There are a few things you should know about Bowling Green self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in Bowling Green, 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Bowling Green to help inform your Bowling Green self storage search.
Many people use storage as part of their move, so if there are many people moving to Bowling Green, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Bowling Green. The US Census tells us that the metro area population of Bowling Green grew from 59,134 in 2010 to 62,479 in 2014, which is a rate of 5.66% growth over four years.
Housing occupancy and vacancy rates in Bowling Green can help us get a better idea of how much demand there is for living and storage space in Bowling Green and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Bowling Green housing, there's likely low vacancy at Bowling Green storage facilities. This would allow storage facilities in Bowling Green to charge higher prices for their units. The US Census estimates that housing vacancy rates in Bowling Green are at 8%, while the occupancy rate is at 92%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Bowling Green, suggesting that storage unit inventory might also be tighter in Bowling Green. With fewer units available, storage facilities in Bowling Green may charge higher prices.
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