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U-Haul Index Shows California Posts Biggest Net Outflow for Sixth Straight Year

Rental-truck flows offer a near-real-time proxy for migration driven largely by high housing costs.

Overview

  • U-Haul’s 2025 Growth Index, drawn from more than 2.5 million one-way rentals, found 50.6% of California customers left the state versus 49.4% arriving.
  • The most common destinations for Californians using U-Haul were Arizona, Nevada, Oregon, Washington and Texas, with Texas ranking as the top growth state nationally.
  • Official tallies show California’s population ticked up 0.05% to 39.5 million in the year ending July 2025, even as roughly 216,000 residents moved out.
  • Demographers cite cost of living and housing affordability as the leading reasons for sustained net out-migration, with partisanship viewed as an occasional contributing factor.
  • Editorial coverage framed moves as policy driven and highlighted reports of billionaire relocations tied to a proposed wealth tax, while U-Haul’s broader analysis noted growth concentrations in Republican-led states.