Finding Self Storage in Box Elder, SD: Everything You Need To Know
Just starting your Box Elder self storage search? There are a few things you should know. Storage unit prices and availability in Box Elder are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Box Elder.Moving and Storage in Box Elder, SD
Many people use storage as part of their move, so if there are many people moving to Box Elder, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Box Elder by looking at the change in population. According to the US Census, the Box Elder metro area's population grew from 7,863 in 2010 to 9,233 in 2014, a growth rate of 17.42%.Real Estate and Self Storage in Box Elder, SD
Housing occupancy and vacancy rates in Box Elder can help us get a better idea of how much demand there is for living and storage space in Box Elder and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Box Elder are high, it's probably safe to assume that storage facility occupancy rates in Box Elder are also high, which would push unit prices up. According to US Census estimates, 86.4% of housing units in Box Elder are occupied, while the vacancy rate is at 13.6%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Box Elder may also be higher. That might make it harder to find cheap storage in Box Elder.