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Just starting your Bloomington self storage search? There are a few things you should know. The pricing and availability of storage units in Bloomington 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. In order to give you a better idea of these factors in Bloomington, we pulled in data from the US Census.
One way to get an idea of the demand for housing and storage space in Bloomington is to look at housing occupancy and vacancy rates. If housing occupancy rates in Bloomington are high, it's probably safe to assume that storage facility occupancy rates in Bloomington are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Bloomington are at 5.5%, while the occupancy rate is at 94.5%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Bloomington may also be higher. That might make it harder to find cheap storage in Bloomington.
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