There are a few things you should know about Bountiful self storage before you begin your search. The pricing and availability of storage units in Bountiful 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Bountiful.
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 Bountiful, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Bountiful we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Bountiful grew from 42,653 in 2010 to 43,385 in 2014, which is a rate of 1.72% growth over four years.
One way to get an idea of the demand for housing and storage space in Bountiful is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Bountiful, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Bountiful area. The US Census estimates that housing vacancy rates in Bountiful are at 4.5%, while the occupancy rate is at 95.5%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Bountiful may also be higher. That might make it harder to find cheap storage in Bountiful.
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