Tips for Finding Self Storage in Burlington, MA
Just starting your Burlington self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Burlington, 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. We used US Census data on Burlington to give you a better idea of these factors.Burlington, MA Self Storage and Moving
If there are many people moving to or from Burlington, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Burlington. From 2010 to 2014, the Burlington metro area population grew from 24,564 to 25,683, a growth rate of 4.56% according to the US Census.The Relationship Between Real Estate and Self Storage in Burlington, MA
One way to get an idea of the demand for housing and storage space in Burlington is to look at housing occupancy and vacancy rates. If housing occupancy rates in Burlington are high, it's probably safe to assume that storage facility occupancy rates in Burlington are also high, which would push unit prices up. Burlington is estimated to have a 95.9% housing occupancy rate, while the vacancy rate is at 4.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Burlington also have higher than average occupancy rates. High occupancy rates in Burlington will make it more difficult to find a good deal on a storage unit.