There are a few things you should know about Abbeville self storage before you begin your search. Storage unit prices and availability in Abbeville are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Abbeville to give you a better idea of these factors.
If there are many people moving to or from Abbeville, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Abbeville, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Abbeville grew from 12,251 in 2010 to 12,446 in 2014, which is a rate of 1.59% growth over four years.
Vacancy and occupancy rates in the Abbeville housing market can help us gauge the demand for living space and thus self-storage space in Abbeville, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Abbeville, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Abbeville area. According to US Census estimates, 89.4% of housing units in Abbeville are occupied, while the vacancy rate is at 10.6%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Abbeville, suggesting that storage unit inventory might also be tighter in Abbeville. With fewer units available, storage facilities in Abbeville may charge higher prices.
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