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U-Haul data ranks S.C. No. 15 in growth

Real Estate - Residential
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South Carolina is the 15th fastest growing state in the country, according to U-haul, trailing Tennessee, Floriday and Texas in the top three spots. (Photo/Provided)South Carolina is the No. 15 growth state in America, according to U-Haul data analyzing migration patterns from 2020.

Tennessee edged Texas, the leading growth state from 2016-18, and Florida, the No. 1 growth state for 2019, to take the top spot on the new U-Haul chart, according to a news release. Ohio and Arizona round out the top five states for growth.

People moving to South Carolina in one-way U-Haul trucks increased more than 9% during the past year, while departures rose more than 10% from 2019. Despite the larger rise in departures, arrivals still accounted for close to 50.4% of all one-way U-Haul traffic in South Carolina during 2020 to make it the No. 15 state. The Palmetto State was ranked No. 4 in 2019.

South Carolina’s leading growth cities are Charleston, Myrtle Beach, Spartanburg and Greenville, the release said. Other net-gain cities include the North Myrtle Beach/Little River corridor, Bluffton, Mount Pleasant, Cayce, Goose Creek, Hilton Head Island, Lexington and North Charleston.

Growth states are calculated by the net gain of one-way U-Haul trucks entering a state versus leaving the state during a calendar year, the release said. Migration trends data are compiled from more than 2 million one-way U-Haul transactions annually.

Colorado, Missouri, Nevada, North Carolina and Georgia complete the top 10 growth states for do-it-yourself movers, while California slides one position to 50th as the state with the steepest out-migration. New York ranks 42nd. Illinois is 49th.

While U-Haul migration trends do not correlate directly to population or economic growth, the Company’s growth data is an effective gauge of how well cities are attracting and maintaining residents, the company said in the release.

U-Haul’s network is in all 50 states and 10 Canadian provinces.

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