Just starting your Bloomingdale self storage search? There are a few things you should know. The pricing and availability of storage units in Bloomingdale 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 Bloomingdale to help inform your Bloomingdale self storage search.
Many people use storage as part of their move, so if there are many people moving to Bloomingdale, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Bloomingdale, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Bloomingdale metro area population grew from 22,083 to 22,299, a growth rate of 0.98% according to the US Census.
One way to get an idea of the demand for housing and storage space in Bloomingdale is to look at housing occupancy and vacancy rates. Low rates of vacancy in Bloomingdale housing could indicate that real estate is in short supply. Self storage units in Bloomingdale may then also be in short supply, which means Bloomingdale storage unit prices may be higher. The US Census estimates that housing vacancy rates in Bloomingdale are at 5.2%, while the occupancy rate is at 94.8%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Bloomingdale also have higher than average occupancy rates. High occupancy rates in Bloomingdale will make it more difficult to find a good deal on a storage unit.
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