Finding Self Storage in Bristol, CT: Top Tips
If you're searching for self storage in Bristol, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in Bristol, 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. In order to give you a better idea of these factors in Bristol, we pulled in data from the US Census.Self Storage and Moving in Bristol, CT
Many people use storage as part of their move, so if there are many people moving to Bristol, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Bristol we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Bristol grew from 60,479 in 2010 to 60,570 in 2014, which is a rate of 0.15% growth over four years.The Real Estate Climate and Self Storage in Bristol, CT
Vacancy and occupancy rates in the Bristol housing market can help us gauge the demand for living space and thus self-storage space in Bristol, and may hint at storage availability and pricing. If housing occupancy rates in Bristol are high, it's probably safe to assume that storage facility occupancy rates in Bristol are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Bristol are at 6.3%, while the occupancy rate is at 93.7%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Bristol also have higher than average occupancy rates. High occupancy rates in Bristol will make it more difficult to find a good deal on a storage unit.