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Houston tops list of most popular destinations for movers in U.S.

This explains all the traffic. Sky Noir Photography by Bill Dickinson/Getty Images

Houston has moved up in Penske Truck Rental’s annual ranking of the country’s most popular moving destinations.

In 2021, Houston ranked first among the hottest U.S. moving destinations, Penske says. That’s up from the No. 6 position in 2020.

“It’s not hard to see why Houston is an attractive city for many people. A booming job market combined with low cost of living and sunny weather year-round make Houston a great choice for building a life and raising a family,” says Life Storage, an operator of self-storage facilities.

From 2020 to 2021, the Houston metro area gained 78,220 residents, putting it in third place for numeric population growth among U.S. metros (behind Dallas-Fort Worth and Phoenix, and just ahead of Austin).

Houston shares the Penske top 10 with three other places in Texas:

  • Sixth-ranked San Antonio, up from No. 9 the previous year.
  • Seventh-ranked Dallas, up from No. 8 the previous year.
  • Ninth-ranked Austin, down from No. 4 the previous year.

Penske compiles the annual list by analyzing one-way consumer truck rental reservations made over a 12-month span.

Houston and its big-city counterparts in Texas continue to see their populations swell for a number of reasons, including warm weather, no state income tax, relatively low housing costs, and plentiful job opportunities. From 2010 to 2020, Texas posted the third largest population increase (15.9 percent) among the states, with Utah ranked first and Idaho ranked second, according to the U.S. Census Bureau.

“There are lots of places in America with jobs and lower climate risks or jobs and racial diversity, but if you want all three, Texas will take care of you best,” The New York Timesnoted in 2021.

U-Haul, another provider of moving trucks, ranked Texas as the No. 1 destination for DIY movers in 2021.

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This article originally ran on CultureMap.

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Building Houston

 
 

A Houston startup that created a remote monitoring and care platform has raised millions in financing. Image via michealthcare.com

A virtual health care and analytics provider startup has closed its latest round of funding for a total of $27 million in financing.

Medical Informatics Corp. closed a $17 million series B co-led by Maryland-based Catalio Capital Management and California-based Intel Capital. The financing also includes an additional $10 million in debt led by Catalio through Catalio’s structured equity strategy, according to a news release.

“We are excited to have had this round co-led by Catalio and Intel Capital," says Emma Fauss, CEO and co-founder of MIC, in the release. "Catalio brings significant financial and technical resources, while Intel Capital possesses strong operational and industry experience, and we look forward to continuing to leverage both firms’ expertise as we continue to scale.”

MIC created an FDA-cleared virtual care platform, called Sickbay, that gives health care providers and hospitals away to remotely monitor patients in any setting with vendor-neutral real-time medical device integration, workflow automation and standardization.

“We have seen an increased demand for our solution as our clients face significant staffing challenges and are looking for ways to amplify and empower their workforce," Fauss says in the release. "Some of the largest health care systems in the country are standardizing their infrastructure on our Sickbayplatform while consolidating IT spend."

Other participants in the round included new investors TGH Innoventures, Tampa General Hospital’s innovation center and venture fund, and Austin-based Notley — as well as existing investors San Francisco-based DCVC, the Texas Medical Center, and nCourage, a Houston-based investment group.

As a part of the round, two individuals from Catalio will join the board at MIC. Jonathan Blankfein, principal at Catalio will join the board of directors, Diamantis Xylas, head of research at Catalio, will join as board observer.

“Health care systems’ need for high-caliber, cost-saving, data-driven technology is only going to increase, and MIC’s proprietary platform is perfectly positioned to address some of the most critical clinical challenges that health care organizations face,” says Blankfein in the release. “We look forward to continuing to support MIC’s strong team as it continues to deliver better outcomes for health care organizations and patients alike.”

Amid the pandemic and the rising need for remote care technology, MIC scaled rapidly in the past two years. The company will use the funding to continue fueling its growth, including hiring specialized talent — deep product specialists and client engagement teams — to support long-term strategic partnerships.

“One of the main barriers to advanced analytics in health care is the siloing of data and today there is a significant need for a platform to enable flexible, centralized and remote monitoring at scale and on demand,” says Mark Rostick, vice president and senior managing director at Intel Capital, in the release. “Medical Informatics is setting a new standard of health care by removing these data silos for health care providers of all sizes and transforming the way patients are monitored from hospital to home with real-time AI.”

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