According to the latest U-Haul annual Growth Index, Florida dominated their 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 – marking the 7th year in a row Florida has had the most cities represented.
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.
“The 2022 trends in migration followed very similar patterns to 2021 with Texas, Florida, the Carolinas and the Southwest continuing to see solid growth…We still have areas with strong demand for one-way rentals. While overall migration in 2021 was record-breaking, we continue to experience significant customer demand to move out of some geographic areas to destinations at the top of our growth list.” Said John “J.T.” Taylor, U-Haul International president.