Vermont Number 9 state for U-Haul growth

Vermont Business Magazine Vermont is the Number 9 USGrowth State for 2016, according to the latest U-Haul migration trends report.Vermontclimbed seven spots from its Number 16 growth ranking for 2015. Year-over-year arrivals of one-way truck rentals jumped 8 percent last year inVermont, and departures rose 4 percent as overall U-Haul traffic increased. Arrivals accounted for 53 percent of U-Haul traffic in 2016, includinglocations in White River Junction,RutlandandBurlington, the cities to paceVermontin its net gain of one-way U-Haul trucks.White River Junctionis the Number 2 U-Haul USGrowth City for locations with a population fewer than 10,000.

Vermont is the No. 9 Growth State of 2016 according to the latest U-Haul migration trends reports. U--Haul photo.

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. Earlier this month, United Van Lines reported that Vermont was number 2 in its national report on inbound migration.

"The majority of growth is in northern part ofVermont, and specifically toward the center of the state," saidJim Blair, U-Haul Company of Western Mass andVermontpresident. "Our neighborhood dealer network has grown. We've gained about 20 new dealers offering U-Haul rentals over the last two years."

U-Haul area field managerNate Dandrow, a third-generationVermontnative and former law enforcement official, said the expansion of dealer locations and forming strong partnerships has resulted in serving more do-it-yourself customers.

"I think what's bringing people here is a very good quality of life," said Dandrow, a Watervillle resident. "It may be little more expensive to live here, but the return on their investment is like nowhere else. The quality of relationships people can build here is unique. The old-fashioned sentiment of neighbors caring about neighbors has perhaps fallen by the wayside in some places, but it is alive here."

Vermontis home to more than 100 covered bridges and the largest concentration of sugar maple trees in the country. It has nearly 625,000 residents, according to latest USCensus estimate.

Find U-Haul stores and neighborhood dealers inVermontatuhaul.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 stores, provides a comprehensive overview of where people are moving like no one else in the industry.

About U-Haul
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 50 million square feet of self-storage space at owned and managed facilities throughoutNorth 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.

RELATED STORY:United Van Lines: Vermont Number 2 for inbound movers

Source:PHOENIXandBURLINGTON, Vt.,Jan. 24, 2017/PRNewswire/ --www.uhaul.com