PHOENIX and LITTLE ROCK, Ark., Jan. 8, 2018 /PRNewswire/ — Arkansas was the No. 3 Growth State for 2017, according to U-Haul data analyzing the past year’s U.S. migration trends.

U-Haul Migration Trends: Arkansas Named No. 3 Growth State of 2017

Year-over-year arrivals of one-way U-Haul truck rentals held steady while departures dropped by 1 percent from Arkansas’s 2016 numbers.

Arriving trucks accounted for 50.9 percent of all one-way U-Haul traffic in Arkansas to maintain its status a top-10 growth state. Arkansas secured the No. 10 growth ranking for 2016 and the No. 8 ranking for 2015.

Growth States are calculated by the net gain of one-way U-Haul truck rentals entering a state versus leaving a state during a calendar year. Migration trends data is compiled from more than 1.7 million one-way U-Haul truck rental transactions that occur annually.

Texas was the No. 1 Growth State for the second year in a row. Florida ranked second, South Carolina fourth, Tennessee fifth and North Carolina seventh, continuing a strong growth movement in the Southeast. California overtook Illinois on the list as the biggest net-loss state.

View the complete top 50 rankings along with more migration trends reports, including U.S. Growth Cities, at myuhaulstory.com.

While migration trends do not correlate directly to population or economic growth, U-Haul growth data is an effective gauge of how well states and cities are attracting and maintaining residents.

Benton and Conway paced Arkansas’s net gain of one-way U-Haul trucks. Bentonville, Centerton, Fayetteville and Hot Springs Village were among other notable cities to record strong net gains. Find U-Haul stores and neighborhood dealers in Arkansas at uhaul.com/locations.

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 more than 21,000 U-Haul locations provides a comprehensive overview of where people are moving like no one else in the industry.

The arrival of U-Haul Truck Share 24/7 is revolutionizing the moving industry through its more convenient, more secure way to pick up and return a truck. U-Haul live verification technology allows rental transactions to be carried out entirely on a smartphone at any hour – day or night. There are no membership fees. Simply visit uhaul.com to create an online account.

What They’re Saying about Arkansas

Arkansas has been steadily growing for the last five years. Little Rock and North Little Rock are battling for residents. The Arkansas River splits the two cities and there is a movement to revamp neighborhoods in order to get people to move to either side. There are a lot of high-rises being converted into living spaces, and the River Market District is booming.” Andrew Hicks, U-Haul Company of Arkansas president

“I’ve seen growth across the state, but specifically in the FayettevilleSpringdaleRogers area. Between 2013 and 2017, there were reports that 25 people a day were moving into this market. The Walmart home office is in Bentonville and there are reports that they are building a new, modern home here. …I’m not surprised by the ranking. I’ve watched the growth firsthand over my 36-year career with U-Haul. Arkansas has so much to offer and we have people coming from all over the world to live here. It’s a diverse place to call home.” Jim Smith, U-Haul Company of Tulsa president (serving NW Arkansas)

About U-Haul

Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 21,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 now offers customers access to U-Haul trucks every hour of every day through the self-service options on their internet-connected mobile devices. U-Haul customers’ patronage has enabled the U-Haul fleet to grow to more than 150,000 trucks, 112,000 trailers and 40,000 towing devices. U-Haul offers more than 581,000 rooms and more than 51 million square feet of self-storage space at owned and managed facilities throughout North America. U-Haul is the largest installer of permanent trailer hitches in the automotive aftermarket industry and is the largest retailer of propane in the U.S.

Contact:

Jeff Lockridge
Sebastien Reyes
E-mail: publicrelations@uhaul.com
Phone: 602-760-4941
Website: uhaul.com

 

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SOURCE U-Haul