According to U-Haul, There Aren’t Many People Moving to Montana
Many Montana residents aren't thrilled about how much the state is growing. Due to the lack of housing in the Bozeman area, many hopeful homebuyers have began purchasing large lots of undeveloped land on the outskirts of Bozeman.
Here in Bozeman and throughout the Gallatin Valley, we're experiencing a unique situation that is really only happening here. The lack of housing has driven home prices to levels that many can simply not afford. There is much more demand than inventory.
U-Haul recently released its 2020 Migration Trends, where it ranks all 50 states based upon migration growth. Out of all 50 states, Montana ranks #19. Montana has moved up on the list from 2019, when it was ranked #26.
According to U-Haul, growth states are calculated by the net gain of one-way U-Haul trucks entering a state versus leaving that state in a calendar year. Migration trends data is compiled from more than 2 million one-way U-Haul truck customer transactions that occur annually.
While U-Haul migration trends do not correlate directly to population or economic growth, the Company’s growth data is an effective gauge of how well cities and states are attracting and maintaining residents.
California is ranked last on the list. The number of people leaving the state far outweighs the number of people moving there.
Here are the top 20 states people are moving to, according to U-Haul's rankings.
9. North Carolina
15. South Carolina
16. West Virginia
We would like to thank all of the people that decided to move to other states instead of Montana. Not to be rude, but that lack of people is one of the reasons that Montana is such a great place.
Click here to read U-Haul's 2020 Migration Trends report.