U-Haul Ranks RENO the No. 18 U.S. Growth City of 2022

Where People are Moving in the U.S.

U-Haul Ranks RENO the No. 18 U.S. Growth City of 2022

PHOENIX (Jan. 4, 2023) — Reno, Nev., is the No. 18 growth city in America, according to the U-Haul® Growth Index analyzing customer moves during 2022. People arriving in Reno in one-way U-Haul trucks rose almost 1% over 2021 while departures fell 2%. Do-it-yourself movers arriving in Reno accounted for 50.8% of all one-way U-Haul truck traffic in and out of the market (49.2% departures).

Reno is one of two Nevada markets to make the top 25 list (Henderson).

“There’s no income tax and the tax structure is lenient in Nevada,” explained Christopher Piedra, U-Haul Company of Northern Nevada president. “People from California and the Bay Area are coming here because they can sell their 1,200-square-foot home and buy a huge place in Reno for cash. Ever since the pandemic, when people began moving away from big cities and working from home, we’ve seen lots of U-Haul trucks coming into Reno. The cost of housing is going down from where it was. With higher interest rates, the home inventory is up again. Reno is still an attractive area for Californians.

“Reno has a nice job market, too. Tesla® and Panasonic® have campuses in Reno. Chewy® and a lot of the other dot-com companies have built a bunch of industrial complexes in an area just 10 minutes outside Reno. Apple® has a data center here. Technology jobs are coming to Reno.”

The U-Haul Growth Index is compiled according to the net gain of one-way U-Haul trucks arriving in a city or state, versus departing from that city or state, in a calendar year. Migration trends data is compiled from more than 2 million one-way U-Haul truck transactions that occur annually across the U.S. and Canada.

Neighboring cities in U-Haul markets are often packaged together for migration trends purposes.

While U-Haul migration trends do not correlate directly to population or economic growth, the U-Haul Growth Index is an effective gauge of how well cities and states are attracting and maintaining residents. Visit myuhaulstory.com to view the U-Haul top 50 growth state rankings of 2022 and find individual press releases for the top 10 growth states.

2022 U-Haul Growth Cities

1. OCALA, FL (24)

2. SACRAMENTO-ROSEVILLE, CA (8)

3. MADISON, WI (5)

4. PALM BAY-MELBOURNE, FL (3)

5. AUBURN-OPELIKA, AL (23)

6. NORTH PORT, FL (4)

7. MYRTLE BEACH-NORTH MYRTLE BEACH, SC (17)

8. SURPRISE, AZ (18)

9. HUNTSVILLE, AL

10. CHARLESTON-NORTH CHARLESTON, SC

11. ST. LOUIS, MO

12. ATHENS, GA

13. MISSOURI CITY, TX

14. RALEIGH-DURHAM, NC (2)

15. RICHARDSON, TX (22)

16. FORT COLLINS, CO

17. HENDERSON, NV

18. RENO, NV

19. CONROE, TX

20. WEST CHESTER, OH

21. LAKELAND, FL

22. NASHVILLE, TN

23. NOBLESVILLE, IN

24. HENRICO, VA

25. SANDY SPRINGS, GA

2021 growth rankings in parentheses, if ranked

PLUS FIVE more notable cities that just missed the cut, but posted big growth numbers in 2022:

· Atlanta, GA

· Minneapolis, MN

· Miami, FL

· Milwaukee, WI

· San Diego, CA

“U-Haul is expanding in Reno,” Piedra added. “We opened a South Reno center three months ago with about 690 storage units and a U-Box warehouse for 500 portable storage containers. It was an expansion project on land we already owned. Then, in Carson City, we have another 2.9 acres and are under construction on 1,100 self-storage units and a U-Box warehouse for 1,000 containers next to an existing center. We’re about to get underway in Red Rock/North Reno as well. That means we have three ground-up builds happening to address customer demand.”

U-Haul is the authority on migration trends thanks to its expansive network that blankets all 50 states and 10 Canadian provinces. The geographical coverage from 23,000 U-Haul truck- and trailer-sharing locations provides a broad overview of where people are moving like no one else in the industry.

Small business owners who are interested in joining the U-Haul Dealer Network at no cost and earning commissions from U-Haul rental transactions can visit uhaul.com/dealer to learn more and submit information to be contacted by a local representative.

About U-HAUL

Founded in 1945, U-Haul is the No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7

offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers’ patronage has enabled the U-Haul fleet to grow to approximately 186,000 trucks, 128,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers 913,000 rentable storage units and 78.1 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading “Best for Vets” employer and was recently named one of the 15 Healthiest Workplaces in America.

Contact:

Jeff Lockridge

Sebastien Reyes E-mail: publicrelations@uhaul.com

Phone: 602-760-4941 Website: uhaul.com