U-Haul Reveals 2020 Migration Trends As Pandemic And Taxes Take Toll

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A new report has found that Tennessee posted the largest net gain of U-Haul trucks than any other state in 2020, making it U-Haul’s top growth state for the first time.

Growth rates are determined by the net gain of one-way U-Haul trucks entering a state versus leaving that state in a given year. U-Haul keeps tabs on more than two million one-way U-Haul truck customer transactions annually, allowing the company to observe migration trends, according to the report published by U-Haul.

“Tennessee’s influx of do-it-yourself movers during a turbulent year marked by the coronavirus pandemic means that a state other than Florida and Texas tops the growth rankings for the first time since 2015 when North Carolina led the way,” the report said.

Texas and Florida were the top two other destinations. For three consecutive years, Texas had the largest net gain of one-way U-Haul trucks before Florida displaced it for the number one spot last year.

Before the pandemic, Americans fled liberal-run states and metro areas because of high taxes to conservative states that were business-friendly, such as Texas and Florida. The pandemic certainly amplified the exodus.- READ MORE

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