Texas and Florida Top U-Haul’s 2025 In-Migration Growth Index
American Real Estate Association co-founder Jason Haber unpacks the state of the housing market and assesses Redfin’s announcement of a ‘great housing reset’ coming in 2026 on ‘The Claman Countdown.’
Texas and Florida once again lead the list of U.S. states that the most people are moving to, according to an analysis by U-Haul.
The moving company reviewed over 2.5 million one-way transactions across the U.S. and Canada for its 2025 “Growth Index.” It reported that Texas tops the ranks of in-migration states, followed closely by Florida, North Carolina, Tennessee, and South Carolina. In contrast, the states experiencing the most out-migration include California, Illinois, New Jersey, New York, and Massachusetts.
“Blue-to-red state migration, a hotly debated political topic that became more pronounced after the pandemic of 2020, continues to be a discernible trend,” U-Haul noted. “Seven of the top 10 growth states currently feature Republican governors, and nine of those states went red in the last presidential election.”
Conversely, nine of the bottom 10 growth states have Democrat governors, with seven of those states voting blue in the last presidential election.
HOUSING MARKET EXPECTED TO OFFER LITTLE RELIEF FOR BUYERS IN 2026 DESPITE MODEST IMPROVEMENTS AHEAD
A row of U-Haul moving trucks parked in a rental lot in Concord, Calif., on Dec. 11, 2025. (Smith Collection/Gado/Getty Images / Getty Images)
U-Haul also indicated that sunshine and warm weather are significant motivators for movers, as eight of the top 10 in-migration states are located in the southern region.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| UHAL | U-HAUL HOLDING | 53.02 | +2.47 | +4.89% |
“Texas reclaims the title of No. 1 U-Haul growth state for the seventh time in 10 years, climbing one spot from its previous ranking behind South Carolina, which slid four spots after being the leading growth state for 2024,” according to U-Haul. The top 10 also includes Washington, Arizona, Idaho, Alabama, and Georgia.
THESE 10 MARKETS MAY SEE THE BIGGEST HOMEBUYING SURGE AS MORTGAGE RATES FALL
Customers load boxes in a U-Haul van in New York City on Oct. 21, 2024. (Angus Mordant/Bloomberg via Getty Images / Getty Images)
U-Haul explained that it ranks states based on their net gain or loss of customers who rented a one-way truck, trailer, or U-Box moving containers in one state and dropped off their equipment in another. While these rankings may not directly correlate to population or economic growth, the U-Haul Growth Index serves as an effective gauge of how well states, metros, and cities are attracting and retaining residents.
Interestingly, Oregon, which ranked 11th in 2025 among net-gain states, saw the largest increase in its position, improving 23 spots compared to 2024. Meanwhile, Ohio experienced the most significant drop, falling from 14th last year to 43rd this year.
A U-Haul truck seen in New York City. (Erik McGregor/LightRocket via Getty Images / Getty Images)
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Interestingly, while California’s exodus of do-it-yourself movers was greater than any other state, it experienced a smaller net loss in 2025 compared to 2024, according to U-Haul.
American Real Estate Association co-founder Jason Haber unpacks the state of the housing market and assesses Redfin’s announcement of a ‘great housing reset’ coming in 2026 on ‘The Claman Countdown.’
Texas and Florida once again lead the list of U.S. states that the most people are moving to, according to an analysis by U-Haul.
The moving company reviewed over 2.5 million one-way transactions across the U.S. and Canada for its 2025 “Growth Index.” It reported that Texas tops the ranks of in-migration states, followed closely by Florida, North Carolina, Tennessee, and South Carolina. In contrast, the states experiencing the most out-migration include California, Illinois, New Jersey, New York, and Massachusetts.
“Blue-to-red state migration, a hotly debated political topic that became more pronounced after the pandemic of 2020, continues to be a discernible trend,” U-Haul noted. “Seven of the top 10 growth states currently feature Republican governors, and nine of those states went red in the last presidential election.”
Conversely, nine of the bottom 10 growth states have Democrat governors, with seven of those states voting blue in the last presidential election.
HOUSING MARKET EXPECTED TO OFFER LITTLE RELIEF FOR BUYERS IN 2026 DESPITE MODEST IMPROVEMENTS AHEAD
A row of U-Haul moving trucks parked in a rental lot in Concord, Calif., on Dec. 11, 2025. (Smith Collection/Gado/Getty Images / Getty Images)
U-Haul also indicated that sunshine and warm weather are significant motivators for movers, as eight of the top 10 in-migration states are located in the southern region.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| UHAL | U-HAUL HOLDING | 53.02 | +2.47 | +4.89% |
“Texas reclaims the title of No. 1 U-Haul growth state for the seventh time in 10 years, climbing one spot from its previous ranking behind South Carolina, which slid four spots after being the leading growth state for 2024,” according to U-Haul. The top 10 also includes Washington, Arizona, Idaho, Alabama, and Georgia.
THESE 10 MARKETS MAY SEE THE BIGGEST HOMEBUYING SURGE AS MORTGAGE RATES FALL
Customers load boxes in a U-Haul van in New York City on Oct. 21, 2024. (Angus Mordant/Bloomberg via Getty Images / Getty Images)
U-Haul explained that it ranks states based on their net gain or loss of customers who rented a one-way truck, trailer, or U-Box moving containers in one state and dropped off their equipment in another. While these rankings may not directly correlate to population or economic growth, the U-Haul Growth Index serves as an effective gauge of how well states, metros, and cities are attracting and retaining residents.
Interestingly, Oregon, which ranked 11th in 2025 among net-gain states, saw the largest increase in its position, improving 23 spots compared to 2024. Meanwhile, Ohio experienced the most significant drop, falling from 14th last year to 43rd this year.
A U-Haul truck seen in New York City. (Erik McGregor/LightRocket via Getty Images / Getty Images)
CLICK HERE TO READ MORE ON FOX BUSINESS
Interestingly, while California’s exodus of do-it-yourself movers was greater than any other state, it experienced a smaller net loss in 2025 compared to 2024, according to U-Haul.
