Finding Self Storage in Belfast, NY: Top Tips
Just starting your Belfast self storage search? There are a few things you should know. The pricing and availability of storage units in Belfast 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. In order to give you a better idea of these factors in Belfast, we pulled in data from the US Census.Moving and Storage in Belfast, NY
If there are many people moving to or from Belfast, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Belfast we can get a better idea of the amount of moving activity. The Belfast metro area saw its population decline from 1,668 persons in 2010 to 1,633 persons in 2014 according to the US Census, a decrease of -2.1%.The Relationship Between Real Estate and Self Storage in Belfast, NY
Vacancy and occupancy rates in the Belfast housing market can help us gauge the demand for living space and thus self-storage space in Belfast, and may hint at storage availability and pricing. If there's low vacancy rates in Belfast housing, there's likely low vacancy at Belfast storage facilities. This would allow storage facilities in Belfast to charge higher prices for their units. According to US Census estimates, 89.4% of housing units in Belfast 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 Belfast, suggesting that storage unit inventory might also be tighter in Belfast. With fewer units available, storage facilities in Belfast may charge higher prices.