The Raleigh-Durham corridor registers as the top Growth City in America last year, according to U-Haul data analyzing U.S. migration trends for 2019. Raleigh-Durham is growing, thanks in large part to the Research Triangle,” stated Kris Smith, U-Haul Company of Raleigh president. “North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill serve as a major anchor in this region and attract an educated workforce.”
Arrivals of one-way U-Haul trucks in the Raleigh-Durham market were up more than 3% while departures dropped more than 2% compared to the market’s 2018 numbers. Durham locations alone saw a 7% spike in arrivals. Arrivals accounted for nearly 51.4% of all one-way U-Haul traffic in the Raleigh-Durham area.
“We have tons of businesses coming here, bringing new residents in U-Haul trucks,” Smith added. “Raleigh-Durham is rivaling Austin (Texas) for attracting tech businesses and young professionals. We’re seeing Silicon Valley talent and companies flock to the area. With a competitive cost of living, good wages and job growth, Raleigh-Durham is experiencing a boom in population.”
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