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Monday, 10 January 2022 15:02

U-Haul Study: More People Moved to Texas in 2021 Than Any Other State

Written by Bethany Blankley, The Center Square
U-Haul Study: More People Moved to Texas in 2021 Than Any Other State Shutterstock

Index

...Florida in 2019 and second to Tennessee in 2020.

 

Many people are moving to Texas because its “economy is growing fast,” said Kristina Ramos, U-Haul Company of South Austin president. “With a strong job market and low cost of living, it’s a no brainer. Texas doesn’t have an income tax, so families get more for their money.”

 

Texas Gov. Greg Abbott, who has boasted of Texas leading the U.S. in population growth, also noted Texas is leading the U.S. in business growth.

 

Highlighting 2020 Census data, he said, “Texas leads America in population growth. We are also No. 1 in business relocations. It’s simple---people are choosing the Lone Star State because we believe in less government and more freedom.”

 

California company headquarter exits more than doubled in 2021, and more businesses relocated from California to Texas than any other state by a ratio of 4 to 1, a Stanford University study found last year. In the timeframe analyzed, researchers found 265 California companies left, of which Texas received 114, followed by Tennessee receiving the second-most of 89.

 

California remained the top state for out-migration in 2021 although its net loss of U-Haul trucks wasn’t as severe as it was in 2020, when California recorded its first population loss in recorded history.

 

But out-migration appearing to be less severe than it was in 2020, U-Haul notes, “can be partially attributed to the fact that U-Haul simply ran out of inventory to meet customer demand for outbound equipment,” meaning customers rented trucks from other companies because there weren’t enough U-Haul trucks to meet the demand for one-way self-movers out of California.

 

While Texas’ population grew statewide last year, it grew the most in the suburbs around the Dallas Fort Worth Metroplex region, following a trend over the past decade. The region’s population grew so much since the last census count that it gained two congressional seats in 2020.

 

As of the 2020 Census, Texas had a population of 29,145,505, with an apportioned population of 29,183,290.

 

Texas is the second-largest state by population behind California, and the second-largest state by land area behind Alaska.

 

 We thank The Center Square for reprint permission.

 

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