Finding Self Storage in Bethel, CT: Top Tips
Before beginning your self storage search in Bethel, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Bethel, 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Bethel.Bethel, CT Self Storage and Moving
If there are many people moving to or from Bethel, 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 Bethel by looking at the change in population. From 2010 to 2014, the Bethel metro area population grew from 18,637 to 19,372, a growth rate of 3.94% according to the US Census.Real Estate and Self Storage in Bethel, CT
Housing occupancy and vacancy rates in Bethel can help us get a better idea of how much demand there is for living and storage space in Bethel and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Bethel, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Bethel area. According to US Census estimates, 93.6% of housing units in Bethel are occupied, while the vacancy rate is at 6.4%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Bethel also have higher than average occupancy rates. High occupancy rates in Bethel will make it more difficult to find a good deal on a storage unit.