Just starting your Belmont self storage search? There are a few things you should know. The pricing and availability of storage units in Belmont 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 Belmont, we pulled in data from the US Census.
Many people use storage as part of their move, so if there are many people moving to Belmont, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Belmont. The Belmont metro area grew from 10,243 persons in 2010 to 10,456 persons in 2014 according to the US Census, an increase of 2.08%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Belmont. If there's low vacancy rates in Belmont housing, there's likely low vacancy at Belmont storage facilities. This would allow storage facilities in Belmont to charge higher prices for their units. 9.6% of housing units in Belmont are vacant according to the US Census, while 90.4% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Belmont may also be higher. That might make it harder to find cheap storage in Belmont.
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