Indiana Climbs Among Growth States
U-Haul says Indiana is a growth state
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Hoosier state appears to be bucking the trend of people fleeing the Midwest, according to the do-it-yourself mover U-Haul.
The trailer and truck rental company says Indiana is a growth state for the third consecutive year, climbing to the No. 9 spot in the U.S.
U-Haul bases its conclusion on one-way rentals leaving the state, compared to those entering the state, by analyzing 2 million one-way U-Haul truck transactions.
The company says Indiana climbed 17 spots from its 2018 ranking. It says there was a larger portion of arrivals in Indiana than departures.
“The low cost of doing business here is a major draw,” said Patrick Cheek, president of U-Haul Company of Central Indiana. “People are moving to Indiana to create jobs. The opportunities for growth and innovation are never-ending.
Cheek says the Indianapolis metro area is a population magnet, claiming “people of all walks of life can see themselves living in Indiana.”
U-Haul’s data shows Greenwood and Noblesville lead Indiana’s gains.
Neighboring Illinois leads the nation in out-migration with the largest net losses of moving trucks crossing state borders. It’s followed by California and Michigan.
The Southeast accounts for four of the top six growth locations. Florida bypassed Texas as the top growth state in 2019. North Carolina is No. 3.
Click here to view the U-Haul list.