There are a few things you should know about Anderson self storage before you begin your search. Storage unit prices and availability in Anderson are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Anderson, we pulled in data from the US Census.
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Anderson, prices could be higher and availability lower. Population changes over time are one way of gauging the amount of moving activity in Anderson. According to the US Census, the Anderson metro area's population grew from 26,430 in 2010 to 27,181 in 2014, a growth rate of 2.84%.
Vacancy and occupancy rates in the Anderson housing market can help us gauge the demand for living space and thus self-storage space in Anderson, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Anderson, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Anderson area. 14.4% of housing units in Anderson are vacant according to the US Census, while 85.6% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Anderson, suggesting that storage unit inventory might also be tighter in Anderson. With fewer units available, storage facilities in Anderson may charge higher prices.
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