AUSTIN, Texas, May 22, 2017 /PRNewswire/ -- Austin ranks as the No. 5 U-Haul U.S. Destination City for 2016, according to the latest U-Haul migration trends report.
The Texas capital saw an increase of nearly 2 percent in arrivals over 2015, helping to sustain its run as one of the top five busiest U.S. markets for incoming U-Haul trucks.
U-Haul Destination Cities are ranked according to the total number of arriving one-way U-Haul truck rentals to a city in the past calendar year. Destination Cities do not account for departing traffic and thus do not necessarily reflect growth like U-Haul Growth Cities. Destination Cities reflect the volume and regularity of do-it-yourself movers coming into a community.
"Austin has been ranked the best place to start a small business, the coolest city, and the best place to live in America," Austin Mayor Steve Adler said. "The only surprise here is that Austin ranks so low on this list."
Austin also ranks as the No. 2 U-Haul U.S. Growth City for 2016 with a population of 50,000-plus. It is the lone U.S. location to rank in the top 10 for U-Haul Destination Cities (gross arrivals) and U-Haul Growth Cities (net arrivals over departures) for the past calendar year.
U-Haul has 10 Company-owned stores and 26 independent neighborhood dealers within the city limits, and offers many more locations to fulfill the needs of Austin's suburbs. Find U-Haul truck and trailer sharing locations in Austin at uhaul.com/locations.
"One large reason people move here is because of the tax breaks," said Glenn Taylor, U-Haul Company of South Austin president. "Austin has no income tax and no state tax on your salary. The Austin job market never really slowed down like the rest of the U.S. did over the last eight years. Last August, U-Haul saw a significant increase in its one-way truck rentals coming into Austin. We have to attribute a portion of that to the University of Texas. It's the single largest campus in the country."
Taylor added that, in 2016, Apple® moved employees to two campuses located in north and southwest Austin. Prior to that, Google® expanded its local operation. In addition, throngs of University of Texas students tend to keep Austin a popular destination for U-Haul trucks.
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 more than 21,000 U-Haul locations provides a comprehensive overview of where people are moving like no one else in the industry. Migration trends data is compiled from more than 1.7 million one-way U-Haul truck rental transactions that occur annually.
Follow the Top 10 U.S. Destination Cities daily countdown through May 26 on Twitter @uhaul. U-Haul Destination Cities announced so far include: 10. Charlotte 9. Kansas City 8. Philadelphia 7. Brooklyn 6. Las Vegas. View all migration trends reports, including the U-Haul 2016 U.S. Growth Cities and Growth States, at myuhaulstory.com.
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 21,000 locations across all 50 states and 10 Canadian provinces. U-Haul customers' patronage has enabled the U-Haul fleet to grow to more than 139,000 trucks, 108,000 trailers and 38,000 towing devices. U-Haul offers more than 536,000 rooms and more than 47 million square feet of self-storage space at owned and managed facilities throughout North America. U-Haul is the largest installer of permanent trailer hitches in the automotive aftermarket industry and is the largest retailer of propane in the U.S. www.uhaul.com
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