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Tennessee Ranks Fifth in U-Haul’s 2024 Top Growth States for Relocation

Southern states dominate U-Haul’s annual migration report, with Tennessee attracting new residents due to its low taxes and business-friendly climate.

  • Tennessee ranked fifth in U-Haul's 2024 Growth Index, marking its fifth consecutive year in the top ten for in-migration.
  • Southern states led the rankings, with South Carolina, Texas, North Carolina, and Florida taking the top four spots ahead of Tennessee.
  • U-Haul’s data, based on over 2.5 million one-way moves, shows 51% of Tennessee's traffic involved people moving into the state, while 49% were departures.
  • Middle Tennessee cities, including Nashville, Franklin, Murfreesboro, and Clarksville, were highlighted as key destinations for new residents.
  • Factors driving migration include Tennessee’s low tax burden, pro-business policies, and the appeal of Southern hospitality and quality of life.
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