How Arizona Ranks on U-Haul’s List of Growth States in 2018

Article originally posted on Phoenix Business Journal on January 8, 2019
 

Arizona ranked No. 23 among U-Haul’s annual list of growth states, according to the Phoenix-based moving company.

That marks a 20-spot jump from 2017, when the Grand Canyon State landed at No. 43 on U-Haul’s list.

U-Haul, which is a subsidiary of Las Vegas-based Amerco (Nasdaq: UHAL), released its annual look at U.S. migration trends this month. It calculates its rankings by examining the number of one-way U-Haul trucks entering a state vs. leaving a state during a calendar year.

In 2018, Arizona saw one-way U-Haul truck arrivals rise 11 percent, which was one of the largest year-over-year spikes, according to U-Haul.

Goodyear, Kingman, Surprise and Glendale are among those Arizona cities drawing new residents, according to U-Haul, also noting Sun Lakes, Bullhead City, Prescott, Gilbert and Peoria as other cities with net gains for the year.

Texas again topped the list, followed by Florida. Both states have been Nos. 1 and 2 for three years running, according to U-Haul. South Carolina, Utah and Idaho round out the top five growth states.

U-Haul notes that its migration trends data does not directly correlate to population or economic growth, but shows which states people are moving to and from.

Last year, Arizona continued to see strong population growth. The state saw a 1.7 percent increase in population, which was the fourth-highest percentage growth, from July 2017 to July 2018, according to the Bureau of Labor Statistics. That translated into more than 122,000 individuals who made Arizona home, pushing the state’s population over 7.1 million.

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