Madison ranks 4th on ‘growing cities’ list
Madison secured the No. 4 ranking on the U-Haul Top 10 U.S. Growth Cities for 2015. Growth rankings are determined by the net gain of incoming one-way U-Haul truck rentals versus outgoing rentals for the past calendar year.
U-Haul locations in Madison saw 52.2% of truck rental customers coming into the city as opposed leaving. Madison welcomed 2% more U-Haul arrivals year-over-year, while its departures were down fractionally over the same span.
Mayor Paul Soglin said that while the university and government remain major employers in the state capital, the tech and food industries have seen significant job growth. Soglin added that zoning code changes a few years ago led to an explosion in new housing construction, making Madison’s home-buying options more appealing to professionals, families, and retirees alike.
While U-Haul migration trends don’t correlate directly to population or economic growth, the growth cities data is a strong gauge of how well cities are attracting and keeping residents.