Finding Self Storage in Benicia, CA: Everything You Need To Know
Before beginning your self storage search in Benicia, there are a few things you should know. Benicia 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 Benicia.Moving and Storage in Benicia, CA
Many people use storage as part of their move, so if there are many people moving to Benicia, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Benicia, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Benicia metro area's population grew from 27,034 in 2010 to 27,930 in 2014, a growth rate of 3.31%.Self Storage and Real Estate in Benicia, CA
One way to get an idea of the demand for housing and storage space in Benicia is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Benicia housing, there's likely low vacancy at Benicia storage facilities. This would allow storage facilities in Benicia to charge higher prices for their units. According to US Census estimates, 94.5% of housing units in Benicia are occupied, while the vacancy rate is at 5.5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Benicia also have higher than average occupancy rates. High occupancy rates in Benicia will make it more difficult to find a good deal on a storage unit.