 Best in Biz gold
winner for the Most Environmentally Friendly Service of the
Year.
About U-HAUL
Founded in 1945, U-Haul is the No. 1 choice of
do-it-yourself movers with more than 23,000 rental locations across
all 50 states and 10 Canadian provinces. The enhanced U-Haul app
makes it easier for customers to use U-Haul Truck Share 24/7 to
access trucks anytime through the self-dispatch and self-return
options on their smartphones through our patented Live Verify
technology. Our customers' patronage has enabled the U-Haul fleet
to grow to 192,200 trucks, 138,500 trailers and 44,500 towing
devices. U-Haul is the third largest self-storage operator in
North America with 967,000
rentable units and 83.3 million square feet of self-storage space
at owned and managed facilities. U-Haul is the top retailer of
propane in the U.S. and the largest installer of permanent trailer
hitches in the automotive aftermarket industry. We were recently
named one of America's Best Large Employers (Forbes, 2023); a Best
for Vets Employer (Military Times, 2022); and one of the Healthiest
Workplaces in America (Healthiest Employers, 2022). Find careers
at uhauljobs.com. Get the U-Haul app from
the App
Store or Google Play.
Contact:
Jeff Lockridge
Sebastien Reyes
E-mail: publicrelations@uhaul.com
Phone: 602-760-4941
Website: uhaul.com
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SOURCE U-Haul International