If you're searching for self storage in Bellmead, there are a few things you should keep in mind. Bellmead 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Bellmead.
If there are many people moving to or from Bellmead, 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 Bellmead by looking at the change in population. From 2010 to 2014, the Bellmead metro area population grew from 9,928 to 10,184, a growth rate of 2.58% according to the US Census.
One way to get an idea of the demand for housing and storage space in Bellmead is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Bellmead, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Bellmead area. According to US Census estimates, 91.3% of housing units in Bellmead are occupied, while the vacancy rate is at 8.7%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Bellmead also have higher than average occupancy rates. High occupancy rates in Bellmead will make it more difficult to find a good deal on a storage unit.
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