New Jersey no. 48 in U-Haul Growth Index

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New Jersey is the No. 48 growth state of 2024, according to U-Haul Growth Index data analyzing one-way customer transactions during the past year.

New Jersey inches back one spot from 2023 ranking. South Carolina climbs three spots to dethrone Texas as the No. 1 growth state.

U-Haul customers coming to New Jersey accounted for 48.1% of all one-way traffic in and out of the state (51.9% departures) last year. Looking at year-over-year changes, U-Haul arrivals into New Jersey fell 1% while departures remained the same in 2024.

U-Haul ranks growth states according to each state’s net gain (or loss) of one-way equipment from customer transactions in a calendar year. The U-Haul Growth Index is compiled from more than 2.5 million one-way U-Haul truck, trailer and U-Box portable moving container transactions that occur annually across the U.S. and Canada.

While U-Haul rankings may not correlate directly to population or economic growth, the U-Haul Growth Index is an effective gauge of how well states and cities are attracting and maintaining residents.

New Jersey’s notable leading growth markets include (in alphabetical order): Bridgeton, Bridgewater Township, Cherry Hill Township, Franklin Township, Glassboro, Jackson Township, Jersey City, Lakewood Township, Mount Laurel, Ocean Grove, Vineland, Wildwood and Williamstown. Bayonne, Bloomfield and Hamilton Township are break-even markets.

North Carolina, Florida and Tennessee round out the top five growth states for 2024. It’s the same top five from 2023, but in a slightly different order.

California ranks 50th for the fifth year in a row with the largest net loss of one-way U-Haul customers. Oklahoma (+30), Indiana (+19) and Maine (+18) are the biggest risers YOY, while Colorado (-31), Nevada (-24), Wyoming (-22) and New Mexico (-21) saw the biggest slides.

2024 U-Haul Growth States

1. SOUTH CAROLINA (4)

2. TEXAS (1)

3. NORTH CAROLINA (3)

4. FLORIDA (2)

5. TENNESSEE (5)

6. ARIZONA (8)

7. WASHINGTON (7)

8. INDIANA (27)

9. UTAH (13)

10. IDAHO (6)

11. OKLAHOMA (41)

12. ARKANSAS (17)

13. MAINE (31)

14. OHIO (23)

15. GEORGIA (18)

16. ALABAMA (22)

17. VIRGINIA (10)

18. MINNESOTA (20)

19. SOUTH DAKOTA (19)

20. VERMONT (12)

21. DELAWARE (15)

22. WISCONSIN (26)

23. IOWA (24)

24. MONTANA (21)

25. KENTUCKY (29)

26. HAWAII (25)

27. ALASKA (34)

28. MISSOURI (28)

29. NEBRASKA (35)

30. WEST VIRGINIA (30)

31. NORTH DAKOTA (32)

32. KANSAS (33)

33. NEW HAMPSHIRE (40)

34. OREGON (37)

35. NEVADA (11)

36. WYOMING (14)

37. NEW MEXICO (16)

38. RHODE ISLAND (36)

39. MISSISSIPPI (39)

40. COLORADO (9)

41. CONNECTICUT (42)

42. MARYLAND (44)

43. MICHIGAN (46)

44. LOUISIANA (45)

45. ILLINOIS (48)

46. PENNSYLVANIA (38)

47. NEW YORK (43)

48. NEW JERSEY (47)

49. MASSACHUSETTS (49)

50. CALIFORNIA (50)

2023 growth rankings in parentheses

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