If you're searching for self storage in Belton, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in Belton, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. We used US Census data on Belton to give you a better idea of these factors.
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 Belton, that could affect storage unit pricing and availability. By looking at population changes in Belton, we should be able to get an idea of how many people are moving to or from the city. The Belton metro area grew from 18,473 persons in 2010 to 20,128 persons in 2014 according to the US Census, an increase of 8.96%.
Housing occupancy and vacancy rates in Belton can help us get a better idea of how much demand there is for living and storage space in Belton and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Belton housing, there's likely low vacancy at Belton storage facilities. This would allow storage facilities in Belton to charge higher prices for their units. The US Census estimates that housing vacancy rates in Belton are at 6.7%, while the occupancy rate is at 93.3%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Belton, suggesting that storage unit inventory might also be tighter in Belton. With fewer units available, storage facilities in Belton may charge higher prices.
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