Before beginning your self storage search in Baldwin Park, there are a few things you should know. The pricing and availability of storage units in Baldwin Park will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Baldwin Park.
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 Baldwin Park, prices could be higher and availability lower. By looking at population changes in Baldwin Park, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Baldwin Park metro area population grew from 75,465 to 77,119, a growth rate of 2.19% according to the US Census.
Vacancy and occupancy rates in the Baldwin Park housing market can help us gauge the demand for living space and thus self-storage space in Baldwin Park, and may hint at storage availability and pricing. If housing occupancy rates in Baldwin Park are high, it's probably safe to assume that storage facility occupancy rates in Baldwin Park are also high, which would push unit prices up. 3.1% of housing units in Baldwin Park are vacant according to the US Census, while 96.9% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Baldwin Park, suggesting that storage unit inventory might also be tighter in Baldwin Park. With fewer units available, storage facilities in Baldwin Park may charge higher prices.
(877) 449-0987(Se habla espanol)
2020 © Self Storage Finders. All Rights Reserved.