Just starting your Big Bear Lake self storage search? There are a few things you should know. The pricing and availability of storage units in Big Bear Lake 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Big Bear Lake to help inform your Big Bear Lake self storage search.
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 Big Bear Lake, that could affect storage unit pricing and availability. By looking at population changes in Big Bear Lake, 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 Big Bear Lake metro area's population grew from 5,031 in 2010 to 5,173 in 2014, a growth rate of 2.82%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Big Bear Lake. High occupancy rates can indicate a lack of housing supply in Big Bear Lake, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Big Bear Lake area. According to US Census estimates, 22.5% of housing units in Big Bear Lake are occupied, while the vacancy rate is at 77.5%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Big Bear Lake may also be higher. That might make it harder to find cheap storage in Big Bear Lake.
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