PHOENIX and LITTLE ROCK, Ark., Jan. 23, 2017 /PRNewswire/ — Arkansas is the No. 10 U.S. Growth State for 2016, according to the latest U-Haul migration trends report.
Arkansas maintained its top-10 status by essentially duplicating its one-way U-Haul truck arrival and departure transactions from 2015, when it earned the No. 8 ranking on this list.
Arrivals accounted for 50.6 percent of U-Haul traffic in Arkansas in 2016 thanks to locations such as Hot Springs Village, Fayetteville, Bella Vista, Centerton and Bentonville, the cities to pace Arkansas in its net gain of one-way U-Haul trucks.
Growth States are calculated by the net gain of one-way U-Haul truck rentals entering a state versus leaving a state during a calendar year. Migration trends data is compiled from more than 1.7 million one-way U-Haul truck rental transactions that occur annually.
While migration trends do not correlate directly to population or economic growth, U-Haul growth data is an effective gauge of how well cities are attracting and maintaining residents.
“Northwest Arkansas is growing by leaps and bounds,” said U-Haul Company of Tulsa president Jim Smith, whose area includes the northwest corner of Arkansas. “I call it God’s Country. You have Wal-Mart®, Tyson® Foods, the University of Arkansas, J.B. Hunt® Transport Services … all the major employers are based out of the Northwest Arkansas region.
“Last I read, the northwest region was growing by 30 residents a day. I can see that because of the inbound activity of U-Haul trucks per day. The region’s overall population has grown nearly 70 percent in the last 15 years.”
U-Haul has stores in Springdale and Rogers (opened August 2015) and added roughly 20 new neighborhood dealers over the past two years to serve the northwest region.
But the Company’s reach is growing across Arkansas to make moving services more convenient for everyone.
“We have new stores in Pine Bluff, Little Rock and Texarkana, which is on the border and will serve Arkansas customers with more self-storage units,” said Ken Vadnais, U-Haul Company of Arkansas president.
Find U-Haul stores and neighborhood dealers in Arkansas at uhaul.com/locations.
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, including neighborhood dealers and Company-owned and -operated