Before beginning your self storage search in Auburn, there are a few things you should know. Storage unit prices and availability in Auburn 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 Auburn to give you a better idea of these factors.
If there are many people moving to or from Auburn, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Auburn by looking at the change in population. The US Census tells us that the metro area population of Auburn grew from 70,391 in 2010 to 76,347 in 2014, which is a rate of 8.46% growth over four years.
Housing occupancy and vacancy rates in Auburn can help us get a better idea of how much demand there is for living and storage space in Auburn and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Auburn housing, there's likely low vacancy at Auburn storage facilities. This would allow storage facilities in Auburn to charge higher prices for their units. The US Census estimates that housing vacancy rates in Auburn are at 6.4%, while the occupancy rate is at 93.6%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Auburn also have higher than average occupancy rates. High occupancy rates in Auburn will make it more difficult to find a good deal on a storage unit.
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