There are a few things you should know about Brooklyn Park self storage before you begin your search. Storage unit prices and availability in Brooklyn Park are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Brooklyn Park to help inform your Brooklyn Park self storage search.
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Brooklyn Park, prices could be higher and availability lower. Population changes over time are one way of gauging the amount of moving activity in Brooklyn Park. The US Census tells us that the metro area population of Brooklyn Park grew from 75,970 in 2010 to 78,728 in 2014, which is a rate of 3.63% growth over four years.
Vacancy and occupancy rates in the Brooklyn Park housing market can help us gauge the demand for living space and thus self-storage space in Brooklyn Park, and may hint at storage availability and pricing. Low rates of vacancy in Brooklyn Park housing could indicate that real estate is in short supply. Self storage units in Brooklyn Park may then also be in short supply, which means Brooklyn Park storage unit prices may be higher. The US Census estimates that housing vacancy rates in Brooklyn Park are at 5.8%, while the occupancy rate is at 94.2%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Brooklyn Park may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Brooklyn Park than in other cities.
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