There are a few things you should know about Bainbridge Island self storage before you begin your search. Bainbridge Island storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Bainbridge Island to help inform your Bainbridge Island self storage search.
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Bainbridge Island, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Bainbridge Island. According to the US Census, the Bainbridge Island metro area's population grew from 23,064 in 2010 to 23,293 in 2014, a growth rate of 0.99%.
One way to get an idea of the demand for housing and storage space in Bainbridge Island is to look at housing occupancy and vacancy rates. Low rates of vacancy in Bainbridge Island housing could indicate that real estate is in short supply. Self storage units in Bainbridge Island may then also be in short supply, which means Bainbridge Island storage unit prices may be higher. The US Census estimates that housing vacancy rates in Bainbridge Island are at 10.5%, while the occupancy rate is at 89.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Bainbridge Island, suggesting that storage unit inventory might also be tighter in Bainbridge Island. With fewer units available, storage facilities in Bainbridge Island may charge higher prices.
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